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What is an accounting framework?
an accounting frame work is general frame of references for a specific area of acounting
What type of services does the company Trust Accounting offer?
The company Trust Accounting does not exist. Trust accounting is a term describing a certain type of accounting. There is special software that will aid in the trust accounting process.
Why does accounting exist?
Accounting exists to report financial numbers of a business to external users like creditors, shareholders, and suppliers.
Is there significant differences exist between accounting standards issued by the fasb and the iasb?
no
Why is Cost accounting a subset of management accounting?
The main purpose of cost accounting is to provide management with financial information necessary to make business decisions. Cost accounting focuses mainly around cost variances, budget analysis, etc. Financial accounting on the other hand ensures that information being reported to outside investors/users is accurate and in compliance with a given financial reporting framework. Hope this helps...
Benefits of Conceptual framework in accounting?
advantages of conceptual framework in accounting
What is an accounting framework?
an accounting frame work is general frame of references for a specific area of acounting
In accounting what does conceptual framework mean?
The Conceptual Framework has been described as a constitution, a coherent system of interrelated objectives and fundamentals that can lead to consistent standards and that prescribe the nature, function, and limit of financial accounting and reporting.- Intermediate accounting , Sixth EditionBySpicelandSepeNelson
What is the framework of accounting principles?
Depending on where you live, Accounting principles will be set as a standard by your local or state accounting regulator. See the related links for more information.
What is a chart of account in accounting?
It does not exist
What has the author Robertine Chaderton written?
Robertine Chaderton has written: 'The regulatory framework of accounting in Barbados' -- subject(s): Accounting, Standards
What has the author Richard Macve written?
Richard Macve has written: 'A conceptual framework for financial accounting and reporting' -- subject(s): Accounting, Standards, Financial statements
What type of services does the company Trust Accounting offer?
The company Trust Accounting does not exist. Trust accounting is a term describing a certain type of accounting. There is special software that will aid in the trust accounting process.
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.
Explain the Scope of Management Accounting?
Management accounting helps managers determine where their departments can be improved. Accounting reports help managers know what weaknesses exist in their processes.
What has the author Athula Naranpanawa written?
Athula Naranpanawa has written: 'A framework for social accounting matrices (SAMs) for Sri Lanka' -- subject(s): Mathematical models, Social accounting, Equilibrium (Economics), Economic conditions, Accounting, National income
Why does accounting exist?
Accounting exists to report financial numbers of a business to external users like creditors, shareholders, and suppliers.
