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Its a proffessional qualifcation that allows an individual to understand a business from a unique perspective.
Wiki User
∙ 10y ago
Accounting is valuable because it provides vital information to stakeholders for decision-making, such as investors, creditors, and management. It helps in assessing a company's financial health, performance, and position. Additionally, it ensures compliance with regulatory requirements and standards, improving transparency and trust among stakeholders.
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How discipline related to teaching and learning?
Discipline plays a critical role in teaching and learning by helping to create a conducive environment for learning. Consistent discipline helps students understand boundaries and expectations, leading to better focus and engagement in the learning process. It also teaches valuable life skills such as self-control and responsibility, which are essential for academic success.
Is discipline the best method of teaching self-control?
Discipline can be a valuable tool in teaching self-control as it sets boundaries and expectations. However, a balanced approach that incorporates communication, positive reinforcement, and teaching coping strategies is often more effective in promoting long-term self-control and behavior regulation. Discipline should be used in conjunction with these other methods to foster a well-rounded development of self-control.
What are the deferences between accounting theory and IAS?
Accounting theory is a framework for understanding accounting principles and concepts, while IAS (International Accounting Standards) are specific guidelines and rules set by the International Accounting Standards Board for how financial statements should be prepared and presented. Accounting theory provides the foundation for accounting standards, including IAS, by guiding the development of principles and concepts used in accounting practice.
What is the importance of discipline in one's life?
Discipline helps to cultivate self-control, focus, and consistency in achieving goals. It also promotes a sense of responsibility and helps individuals stay motivated to overcome obstacles and challenges. Overall, discipline is key to personal growth and success in various aspects of life.
What is the history of accounting?
my friends told me that accounting is a kind of course.
Is football a valuable discipline?
Yes.
What makes budgetary accounting different from conventional accounting?
what makes budgetary accounting different from conventional accounting
Which is more valuable--an associate's degree in accounting or an associate's degree in finance?
What license applied for associate degree of accounting?
What is an example of an occupation where an accounting background is valuable?
Among occupations in which accounting training is perceived to be valuable are budget officers, lending officials in banks, securities advisers, financial analysts, Federal Bureau of Investigation agents, and financial managers in not-for-profit entities
How far back does accounting date in the US?
With the establishment of the first English colonies in America, accounting, or bookkeeping, as the discipline was referred to then, quickly assumed an important role in the development of American commerce.
What makes a good mercenary?
general training and good discipline
What is difference between accounting concept and accounting principles and convention?
Accounting concepts are essentially theories. Accounting principles are measures and processes that have proven to be successful when used. Conventions are beliefs within the discipline that help make things efficient.
What is the misprint on the penny that makes iut so valuable?
On the 1969 S penny a doubling of the print makes it very valuable ($35 000)
Give 10 reasons why gold is valuable?
It's scarcity is the only thing that makes it valuable.
Why do you need to know about accounting?
It makes you a more valueable employee
What element makes diamonds valuable?
It isn't the element (carbon) that makes a diamond valuable: it's the availability of the diamond allotrope of carbon, and its limited occurrence on earth.
What is special about the reactivity of gold that makes it so valuable?
There's nothing special about it. Gold is more or less nonreactive, but that's not a special property. What makes it valuable is its rarity, not its nonreactivity. Mercury is similarly nonreactive, but not nearly as valuable.
