0
What are the main reasons for the development of accounting regulations?
Wiki User
∙ 9y ago
Accounting regulations were created to ensure there was a standard for reporting. If there was no standard, then no one would be able to truly assess whether a business was profitable or not.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What are problems in accounting?
Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.
What are the main advantages of the Peachtree Accounting software over similar software programs?
Peachtree Accounting software is the oldest accounting software in the world. Peachtree software contains all forms of accounting services. Peachtree Accounting software makes bookkeeping quick and easy.
Benefits of cost accounting?
The main benefit of cost accounting is that it can be used to alert management on how to be more cost effective. It also helps companies plan for the future.
Identify the two main categories of accounting principles?
General Principles and Specific Principles. If you want to know more about "Basic Accounting Principles and Guidelines" go for below url: www[.]accountingcoach.com/accounting-principles/explanation
Benefits of responsibility accounting?
The main benefit of responsible accounting is that you will know exactly how your money came in and where it went. It is very important to keep accurate books when you are running a business.
What are the goals of an accounting career?
The main goal in an accounting career is client service. The other goals are team development, business development and new innovation.
What are the careers of an accountant?
The main goal in an accounting career is client service. The other goals are team development, business development and new innovation.
What are the main reasons put forward for financial market regulations?
to make sure that the finanacial market is right and that its safe
What are the two main reasons cells divide?
the 2MAIN reasons they are resting from chromosomes touching one another to improve once you grow they enlarge there growth of development.
What are the main different between Financial accounting and Cost accounting?
do you have best answer from FA
What is the 4 fields of accounting?
In accounting there are four main areas. They are as follows corporate accounting, corporate finance, public accounting and investment banking.
What are the main function of accounts?
whats the main words of accounting
What are problems in accounting?
Most of the people do not know the rules of Debit and Credit. That is the main problem in accounting.
State the main purpose of the building regulations in the united kingdom?
The main purpose of Building Regulations is to ensure the health and safety of the persons in or about buildings.
What are the main characteristics of book keeping?
The main characteristics of bookkeeping include recording financial transactions, organizing data, maintaining accuracy, and ensuring compliance with accounting principles and regulations. Bookkeeping helps businesses track their financial performance and make informed decisions based on financial data.
What are the objectives of sebi?
Established in 1992 with three main objectiveslTo protect the interest of investors in securities lTo promote the development of securities market lMake rules and regulations for the securities market
What is scrap in cost accounting?
The main purpose of cost accounting is to provide mangement with financial information necessary
