January 2, 2009
What does NOI stand for?
NOI is the acronym for net operating income. Net operating income is also referred to as income from operations.
NOI excludes discontinued operations, extraordinary items, and nonoperating (or other) items such as interest expense, interest revenues, gains, and losses.
Learn more about the Income Statement.
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A-Proceduture for the autorisation of purchase of fixed assets
2-Aproceduture for raising orders
3-Aproceduture from receipt of invoice to payment authorisation.
4-Fixed Asset register
5- Depreciation
6-Aprocedure for disposal of assets
7-Any relevant SSAPs/FRSs/IAS
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