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Practice and body of knowledge concerned primarily with
methods for recording transactions,
keeping financial records,
performing internal audits,
reporting and analyzing financial information to the management, and
advising on taxation matters.
It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity. Accounting provides information on the
resources available to a firm,
the means employed to finance those resources, and
the results ...
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What is the chief accounting officer of a business called?
The chief accounting officer of a business is also called the controller.
Explan the term accounting cycle why is it called cycle?
accounting is the systematic representation
What is the accounting department of the Treasury called?
exchequer
The area of accounting that provides managers of an organization with information they need to make decisions is called?
managerial accounting
What is the head of an accounting department called?
Chief accountant
What is the chief accounting officer of a business called?
The chief accounting officer of a business is also called the controller.
Explan the term accounting cycle why is it called cycle?
accounting is the systematic representation
What is computered accounting system?
When accounting procedures and accounting reports are maintained by using computers then it is called computerized accounting system like, peachtree, quickbooks, oracle financial etc.
A common set of accounting standards and procedures are called?
GAAP - Generally Accepted Accounting Principles
What is the accounting department of the Treasury called?
exchequer
The area of accounting that provides managers of an organization with information they need to make decisions is called?
managerial accounting
Where could one find information regarding the software called Peach Tree Accounting?
There are many places where one can find information regarding the software called Peach Tree Accounting. One can find information regarding the software called Peach Tree Accounting at popular on the web sources such as BVS Reviews and Journal of Accounting.
What is the Sri Lanka accounting standred?
Its called SLAS (Sri Lanka Accounting Standards) You can find more info at http://www.icasrilanka.com/Technical/Accounting%20Standards.html
What is the sri lankan accounting standard?
Its called SLAS (Sri Lanka Accounting Standards) You can find more info at http://www.icasrilanka.com/Technical/Accounting%20Standards.html
What is Managerial accounting?
Managerial accounting is different to financial accounting because it is the one called cost accounting. It is the process in which it is needed to identify, measure, analyze, interpret and communicate with information to pursue the goals of an organization.
What is the head of an accounting department called?
Chief accountant
What are accounting rules called?
The accounting rules are called the 'golden rules of accounting' ie debit what comes in and credit wht goes out debit the receiver and credit the giver debit all expenses and loss and credit all incomes and gains.
