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Why do accounting analysts need accounting information?
To perform Financial Analysis on companies
What is variance analysis in accounting?
Listen mate! I'll break it down to you.. variance analysis
What is the purpose of financial accounting analysis?
Financial accounting analysis is necessary so that a business can make sure that financial matters are being taken care of without a deficit being present. Financial accounting analysis will also help a business pay the proper amounts for taxes.
What sort of analysis takes place in planning an accounting information system?
The analysis phase requires a thorough evaluation and documentation of the accounting and business processes in use by the organization.
1.9 Describe the different functions of management accounting?
The functions of management accounting include: Budget control, ratio analysis, fund flow analysis and cash flow analysis. Management accountingâ??s main function is to collect accounting data which is useful for different managerial functions.
What is Intracompany?
If your talking about intracompany analysis then it is the analysis of different aspects in one company. This is related to Accounting.
What is the 5 main function of accounting?
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
What are the accounting lifecycle?
The accounting lifecycle is the analysis and examination of a product's economical and environmental impact through its lifetime. This lifecycle is also known as Life Cycle Cost Accounting.
Why do accountant need accounting information?
To perform Financial Analysis on companies
What has the author Richard G Schroeder written?
Richard G. Schroeder has written: 'Survey of accounting' -- subject(s): Accounting 'Financial accounting theory and analysis' -- subject(s): Accounting, Problems, exercises
What skills does a cost analysis accountant need?
A cost analysis accountant should have no less than a Bachelor's Degree in Accounting and should also have no less than 3 years work experience in accounting.
What is the importance of ratio analysis in accounting?
Ratio analysis in accounting is used to evaluate a firm's activity and productivity, as well as its efficiency in using its assets to generate profits. It is also used by investors in evaluating investment decisions.
