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Who invented debit and credit rules in accounting?
Luca Pacoli - Father of Modern Accounting
Need and importance of computerized financial accounting?
1)Computerized Financial Accounting Increases Company Efficiency2) Computerized Financial Accounting Caters For Several Procedures3)
Which of the following is the most appropriate and modern definition of accounting?
The information system that identifies, records, and communicates the economic events of an organization to interested users.
Discuss the role of accounting in modern business.?
Accounting is the process of recording and summarizing financial transactions. It also includes the preparation of balance sheets, income statements, and other reports that are used to maintain accountability in a business organization. Accounting provides an accurate summary of all aspects of a company's finances so that managers can make informed decisions about how much money they need to borrow or spend in order to keep their business running smoothly. Accountants help businesses by providing information on what has been spent and earned, as well as any. Get Link: Norwayoffice.biz
What is the importance of managerial accounting in a modern business organization?
All organizations depend upon group efforts. Management is required wherever two or more people work together to achieve com­mon objectives. Competent mana­gerial leadership alone can convert the disorganized resources of men, money, materials and machinery into a productive enterprise. In the absence of management, an organization is merely a collection of men, money, materials and machinery.
What has the author John Leslie Livingstone written?
John Leslie Livingstone has written: 'Financial accounting' -- subject(s): Accounting 'Modern accounting systems' -- subject(s): Accounting
Is information technology as vital to modern global business as money Why or why not describe the capabilities expected of information systems in modern organizations?
rakesh6397@yahoo.com
Describe the capabilities expected of information systems in modern organizations?
Information systems are expected to be robust. They are expected to handle a lot of information in a short amount of time.
Importance of database for modern organizations?
The importance of the database for modern organizations is that it helps in the management of information. The modern organizations need to manage information about the potential donors, their clients, their staff and attendees.
Historical background of accounting?
Accounting, a system of recording business transactions, dates back 3300 BC. Early recordings were found in Egypt and Mesopotamia on clay tablets. Italians of the Renaissance are fathers of modern-day accounting. Benedetto Cotrugli invented the double-entry ledger. In 1854, the first professional organizations for accountants was established in Scotland.
How information system helpful in finance department?
hey its a beautiful question arises in most of the minds nowadays information system plays vital role in finance department. To make the jobs simpler a new technology has been introduced which is called AIS. AIS is mostly used in all finance departments. Accounting Information Systems (AISs) combine the study and practice of accounting with the design, implementation, and monitoring of information systems. Such systems use modern information technology resources together with traditional accounting controls and methods to provide users the financial information necessary to manage their organizations. If you would like to know more about AIS refer to http://www.writequery.blogspot.com If you need anymore information about this you can write to writequery@gmail.com
Who invented debit and credit rules in accounting?
Luca Pacoli - Father of Modern Accounting
Explain the concept of social responsibility accounting?
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
What has the author G A Lee written?
G. A. Lee has written: 'Modern financial accounting student manual' -- subject(s): Accounting, Problems, exercises 'Solutions manual for Modern financial accounting' -- subject(s): Accounting
Need and importance of computerized financial accounting?
1)Computerized Financial Accounting Increases Company Efficiency2) Computerized Financial Accounting Caters For Several Procedures3)
Definition of computerised accounting?
computerized accounting is method of accounting using modern accounting technology .it will reduce the problems in manual accounting and help to save time cost ,prepare accurate accounts and also help to easy communication of accounts.
What are the significant impacts of the modern theories of management in relation to systemising conditions of work in modern organisations today?
Modern theories of management, such as systems theory and contingency theory, have significantly impacted the structuring of work conditions in contemporary organizations by emphasizing adaptability and interconnectivity. These theories encourage organizations to view themselves as complex systems where various components must work in harmony, leading to more efficient processes and improved communication. Additionally, they promote flexibility in management practices, allowing organizations to tailor their approaches based on specific situational factors, thus enhancing overall productivity and employee satisfaction. This systematic approach fosters innovation and responsiveness to changing market demands.
