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What ethical issues might accounting professionals face in dealing with confidential information?
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What is meant by consistency when discussing financial accounting information?
Basic accounting concept that once an accounting method is adopted, it should be followed consistently from one accounting period to the next. If, for any reason, the accounting method is changed, a full disclosure of the change and an explanation of its effects on the items of the financial statements must be given in the accompanying notes (footnotes). One of the duties of an auditor is to make sure the consistency principle is being followed because, otherwise, any change might make interpretation of the financial data a futile exercise. Also called consistency concept. See also accounting concepts.
What are dis-advantages of computerised accounting information system?
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
What are some managerment decision that might be based on accounting information?
Making the decision to layoff employees because business has slowed down, the accounting information would show decreased revenues when compareed to prior periods, to protect the bottom line you'd want to cut expenses. The decision to discontinue a product or line of service.
Why do people choose accounting as their career?
People might choose accounting as their career because they enjoy numbers or like keeping track of numbers. They might also choose accounting as a career because they want to help people to save money.
Where might one learn more information on how to refinance home equity?
One can learn more information on how to refinance home equity on various online sites. Some online sites like BankOfAmerica, BankRate, and CapitalOne provide information on refinancing home equity.
What ethical issues might accounting professionals face in dealing with confidential information?
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How might the way you run your business be changed by financial information?
production what is accounting equation
What is meant by consistency when discussing financial accounting information?
Basic accounting concept that once an accounting method is adopted, it should be followed consistently from one accounting period to the next. If, for any reason, the accounting method is changed, a full disclosure of the change and an explanation of its effects on the items of the financial statements must be given in the accompanying notes (footnotes). One of the duties of an auditor is to make sure the consistency principle is being followed because, otherwise, any change might make interpretation of the financial data a futile exercise. Also called consistency concept. See also accounting concepts.
What are some management decisions that might be based on accounting information?
can make compare financial performance
Which websites carry details on equity loans?
Information on equity loans can be found on website of individual institutions where you might also be able to see the offers they are willing to provide for your services.
What is an interest?
An equity interest is a proportion of ownership, typically via investment in a business. Stocks are also known as equities. Also, there is an accounting concept called owner's equity. One person might own 90% of a business, and the other 10%. Note that bonds represent cooperation debt, while stocks represent ownership or equity interest.
Where might a person find information regarding equity rates?
For financial issues like home equity rates, there are many sites available that provide basic information to people curious about them. A great example is Lending Tree, which goes into detail about the rates for home equity, mortgages, and other pertinent real estate and financial data.
How can I find information about a Texas home equity loan?
Many resources are out the in finding information on a Texas home equity loan. Your best resource would be to search the web for this loan, or go to any bank in Texas, and a loan officer should be able to answer any question you might have.
Where can one get the best home equity rates online?
There are a lot of places in order for one to get good home equity rates online. However, one might want to check out the website bank rate to have a lot of information.
What are dis-advantages of computerised accounting information system?
The disadvantages are that if you don't save it correctly you might loose all of the accounts and remember to expand on this
What is an example of fraud committed by a business?
A business might partake in fraudulent activities by manipulating or misrepresenting business accounting records, profit information, sales data, or other pertinent financial information.
