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Who are the parties interested in the accounting data of the bussinessWhy they interested with these data?
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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 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.
Why direct and indirect users of accounting interested in the data?
to know the business performance. to consider whether to invest or not
What is Financial accounting data?
what is financial accounting?
What is the flow of data in a computerized accounting information system?
what is the flow of data in a computerized accounting information system
Who are the parties interested by accounting data of business?
The parties that are interested by accounting data of business are Accountants and auditors.
Who are the parties interested in the accounting data?
Usually the accounting department is the main department that looks at the accounting data. Depending on the size of the organization the amount of people looking at the data will vary. Of course, the IRS will be interested into the accounting data. Payroll will be interested in the date. The CEOs or top leaders will be interested in this date. Marketing will sometimes be interested in sections of the data. It all varies depending on the size and structure of the organization.
Why must accounting data be classified and summarized?
This is the whole purpose of accounting. Data and financial information needs to be classified, summarized, recorded, interpreted and communicated to owners, managers and other interested parties, to make sure all the bookkeeping is lined up and being sent to the right places.
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.
Why direct and indirect users of accounting interested in the data?
to know the business performance. to consider whether to invest or not
What is Financial accounting data?
what is financial accounting?
How does cost accounting connect with financial accounting and management accounting?
Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.
What is the flow of data in a computerized accounting information system?
what is the flow of data in a computerized accounting information system
The flow of data in a computerized accounting information system is?
what is the flow of data in a computerized accounting information system
Distinguish between cost accounting and financial accounting?
Financial accounting is the process of preparing financial statements using data and figures. Cost accounting is similar but you look for alternative ways to figure these figures and data.
What is accountability data?
what is financial accounting?
How accounting provide relevant data?
Accounting provides the business with data such as debt, growth of the company and the effect of added investment. Accounting data can allow the decision makers in a company to make decisions that will not endanger the financial direction of the company.
