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Ultimately, the Board of Directors decides how profits should be spent in a corporation.
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What is the difference between a financial accountant and a financial controller?
Accountant keeps track of business records, Controller decides where money should be spent.
What is the company's net profit?
A company's net profit is the gross profits (the money that has been received) minus the company's expenses (the money they have spent on operating such as wages, money spent for supplies, etc).
How do you spend state grants?
The money should be spent according to the conditions of the grant. The conditions are pretty specific about where the money should be spent.
What is the objective of a financial report by a non-profit?
When you think of a "not-profit" organization think of that a largely a taxing status, a designation for tax purposes. The only real differences between non-profits and for-profits is that non-profits can have access to courses of funds (government grants and other funds, foundation and trust funds, etc) which the for for-profits don't. And the non-profit exists for some good cause like provide counseling services or education and training or save the whales or whatever. Bottom line though is that non-profits largely have the same concerns as for-profits. They too need to pay the rent, utilities, pay its employees, insurance, etc. etc. Additionally, non-profits have a board of directors it needs to answer too. This board has the responsibility to ensure the money is being spent to provide the products or services the organization is intended to provide. In order to do that they have to have a budget and hence a financial report to track where the money is coming from and going to so they don't over spend, so they can keep their doors open.
A is a category on which income is spent?
Expenses
Who Decides How Profits Should Be Spent?
management
What are the reasons organization grows?
Mainly profits. If you're referring to a corporation and a company makes large profits and uses retained earnings (which aren't taxed like dividends) the company grows. Retained earnings are profits that are kept in the company and spent on expanding instead of giving the profits out in dividends. Many tech companies that have grown astronomically have done so through retained earnings.
What is the difference between a financial accountant and a financial controller?
Accountant keeps track of business records, Controller decides where money should be spent.
What is sales tax spent on?
Whatever the state legislature decides to spend it on.
Who decides how taxes are spent?
Central Board of Direct Taxes (CBDT) advises the Central Finance Minister
How much money is spent on advertising each year?
Millions of Pounds are spent on advertisings each year and dont forget every time someone decides to put their ad on they have to pay for it
What is the company's net profit?
A company's net profit is the gross profits (the money that has been received) minus the company's expenses (the money they have spent on operating such as wages, money spent for supplies, etc).
When did William Cavanaugh III join Entergy Corporation?
After leaving the navy in 1969 as a lieutenant commander, Cavanaugh joined the Mississippi-based Entergy Corporation, where he spent the next 23 years
How much time should you spent with family?
i spent my my money on biscuits
What did Sam Walton do with his profits?
Lets see, he spent some, invested some, saved some and gave some away. Does that answer the question....... what does anyone do with money?
Know about mafp enterprise in assam?
i have allready spent 2800 rupees in the name of MAFP- A Goodwill Corporation Unit!! Is it a Fake enterprise?
How should money be spent on the environment?
Money should be spent to take measures to protect the environment. This can be done by investing in renewable energies.
