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Q: What is the Role of accounting information in accessing corporate performance?
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Specialized Accounting Fields?

Some specialized accounting fields include: tax accounting, corporate accounting and forensic accounting. Studying for these types of accounting position requires extra classes in college.


Meaning of social responsibility accounting?

Social accounting (also known as social and environmental accounting, corporate social reporting, corporate social responsibility reporting, non-financial reporting, oraccounting) is the process of communicating the social and environmental effects of organizations' economic actions to particular interest groups within society and to society at large.[1]Social accounting is commonly used in the context of business, or corporate social responsibility (CSR), although any organisation, including NGOs, charities, and government agencies may engage in social accounting.


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 is Pst payable accounting?

it is other taxes payable like hormonised sales tax. It is not Income Tax or corporate Tax.


Why does Accounting often intimidate people?

Many people find accounting difficult. They may have taken a course and had trouble in it. They may also know people who have studied for, and taken the notoriously difficult Certified Public Accounting exam. It has a typical pass rate between 40% and 50%. Certain areas of accounting, such as US Federal Income Taxes, and financial reporting for derivatives, are absurdly complex. Finally, when most people encounter accounting information, its either in their own tax returns and in corporate financial statements. Both are densely complex and difficult for non-accountants to understand.

Related questions

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 you mean by corporate accounting?

in corporate accounting we maintain the accounts of joint stock companies


Where do you find information about corporate accounting software that can be utilized for small to medium sized businesses?

Someone can find information about corporate accounting software that can be utilized for small to medium sized businesses from a number of websites such as Quick Books. The website Quick Books provides a number of accounting software solutions for businesses of various sizes.


What is an performance expectations gap in business?

It is the gap between expected corporate performance and actual corporate performance.


Where can one find information on a corporate profile?

The whole corporate profile provides information. It states the background and experience, business overview, and growth plans. It also helps to track performance.


What is mean by corporate accounting?

The earliest records showing some form of 'counting' were found in Mesopotamia , ... What Is Corporate Accounting,what Is It All About,it's Contents As A C..


What has the author David F Hawkins written?

David F. Hawkins has written: 'Accounting for leases' -- subject(s): Accounting, Leases 'Corporate financial disclosure, 1900-1933' -- subject(s): History, Law and legislation, United States, Financial statements, Disclosure of information, Corporations, Accounting 'Corporate financial reporting and analysis' -- subject(s): Corporation reports, Corporations, Accounting, Financial statements


What qualifications do you need to get a corporate governance job?

Most people who get a corporate governance job have business experience. You should also have knowledge and skills relating to risk management, accounting, communications, and information flows.


What is the role of accounting standards in corporate reporting?

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What has the author David F Larcker written?

David F. Larcker has written: 'Corporate governance matters' -- subject(s): Corporate governance 'Strategic decision processes and implications for the design of accounting information systems'


Specialized Accounting Fields?

Some specialized accounting fields include: tax accounting, corporate accounting and forensic accounting. Studying for these types of accounting position requires extra classes in college.


Is corporate accounting a good career choice?

Corporate accounting is a good career choice because people will always be looking for someone to hire to help them with their finances. Corporate accounting is also a good career choice because those who are skilled in the subjects of math and business will find it to be a very fulfilling and enjoyable career.