The limitations of accounting
information
Despite the usefulness of accounting information, there
are some limitations:
1. An accountin
one of the most limitation of accounting is measurement by historical cost
i can't i want ans wer
One limitation of computerized accounting is that some errors can go undetected. A human mind has better judgment as to what is sensible and prudent in accounting.
outline four limitation of the accounting rate of return method of appraising new investment.
The limitations of accounting are the following: Accounting estimates, professional judgment, verifiability, measurability, limited predictive value, fraud and error. Measurability is limitation due to all entries in accounting record must have a monetary value, and so there is no accounting measure of goodwill or workforce competence.
one of the most limitation of accounting is measurement by historical cost
i can't i want ans wer
One limitation of computerized accounting is that some errors can go undetected. A human mind has better judgment as to what is sensible and prudent in accounting.
outline four limitation of the accounting rate of return method of appraising new investment.
what are the alternatives to overcome the limitations of financial accounting
The limitations of accounting are the following: Accounting estimates, professional judgment, verifiability, measurability, limited predictive value, fraud and error. Measurability is limitation due to all entries in accounting record must have a monetary value, and so there is no accounting measure of goodwill or workforce competence.
what is the scope of limitation in student information system
Financial accounting
what are the advantages of accounting information disclosure?
1.6 scope and limitation of the study:
Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, ...
They need accounting information to make a study and assess how accounting information affect business organisation.