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What statement best defines accounting and those parties who exploit it?
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Who are the parties interested by accounting data of business?
The parties that are interested by accounting data of business are Accountants and auditors.
What is the difference between What is the difference between financial accounting and management accounting?
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.
What is semantic approach in theory of accounting?
Semantic approach in theory of accounting is referring to data analysis and transmission of data between two parties either independently or corporately.
What is the difference between cost and managerial accounting?
The key difference between managerial and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization. Improvement: Cost account is a major area of managerial accounting. Cost is also a internal Issue.
The meaning of accounting standards?
Accounting as a "language of business" communication the financial results of an enterprise to various interested parties by means of financial statmetns which have to exhinit a "true and fair" view of its state of affairs. Accounting standards which seek to sugest rules and criteria of accounitng measurements, have to keep the set of rules, social needs, legal requirments and technological developmetns in view. Formulation of proper accounting standards, therefore is a vital step in developing accounting as a business lanuguage.
Who are the parties interested by accounting data of business?
The parties that are interested by accounting data of business are Accountants and auditors.
What ironic about Jordan statement comparing large and small parties?
Large parties are more personal.
What is the difference between What is the difference between financial accounting and management accounting?
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.
What method can third parties use to exploit system that is not implemented carefully?
A packet sniffer can intercept the cookie to obtain unrestricted access
What method can third parties use to exploit a cookie systemthat is not implemented carefully?
A packet sniffer can intercept the cookie to obtain unrestricted
What method can third parties use to exploit a cookie system that is not implemented carefully?
A packet sniffer can intercept the cookie to obtain unrestricted
What is semantic approach in theory of accounting?
Semantic approach in theory of accounting is referring to data analysis and transmission of data between two parties either independently or corporately.
What is ironic about jordans statement comparing large and small parties?
Large parties are more personal.
Can spouses financially exploit each other?
It would seem to me that, unless there is a prenuptial agreement, both parties would have equal rights to their joint assets.
What is the difference between cost accounting and financial accounting and what is the different between cost accounting and management accounting?
Cost accounting and managerial accounting are really the same thing. The key difference between managerial/cost and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization. cost is the amount of the expenditure. In cost accounting we can find cost of goods and services. financial accouts shows the profit and loss and balance sheet made during an accounting period, and also financial position of the business as on a particular date. cost accouting provides the management detailed information regarding cost of each product, services etc. Cost Accounting focuses on the costs of production and inventory valuations. Management Accounting produces internal financial reports and analysis prepared in such a way to assist managers in making decisions (such as expense reduction, capital investment, etc.). Financial Accounting produces financial reports in accordance with GAAP and legal guidelines and would generally be the format which is distributed externally for banks, investors, etc.
How is a non disclosure agreement an important tool for business?
It clearly defines for all parties exactly what information is to be considered confidential (apex)
What is an accounting organization?
Accounting is that system which help us for written the transection in systemeticaly way. accounting is the very useful system for remmedering the such transaction,with the help of accounting we know that what is the financial position of our company & firm. in the ancent time we done that kind transaction like exchanging the things between two parties without help of money but in that transaction we find some erorr in that transaction as follows-:(1) we have to need two parties in that transaction which parties are want to exchange their things with that party which thing they want . Accounting is very nescessary for recording their firm,company's transaction for knowing the financial position of the companyor firm . in accounting we have to follow the such rules for recording the such transaction in systemeticaly way as follows: (1) materaility concept (2) matching concept (3)money measurement concept (4) separate entity concept (5) accounting period concept
