Accounting is believed to have been originated and developed by the MERCHANTS OF VENICE.
In the United States, the main accounting professional bodies include the American Institute of Certified Public Accountants (AICPA), which sets ethical standards and provides certification for CPAs, and the Financial Accounting Standards Board (FASB), responsible for establishing accounting standards. Additionally, the Institute of Management Accountants (IMA) focuses on management accounting and offers the Certified Management Accountant (CMA) designation. Each of these organizations plays a crucial role in the development and regulation of the accounting profession in the country.
Define 'Accounting' Distinguish between Financial Accounting and Management Accounting
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
what are the accounting areas governing accounting profession
personal accounting nominal accounting real accounting
In some accounting methods, a monetary loss was recorded in RED ink- so when you made more money that you owed, you stopped recording numbers in red in, and were "in the black" ink.
The Accounting Principles are the assenition rules of accounting and the application of these rules, method & procedures to actual practice of accounting. These Accounting principles have been divided into a. accounting concepts b. accounting conventions.
real accounting, nominal accounting,personal accounting
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
what is the difference between manual accounting and tally accounting?
the difference between accounting nations and accounting commerce
Management accounting starts where financial accounting ends