Want this question answered?
Explain why it's important to study public sector accounting.
Accounting Theory is defined as the study of methodologies and financial accounting principles. The Accounting Theory is continuously-evolving and changing.
They need accounting information to make a study and assess how accounting information affect business organisation.
Some may say that the study of financial accounting theory is a wate of time, however, when you logical think we need theory to help us to understand what is happening. If a company produce a financial report with all numbers etc, i doubt that we will all understand what is going on, that's why we have theories, this help to guide us as to what is actually happening. It helps all that is interested in the information to understand it more clearly though not every still understand the language of accounting.
No, You don't need to study accounting to prepare taxes. It will help if you seek this as a sort of job. The education is only needed for other practices.
it is important because accounting allow us to monitor the profit of the business
Explain why it's important to study public sector accounting.
Accounting use mathematics in order to interpret facts and figure. This requires some basic and intermediate knowledge of mathematic concept and theories.
Accounting Simplified is a website that aims to provide quality Financial Accounting study resources to students, professionals and others interested in learning the basics of accounting.
Accounting theory is the collection of methodologies used in the study and application of the different financial principles. It is important for an accounting student to know it because it is the basis for all future accounting studies.
Many students fail in accounting is due to the lack of interest for the subject. If you can develop the attachment or liking for the subject then it will be easier to score good marks. Simply, if there is low motivation towards the subject do not study this subject .
George E. Shute has written: 'Accounting students and abstract reasoning' -- subject(s): Accounting, Reasoning (Psychology), Study and teaching
Study guides are a useful tool in helping students prepare for an exam. The physical act of completing a study guide helps the students to remember important details they will need to know for the test. Keep in mind these basic tips when making a study guide for your students.
The study of laws of motion and forms of energy is called Physics. This is a very important study for students to learn.
The study of laws of motion and forms of energy is called Physics. This is a very important study for students to learn.
The study of laws of motion and forms of energy is called Physics. This is a very important study for students to learn.
The study of laws of motion and forms of energy is called Physics. This is a very important study for students to learn.