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Why does accounting profession adopt and follow agreed accounting concepts and standards?
The main reason this is done is so there is some level of comparability between companies. There are many different ways that companies could account for different things such as inventory expenses, revenue recognition, leases, assets, etc. Having a set of standards makes it slightly easier to understand what a firm is doing, by limiting what they are allowed to do, conceptually speaking.
Why do entrepreneur need accounting information?
Entrepreneurs need to have accounting and financial information to determine the feasibility of their business. It is also important to know if what you are doing is profitable .
What are the entry level jobs in accounting?
There are a lot of area that you can look for work when you are doing a search for accounting jobs. You will want to search; accounting, entry-level, finance, tax, marketing, business and different sections like that.
What happens to the Accumulated Deficit of acquired company prior to acquisition date?
it depends on who is doing the accounting
What do you need to start an accounting firm?
to start at an accounting firm you generally need a college degree with at least 15 upper level accounting hours. you can start out doing general bookwork, taxes, or cpa level work. pay varies accordingly. advice? get accounting degree and cpa, go work for public accounting firm and you can write your own ticket.
What would you enjoy about doing in accounting position?
What would you enjoy about doing in accounting positionRead more: What_would_you_enjoy_about_doing_in_accounting_position
What are archaeologists called?
Archaeology is a profession, the people doing this profession have the names their parents gave them.
What does peachtee accounting software do?
Peachetee accounting software doing for maintaining all types of accounting records.
What is the best profession after doing fsc with pre medical if you do not get admission in medical?
i think best profession after fsc is bsc and then CSS
Did a BCA graduate get any job in accounting field?
yes BCA Graduate can get jobs in Accounting field by doing courses in Tally accounting and Industrial Accounting.
What have you resolve to start doing and stop doing as you embrace teaching as your vocation mission and profession?
cardio
Cash accounting basis?
doing business in cash
What were people doing at the beginning of the civil war as a profession?
Farming?
What high expectation did Miranda's father have of Miranda?
The high expectation is that he wants her to have a happy life but the good way being responsible and taking care of herself as well as she is doing it now.
What will be the job after doing accounting in MBA?
MBA with specialization in accounting have following jobsaccount managersfinancial managercost accountantfinanceinvestment advisory
What did Gandhi end up doing as a profession?
i think he was praying to his god
What kind of job will an associates in accounting get?
You could get a clerical job in an accounting department - perhaps doing Accounts Payable or Payroll.
