Information computer technology, or ICT, is a common method for conducting accounting services. The relevance of ICT to accounting is the capabilities it offers. Users are able to increase their accuracy, speed up their service delivery, and share important accounting data across many platforms.
for recording trasaction
state three relevance itc in banking sector
The most important of the accounting is to comply with generally accepted accounting principles and standards and norms that conducted by accounting organizations. Accounting must have qualities characteristics. With these characteristics, it will be useful to users. Example for characteristics: relevance, reliability and comparability
1 Relevance 2 Reliability 3 Comparability 4 Understandability
it can reveal any nip slips on any of the accountants. also helps with the blood sausage.
for recording trasaction
state three relevance itc in banking sector
relevance of cost & management accounting in the current global economic melt down situation.
The relevance of Indian accounting standards in IT firms is that it helps in business computations. This will be used to measure the profits of IT firms and keep proper records among other things.
A composite accounting system is an integrated ICT system. This is used by drawing and disbursing officers in administrative positions.
Relevance, comparability and understandability.
The most important of the accounting is to comply with generally accepted accounting principles and standards and norms that conducted by accounting organizations. Accounting must have qualities characteristics. With these characteristics, it will be useful to users. Example for characteristics: relevance, reliability and comparability
The accounting transactions are recorded at a faster speed than in manual accounting systems,thus, more of information can be recorded in same time that it would have been done manually
1 Relevance 2 Reliability 3 Comparability 4 Understandability
it can reveal any nip slips on any of the accountants. also helps with the blood sausage.
1. Timeliness 2. Understandability 3. Reliability.4 Completeness. 5. Comparability. 6. Relevance
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