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With a bachelor's degree in Information Systems and interested in accounting should consider second bachelor's degree or a master's degree?
Wiki User
∙ 14y ago
If you are really interested, can afford it and also think that the job you will have has a lot of competition, then go for it.
Wiki User
∙ 14y ago
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Why direct and indirect users of accounting interested in the data?
to know the business performance. to consider whether to invest or not
Why do you consider accounting as language of business?
Accounting information helps us to throw light on the overall functioning of the business. With the help of Accounting we gets indepth analysis about the businesses financial position
What are the weaknesses in the accounting environment?
identify Weaknesses and potential for improvements to the accounting system and consider their impact on the operation of the organization
What is the relationship between accounting and economics?
Relation between Accounting and Economics. Accounting and economics relates to each other in the way that both of them consider the effective and efficient use of resources, particularly when they are scare, and also maximizing the wealth. However, Accounting is the activity which provide information to the owner of the business firm, effective and efficient use of resources and maximization of the wealth of the owner of the firm, While economics does all the activities for the nation and not for an individual.
What subjects should you consider?
Your religion Your family What you're interested in
Advantages and disadvantages of Accounting Rate of Return - ARR?
Advantages include: it is based on accounting information, so no other special reports are required, it is easy to calculate and simple to understand, and based on accounting profit thus measures the profitability of investment. While disadvantages include: ignores the time value of money, ignores the cash flow from investment and does not consider terminal value of the project.
What are the steps involved in developing accounting information systems?
The system of collecting and processing transaction data and disseminating financial information to interested parties is known as the accounting information system. It includes each of the steps in the accounting cycle that you have studied in earlier chapters, the documents that provide evidence of the transactions and events, and the records, trial balances, work sheets, and financial statements that result. An accounting information system may be either manual or electronic. To have an efficient and effective accounting information system (hereafter referred to simply as the accounting system), certain basic principles must be followed. These principles are: 1. Cost awareness. The system must be cost effective: the benefits obtained from the information disseminated must outweigh the cost of providing it. For example, the value of each accounting report should be at least equal to the cost of producing it. 2. Useful output. To be useful, information must be understandable, relevant, reliable, timely, and accurate. Designers of accounting systems must consider the needs and knowledge of various users so that the system's output (reports and statements) will be useful to them. For example, sales managers may need weekly reports of sales, and factory supervisors may need daily reports of production. Others with differing responsibilities (such as vice-presidents) may need such reports only monthly or quarterly. 3. Flexibility. The accounting system should be able to accommodate a variety of users and changing information needs. The business environment changes as a result of technological advances, organizational growth, increased competition, government regulation, or changes in accounting principles, when it does, the accounting system should be sufficiently flexible to meet the resulting changes in the demands made upon it. If the accounting system is cost effective, provides useful output, and has the flexibility to meet future needs, it can provide a valuable service and make a major contribution to both individual and organizational goals.
What is furniture in accounting terms?
In accounting terms furniture can be consider according to fixed assets, all furniture which can be used for business purpose like Almira, table etc
Why accounting is inseparable from business?
CAusE iF YOU Go in otHER CounTRiEs HAs A laRge cummunicated bussiness, we consider this its inseparable
Can you go to law school with BS HRM?
Law schools like to have a variety of degrees in their entering classes. They will consider any bachelors degree.
What are some of the things that management accounting systems can do?
organizational planning, monitoring, and control for a variety of activities. Such systems allow all managerial levels to have access to prompt reporting and statistical analysis. The systems are used to gather information to consider alternative
Branch of accounting?
For information, accounting field could be divided into a few branches which is as follows:- i) Management Accounting ii)Financial Accounting iii) Taxation iv) Auditing Management Accounting is consider a future prediction on the business cost which will be useful for the management (internal users) to make their decision, projection, planning and control their business activity. The example of the M.A reporting consist of Sales Budget Report, Projection P & L for the year, Monthly Performance Review Report, etc. The format is not standardised from one business to another and it will be more depnding to the need and requirement of the company. Sought for better input from the rest...
