1) recording
2) classifying
3)summarizing
4) interpreting
Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.
The four broad fields of accounting are:FinancialManagerialTaxationOther/Accounting-related
Four phases of accounting is as follows:RecordingClassifyingSummarizingInterpreting.
which is different from accounting,refers to the mechanical aspects off accounting, such as recording,classifying,and summarising transactions.bookkeeping is therefore a part off accounting....
four phases of accounting and their meaning
Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.
Major aspect of accounting in any business organization is financial accounting and inventory accounting. While the financial accounting deals with the monetary aspects the inventory accounting deals with the quantitative aspects of the goods and services of the business organization. Important financial accounting aspects are payment voucher, journal voucher, cashbook, general ledger, bank reconciliation and trial balance. Important inventory accounting aspects are opening balance, purchases, sales and closing balance.
Simi Kedia has written: 'The economics of fraudulent accounting' -- subject- s -: Accounting fraud, Economic aspects, Economic aspects of Accounting fraud
The four broad fields of accounting are:FinancialManagerialTaxationOther/Accounting-related
"Accounting Standards" are what governs various ethical and legal aspects of accounting. It does not "stand" for anything.
Four phases of accounting is as follows:RecordingClassifyingSummarizingInterpreting.
Gary Siegel has written: 'Behavioral accounting' -- subject(s): Accounting, Psychological aspects, Psychological aspects of Accounting, Research 'What corporate America wants in entry-level accountants' -- subject(s): Accountants, Accounting, Training of, Study and teaching
which is different from accounting,refers to the mechanical aspects off accounting, such as recording,classifying,and summarising transactions.bookkeeping is therefore a part off accounting....
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four phases of accounting and their meaning
what are the examples of internal accounts
In accounting there are four main areas. They are as follows corporate accounting, corporate finance, public accounting and investment banking.