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Exceptions to the Accounting of Disclosures include which of the following?
Wiki User
∙ 14y ago
a and c only. For routine Treatment, Payment, and Healthcare Operations (TPO) and Made to the individual for his or her own PII/PHI
Wiki User
∙ 14y ago
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How legislation and accounting concepts affect an organization accounting policies?
Describe how the legislation and accounting concepts affect an organisation's accounting policiesReporting methods, measurement systems, and disclosures used by a specific company. The accountant should evaluate the appropriateness of accounting policies employed by management. A description of the company's accounting policies should be presented in a separate section preceding the footnotes to the financial statements or as the first footnote. Disclosure of accounting policies should include Accounting Principles and methods of application that involve: (1) a selection from generally accepted alternatives; (2) those peculiar to the industry or field of endeavor; and (3) unusual or different applications of Generally Accepted Accounting Principles (GAAP). Examples of disclosures are basis of Consolidation, depreciation methods, and inventory pricing. Disclosure of accounting policies assists financial readers in better interpreting a company's financial statements. Thus it results in fair presentation of the financial statements.
Specialized Accounting Fields?
Some specialized accounting fields include: tax accounting, corporate accounting and forensic accounting. Studying for these types of accounting position requires extra classes in college.
How does management accounting differ from cost accounting?
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
Specialized fields of accounting?
Specialized fields in accounting include tax accounting and forensic accounting. To take advantage of these specialties you must find a university offering the courses.
What records are used for accounting?
Accounting records include ledgers, invoices, receipts, correspondence with tax agencies, etc.
How the legislation and accounting concepts affect an organization's accounting policies?
Reporting methods, measurement systems, and disclosures used by a specific company. The accountant should evaluate the appropriateness of accounting policies employed by management. A description of the company's accounting policies should be presented in a separate section preceding the footnotes to the financial statements or as the first footnote. Disclosure of accounting policies should include Accounting Principles and methods of application that involve: (1) a selection from generally accepted alternatives; (2) those peculiar to the industry or field of endeavor; and (3) unusual or different applications of Generally Accepted Accounting Principles (GAAP). Examples of disclosures are basis of Consolidation, depreciation methods, and inventory pricing. Disclosure of accounting policies assists financial readers in better interpreting a company's financial statements. Thus it results in fair presentation of the financial statements.
How legislation and accounting concepts affect an organization accounting policies?
Describe how the legislation and accounting concepts affect an organisation's accounting policiesReporting methods, measurement systems, and disclosures used by a specific company. The accountant should evaluate the appropriateness of accounting policies employed by management. A description of the company's accounting policies should be presented in a separate section preceding the footnotes to the financial statements or as the first footnote. Disclosure of accounting policies should include Accounting Principles and methods of application that involve: (1) a selection from generally accepted alternatives; (2) those peculiar to the industry or field of endeavor; and (3) unusual or different applications of Generally Accepted Accounting Principles (GAAP). Examples of disclosures are basis of Consolidation, depreciation methods, and inventory pricing. Disclosure of accounting policies assists financial readers in better interpreting a company's financial statements. Thus it results in fair presentation of the financial statements.
What are basic college requirements for accounting?
The initial requirements will include a general education cluster to include, English, math, exact science, social science, humanities , and prerequisite business and accounting courses in preparation for higher level major requirement and major elective course work to include some of the following: * Intro to contemporary business * Micro and macro economics * Business law I * Accounting I and II * Business electives
Specialized Accounting Fields?
Some specialized accounting fields include: tax accounting, corporate accounting and forensic accounting. Studying for these types of accounting position requires extra classes in college.
How does management accounting differ from cost accounting?
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
Explain the concept of social responsibility accounting?
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
Accounting profits are typically?
greater then economic profits,as accounting profits do not include implicit costs
Specialized fields of accounting?
Specialized fields in accounting include tax accounting and forensic accounting. To take advantage of these specialties you must find a university offering the courses.
Types of accounting information systems?
There are so many different types of accounting information systems. Some of the common ones include project accounting, forensic accounting, tax accounting, management accounting and so much more.
What records are used for accounting?
Accounting records include ledgers, invoices, receipts, correspondence with tax agencies, etc.
What are the areas covered by Accounting?
Areas covered by accounting include: taxes, forensic and business accounting. Many industries require accountants to ensure they are profitable in business.
What is accounting system and what their types?
An accounting system is a program or a system that is used in management and processing of accounts. Some of the types of accounting systems include management accounting, cost accounting, manual systems, double entry and so many others.
