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Discuss the various factor influencing the accounting environment in a country?
The variation in accounting disclosure and reporting practices.
Why do users of accounting information need accounting information?
External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies with one another.Internal users of accounting (mostly managers) use internal accounting information in order to plan for the future.Therefore accounting information is not only vital to the one's individual business or investments but is also of great benefit to the wider society and the world at large. In addition to which this will allow each country to organize their funds in a more systematic approach as such making room for development of one's country and the upward social mobility of the people of that specifis country. In all simplicity, accounting information prepares us for the future.
What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
Why do accounting systems of different countries differ?
Accounting systems of different countries differ because accounting is shaped by the environment in which it operates. Each country's accounting system has evolved in response to the local demands for accounting information. Because of globalization of capital markets, the lack of comparability has become a problem as transnational financing and transnational investments have grown rapidly in recent decades. Due to the lack of comparability, a firm may have to explain to investors why its financial position looks very different on financial reports that are based on different accounting practices.
Which Canadian organization is responsible for setting generally accepted accounting principles?
The Canadian Accounting Standards Board (AcSB) is the organization responsible for setting generally accepted accounting principles (GAAP) in Canada. It establishes accounting standards for both private and public enterprises, ensuring they align with international standards where applicable. The AcSB aims to enhance the relevance, reliability, and comparability of financial reporting in the country.
How they succes?
who???
When did FC Real-Succes end?
FC Real-Succes ended in 2009.
When was FC Real-Succes created?
FC Real-Succes was created in 2008.
What is accounting nationalism?
Accounting nationalism is a situation where by each country has a national sovereinty †☺ establish her own accounting rules and policies.
What are the accounting values in Australia?
Please visit the Web site of the Australian Accounting Standards Board to review the accounting values for the country/continent.
Discuss the various factor influencing the accounting environment in a country?
The variation in accounting disclosure and reporting practices.
What are GAAP Financial statements?
Generally Accepted Accounting Principles. These are a framework of guidelines for financial accounting. The GAAP in each country differs and the standards are shaped by the relevant country company law and governed by an accounting standards board.
What is the antonym of failure?
succes
Where can one find reviews of accounting software?
Reviews of accounting software from findaccountingsoftware website, or from accountingsoftwaresuccess website. Each country has their own site for reviews of accounting softwares.
Succes of the reconstruction?
i like trains:D
What is the Italian word for succes?
Successo.
Why reconstruction was a succes?
Um, it wasn't.
