The nature and purpose of accounting
The purpose of Statements of Financial Accounting Concepts is to : A establish GAAP.
define and dicuss the purpose of accounting
The purpose of management or managerial accounting is to obtain financial information to help make business decisions. Another type of accounting is financial accounting.
The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.
The purpose of accounting in the society is very simple. People need to keep track of money so that they know if they have money to spend.
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.
The International Accounting Standards Board (IASB) was founded in 2001. The purpose of this 15 member organization is to set United States accounting standards.
The International Accounting Standards Board is a new accounting standard. Its purpose is to become the global standard of accounting. It has not been fully adopted yet.
The purpose of a public sector is to give service to the customers
The main purpose of cost accounting is to provide mangement with financial information necessary
expenditure in GNP accounting
what is the primary purpose of accounting
The purpose of an audit is to add credibility to the financial statements of a business organization.To give credence to the accounting records, accounting polices and financial statements of an audit client.
accounting is the measurement tool used to record financial status of any financial transactions
The green accounting deals with bankers opening new account for the purpose of money transactions.
Accounting is a system of maintaining records of a companies operations and communicating that information to decision makers.
Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
idenfying measuring recording classifying summarizing
To reduce government spending
provide a method of spending money wisely.
Microsoft Excel can be used for accounting. Any thing that has maths could be used in Microsoft Excel.
Financial accounting is used for external financial reporting purpose only while cost accounting is used for internal decision making and management in company.
Financial accounting refers to accounting refers to accounting for revenues, expenses, assets, and liabilities. It involves the basic accounting processes of recording, classifying, and summarizing transactions. - Cost accounting is the branch of accounting dealing with the recording, classification, allocation, and reporting of current and prospective costs. - Managerial accounting is the branch of accounting designed to provide information to various management levels in the hospitality operation for the purpose of enhancing controls.