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What is a system of gathering financial information about a business and reporting this information to users called?
Wiki User
∙ 10y ago
Accounting
Wiki User
∙ 10y ago
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What are the objectives of financial reporting for business enterprises based on the FASB conceptual framework?
the needs of the users of the information.
What are financial information systems and what do they do?
What are financial information systems and what do they do, for a small business
How will managers use financial information to predict outcomes for business?
How will managers use financial information to predict outcomes for business?
Why accounting is called the language of business?
Because it communicates financial information, accounting is often called "the language of business." The information that a user of financial information needs depends upon the kinds of of decisions the user makers. The differences in the decisions divide the users of financial information into two broad groups: internal users and external users.
Meaning of financial and non-financial motivation?
when a business gives the business a business and then the business give a business a business and then another business and then another business a business after business
Recording and reporting a business's financial information separately from the owners financial information is an application of the accounting concept?
Business Entity
What are the objectives of financial reporting for business enterprises based on the FASB conceptual framework?
the needs of the users of the information.
What school teaches primarily financial reporting?
Schools that primarily teach financial reporting are business schools. This includes schools like Stanford Graduate School of Business and Harvard Business School.
Definition of non-financial information?
Non-financial information comprises all quantitative and qualitative data on the policy pursued, the business operations and the results of policy in form of outcome, without a direct link with financial registration system. It refers to information that falls outside the scope of mainstream financial statements.It is a basis of providing direction. It does not have direct financial impact. Sometimes non-financial information could refer to social accounting, corporate social responsibility (CSR), environmental reporting, sustainability, service performance reporting and etc.
What are financial information systems and what do they do?
What are financial information systems and what do they do, for a small business
How will managers use financial information to predict outcomes for business?
How will managers use financial information to predict outcomes for business?
How can you justify that accounting is an information system?
Accounting itself is a systematic recording of transactions that occur in a business. It's the process of summarizing and reporting those transactions in financial statements. Accounting in itself is start of an information system.
What is the top financial reporting software?
Quicken
Which financial statement is primarily concerned with reporting the profit-related activities of a business?
Statement of Cash Flows
Interpret financial information?
Business and finance
What financial information should a business plan contain?
financial statements (if the business has already been operating)budgetpricingprojections
What is business reporting?
type of business reporting
