Looolss hahahaha
They need accounting information to make a study and assess how accounting information affect business organisation.
There are various importance of accounting information to a business entity. Getting to know what an accounting information is and the importance (need) of it is a great step to improving one's capital base, both from the finance aspect to the resources (raw materials) an organisation uses in carrying out its objectives. An accounting information is simply the data which an organisation/business entity is able to make known to its users. It should be taken note that these users of accounting are of various sections - to which a business entity is one of. A business entity will require an accounting information so as to enable it manage and control its finances and resources. It also needs it for it to be able to improve on its level of profit earning, should it realises it is declining in its profitability level. It also needs to for it know the differences between its marginal liability and its marginal assets. There are so many importance of a business information to a business enterprise, but the little I've been able to highlight above are some of the vital needs of an organisation's need of an accounting information. Thank you.
management accounting is needed to know the financial condition of the business .it reports to those inside the organisation for planning ,directing,motivating,controlling and performance evaluation. it gives special emphasis on decision affecting the future.
accounting ratio help management to predict the further income or the improvement in expenditure of an organisation. it guards management making the budget of the organisation.
The most important experience to have if setting up an accounting business is experience in different aspects of accounting such as tax, purchase ledger and sales ledger. Experience of accounting software is also very useful.
They need accounting information to make a study and assess how accounting information affect business organisation.
it is important because accounting allow us to monitor the profit of the business
There are various importance of accounting information to a business entity. Getting to know what an accounting information is and the importance (need) of it is a great step to improving one's capital base, both from the finance aspect to the resources (raw materials) an organisation uses in carrying out its objectives. An accounting information is simply the data which an organisation/business entity is able to make known to its users. It should be taken note that these users of accounting are of various sections - to which a business entity is one of. A business entity will require an accounting information so as to enable it manage and control its finances and resources. It also needs it for it to be able to improve on its level of profit earning, should it realises it is declining in its profitability level. It also needs to for it know the differences between its marginal liability and its marginal assets. There are so many importance of a business information to a business enterprise, but the little I've been able to highlight above are some of the vital needs of an organisation's need of an accounting information. Thank you.
financial accounting and cost accounting
management accounting is needed to know the financial condition of the business .it reports to those inside the organisation for planning ,directing,motivating,controlling and performance evaluation. it gives special emphasis on decision affecting the future.
We need accounting because it's the only way for business's to grow and flourish. Accounting is the backbone of the business financial world. Accounting was created in response to the development of trade and commerce during the medieval times. We need accounting because it's the only way for business's to grow and flourish. Accounting is the backbone of the business financial world. Accounting was created in response to the development of trade and commerce during the medieval times.
Accounting is important because it records the day to day financial activities of a business. It is basis for all financial statement and earnings reports of a company. Most companies today follow Generally Accepted Accounting Principles (GAAP).
Teri bhen di cd!!
BBA stands for Bachelors of Business Administration.
Because a business is all about money and management of money can only be done through accounting and not otherwise.
sir i have a question that.. why we need accounting in business or what is the need of accounting in business
accounting ratio help management to predict the further income or the improvement in expenditure of an organisation. it guards management making the budget of the organisation.