0
What else can I help you with?
What are the three accounting period?
The time taken to perform a particular set of financial statements is called accounting period. It differs with various reports and company types. The major 3 accounting periods are as follows:CalenderPiscalNatural business
What the three broad areas of accounting?
1 - Cost accounting 2 - Financial accounting 3 - Management accounting
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
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
What is Solution to warren Reeves Financial and Managerial Accounting 9E Chapter 3 problem 3-3a?
managerial accounting is used internally instead of externally for investors
What are the three accounting period?
The time taken to perform a particular set of financial statements is called accounting period. It differs with various reports and company types. The major 3 accounting periods are as follows:CalenderPiscalNatural business
What are the branches of accounting?
Following are different branches of accounting:1- Cost Accounting2- Financial Accounting3- Management Accountingbranches of accounting are two:1-financial accounting2-management accounting(cost a/c & managerial a/c)
What the three broad areas of accounting?
1 - Cost accounting 2 - Financial accounting 3 - Management accounting
Differences and similarities between managerial accounting and Financial Accounting?
* Cost accounting relies on financial accounting information (unbiased, support material) * both are concerned with responsibility or stewardship to the organization: financial accounting has responsibility to the whole company while cost accounting is concerned with responsibility for parts (costs and revenues) * Both require accounting information that must be relevant, timely, and accurate.
What are the major categories of accounting?
Following are major categories of accounting: 1 - Cost accounting 2- Financial accounting 3 - management accounting
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
What are the 3 broad areas of accounting?
It is normally divided into three broad areas: auditing, financial/tax and management accounting.
What is Solution to warren Reeves Financial and Managerial Accounting 9E Chapter 3 problem 3-3a?
managerial accounting is used internally instead of externally for investors
What are 3 financial statement in accounting?
1 - Income Statement 2 - balance sheet 3 - Cash Flow Statement
Each what areas of accounting describe the application of substance over form 1 Group accounting 2 Financial non current asset 3 Measurement and disclosure of current assets?
The area of accounting that describes the application of substance over form is Financial non-current asset.
What has the author James E Evans written?
Tad Evans has written: '1820-1880 U.S. census of Telfair County, Georgia' -- subject(s): Registers of births, Genealogy, History '1920 U.S. census of Dodge County, Georgia' -- subject(s): Census, 1920, Registers of births, Genealogy '1910 U.S. Census of Dodge County, Georgia' -- subject(s): Census, 1910, Registers of births, Genealogy
Who are the user of accounting data?
Accounting is an information system which identifies records and communicates this information to the interest users in the form of financial statements. These financial statements are transferred to the users or decision makers for making informed accounting decision because an effective and well organized financial report encourage the decision makers to make greater decisions.These financial reports are transferred to the users in two forms-Internal Users -users of Accounting data1. Owners.-The owners provide funds for the operations of a business and they want to know whether their funds are being properly used or not. They need accounting information to know the profitability and the financial position of the concern in which they have invested their funds. The financial statements prepared form time to time from accounting records depicts them the profitability and the financial position.2. Management- Management is the art of getting work done through others, the management should ensure that the subordinates are doing work properly, Accounting information is an aid this respect because it helps a manager in appraising the performance of the subordinates.3. Employees- Employees are interested in the financial position of a concern they serve particularly when payment of bonus depends upon the size of the profits earned. They seek accounting information to know that the bonus being paid to them is correct.
