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Two main arguments of regulated accounting lend to cost control of the industry. Having a wider pool of choices for Accountants, this controls costs and keeps small business from having to go to larger and more expensive accountants. Also, less regulation and ease of entering the accounting field helps accounting firms keep their compliance costs down.

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What does SAICA stand for?

SAICA stands for the South African Institute of Chartered Accountants. It is a professional body in South Africa that represents chartered accountants and promotes the accounting profession. SAICA provides education, training, and support to its members while ensuring adherence to high ethical and professional standards.


Why is accounting a service industry?

because it provides support but no tangible goods


What is the importance of accounting theory?

Accounting theory is very important in helping people to understand the basis and policies in accounting. From understanding the rules of GAAP to exploring the origins of accounting, being a good accountant involves understanding the theories that support the practice.


How is accounting data used to make business decisions?

utilize accounting data as .... basis for making business decisions ... Accounting is used to help corporations make economically useful decisions. ... that support the business functions of accounting, financing, marketing . ... The two that we deal with decisions made regarding accounting practices and . ...


Is used to provide separate accounting and reporting for costs incurred during an emergency or in support?

The term you are looking for is "emergency management accounting" or "disaster accounting." This specialized accounting framework is employed to track and report costs associated with emergencies, disasters, or specific support activities. It allows organizations to maintain transparency and accountability for expenditures, ensuring that resources are allocated effectively during crises. This separate accounting helps in assessing the financial impact and securing funding for recovery efforts.

Related Questions

What does ifac mean?

IFAC stands for the International Federation of Accountants, which is a global organization that represents the accounting profession. Established in 1977, its mission is to promote international standards and improve the quality of financial reporting and auditing worldwide. IFAC works to support the development of the accounting profession and ensure that it meets the needs of the public interest.


What does the body in a political speech do?

to give the details or arguments that support the main idea


How do people create inductive arguments?

People create inductive arguments by organizing the strongest possible support for a contention. Inductive arguments do not offer absolute proof, but they offer evidence in support of a point that cannot be proven through deductive reasoning.


How do you plan to support your thesis with compelling arguments and counterarguments?

thesis


Writing that uses support for claims and arguments is what?

more credible


Why do writer's use evidence in their writing?

They use evidence to support their arguments.


What accounting software do you support?

We support all Quickbooks products, Xero and many different Point of Sale software products that interface with the accounting software. We have QuickBooks ProAdvisors on staff.


Observations that are collected and which support or suggest a conclusion are known as?

Inductive arguments


Observations that are collected and which support or suggest a conclusion, are known as?

Inductive arguments


What was the phrase the colonists used to support their arguments?

"No taxation without representation"


Does the matching concept support accrual accounting principles?

yes


What are observations that are collected and which support or suggest a conclusion are known as?

Inductive arguments