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stewardship means that how carefully you take care of smthng.... stewardship accounting means that how we are taking care of our business which is shown in our accounts...... stewardship accounting was the root of accountancy...but now accountancy is a very very very broad concept, it not only means taking care of all the business system.....

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How do you use the word stewardship in a sentence?

Stewardship origionally referred to the duties of a household chief of staff. In the middle ages, it was common to have a Steward in charge of the running of the house while the master was away. He had great power, second only to the master in authority. Now it means most ordinarily, the wise management of assets not necessarily your own which was only part of the duties of the manor steward. "Andrew assumed stewardship of the accounting for the firm Grindle and Associates when the accounting firm was fired."


Whats the definition of stewardship?

the management and/or care for resources for which one has no ownership


What is cross-referencing in accounting?

Cross referencing in accounting refers to the practicing of adding to the related accounting information in another location. Accounting is usually referred to as the language of business.


What is community stewardship?

Community stewardship refers to the responsible management and care of community resources, including environmental, social, and economic assets. It involves individuals and groups actively participating in the preservation and enhancement of their community's well-being, fostering collaboration, and promoting sustainable practices. By engaging in stewardship, community members work together to address local challenges, build resilience, and create a sense of shared ownership and responsibility for their environment and society.


Why Accounting is a means to an end and not an end in itself?

I think the accounting statement indicates that accounting is merely a tool, or a means, for measuring and determining the state of a business. Accounting is not an end in and of itself. Accounting doesn't define a business' purpose or goal. It's strategy and financing of a business plan that is actually the main purpose.

Related Questions

How do you use the word stewardship in a sentence?

Stewardship origionally referred to the duties of a household chief of staff. In the middle ages, it was common to have a Steward in charge of the running of the house while the master was away. He had great power, second only to the master in authority. Now it means most ordinarily, the wise management of assets not necessarily your own which was only part of the duties of the manor steward. "Andrew assumed stewardship of the accounting for the firm Grindle and Associates when the accounting firm was fired."


What are synonyms of stewardship?

Some synonyms for stewardship include responsibility, caretaking, guardianship, and oversight.


What are the two types of stewardship?

The two types of stewardship are environmental stewardship and financial stewardship. Environmental stewardship involves responsibly managing and conserving natural resources. Financial stewardship involves effectively managing resources and finances to ensure sustainability and accountability.


Explain Stewardship accounting in emerging role of accounting?

In earlier times in history, wealthy people employed `stewards' to manage their property. These stewards rendered an account of their stewardship to their owners periodically. This notion lies at the root of financial reporting even today which essentially involves the orderly recording of business transactions, commonly known as 'book-keeping'. Indeed the accounting concepts and procedures, in use today for systematic recording of business transactions have their origin in the practices em-ployed by merchants in Italy during the 15th century. The Italian method which specifically began to be known as `double entry book-keeping' was adopted by other European countries during the 19th century. Stewardship accounting, in a sense, is associated with the need of business owners to keep records of their transactions, the property and tools they owned, debts they owed, and the debts others owed them.


What is the relationship between stewardship and homosexuality?

Stewardship refers to the responsible management and care of resources, including relationships and communities. There is no inherent connection between stewardship and homosexuality; individuals can practice stewardship regardless of their sexual orientation. The focus should be on promoting respect, compassion, and inclusivity towards all individuals, regardless of their background.


What has the author Richard Waddell written?

Richard Waddell has written: 'Stewardship' -- subject(s): Christian Stewardship, Church finance, Stewardship, Christian


What is the Greek word for Stewardship?

The Greek word for stewardship is "oikonomia" and refers to an administrator.


Can you give me an example of stewardship in a sentence?

The stewardship of the earth's resources is in the hands of mankind.


What is the population of Marine Stewardship Council?

Marine Stewardship Council's population is 100.


When was Marine Stewardship Council created?

Marine Stewardship Council was created in 1997.


What has the author L Maude Love written?

L. Maude Love has written: 'The Christian stewardship of abilities' -- subject(s): Christian Stewardship, Stewardship, Christian


What is the Tagalog word for stewardship?

Tagalog translation of stewardship: paninilbihan