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What are the differences between Indian accounting standards and U.S. accounting standards?
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
What are the Challenges of a computerized accounting system?
Two major challenges of a computerized accounting system are data loss and fraud. An increase threat of viruses, hackers stealing data, and power failures are a constant challenge. Creating systems to control who has access to information and accounting data is important to prevent fraud.
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 three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
What is the major problem in cost accounting?
The major problem in cost accounting is allocation of common and joint costs to individual products.
Challenges in global operations?
Major barriers and challenges include cultural understanding, legal issues, languages, resources and political.
What are the differences between Indian accounting standards and U.S. accounting standards?
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
What are the Challenges of a computerized accounting system?
Two major challenges of a computerized accounting system are data loss and fraud. An increase threat of viruses, hackers stealing data, and power failures are a constant challenge. Creating systems to control who has access to information and accounting data is important to prevent fraud.
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 five major kinds of drivers that are leading international firms to the globalization of there operations?
Five major kinds of drivers, all based on change, are leading international firms to the globalization of their operations: (1) political, (2) technological, (3) market, (4) cost, and (5) competitive.
What major do you take to get a 4 year degree in accounting?
Your major would be accounting.
What are the deferences between accounting theory and IAS?
Accounting theory is a framework for understanding accounting principles and concepts, while IAS (International Accounting Standards) are specific guidelines and rules set by the International Accounting Standards Board for how financial statements should be prepared and presented. Accounting theory provides the foundation for accounting standards, including IAS, by guiding the development of principles and concepts used in accounting practice.
Who are the major users of accounting?
The GAO : Government Accounting Office for one ,
What are the three major business activities in which accountants play a major role?
Financial Accounting, Managerial Accounting, and Auditing.
What is the major problem in cost accounting?
The major problem in cost accounting is allocation of common and joint costs to individual products.
What are some of the major challenges confronting the international trading system?
One major challenge confronting the international trading system is the cost of money. The value of money fluctuates on a regular basis; therefore, many people may lose money based on these fluctuations.
Why have the major acounting firm become international?
The major accounting firms have become international because people trust their work and CPA's. Additionally, a lot of these firms offer many perks to employees, which cause them to be rated high on the list of places to work for. Good quality work, increases the chances of a company going international to provide services elsewhere.
