Organization costs are capitalized under Other Assets (non-current) and amortized (written off to an expense account) over a period of time, usually 60 months.
your big head
Financial Accounting just deals with the recording, analysing and classification of financial statements. Whereby other disciplines related to Financial accounting deal with the information "recieved" from Financial Accounting. For example : Management Accounting deals with making decisions for the company's growth and stability, on the contrary Financial accounting provides the data to management accounting for its decision making process.
Who's organization?
I believe the intended question was "What is the difference between financial accounting and cost accounting?" The question makes no sense in the categories of electrical and electronics engineering. And so I have added the category of Business to the topic.The difference between the two types of accounting:Financial Accounting's goal is for preparing financial statements for use by parties outside of a company's management. The statements that are prepared for stockholders and investors, regulators, analysts and other outside parties present the external view of a company according to established and accepted standards. One of these is known as GAAP, Generally Accepted Accounting Procedures.Cost Accounting is subcategory of Managerial Accounting which deals with the internal management of the company. Each company's managers may have different needs and so each company may have somewhat different practices for Management Accounting. Cost Accounting deals with the planning and tracking of the costs of operating the company. The needs will vary between kinds of companies. A manufacturer must deal with costs of raw materials and parts, whereas a bank does not need to deal with costs at such a granular level.
Cost accounting is usually involved with management accounting. Financial accounting tends to deal with the past and presents information like statements for public and private use. Management.the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.
Materials Management generally includes purchasing, procurement, distribution, warehousing, of products and materials in an organization. In Materials Management you deal with financial parameters and the needs of your internal customers.
A 6 ounce bag of raisins costs 2.46an 8 ounce bag of raisins costs 3.29. which is a better deal?
Non profit making organization is the type that does not deal with profit oriented
they deal with the financial meatter
There is big deal. x and y are commonly used as variables, p and q are used a statements in logic.
Alexander Hamilton's main job as Secretary of the Treasury was to deal with the government's financial issues.