In simple terms Accounting is the process(technique) of identifying, recording, summarizing, analysing and interpreting transactions & events.
What is management accounting ?Explain the nature and scope of management accounting management accounting is a part of accounting which is used for decision making lik in the organisation these decision makers prepare cash flow statement wich helps in forcasting the future profit of the organisation
In accounting, transactions are debited or credited based on the accounting equation, which states that assets must equal liabilities plus equity. When a transaction increases assets or expenses, it is debited. When a transaction increases liabilities, equity, or revenue, it is credited.
Creative accounting can make financial documents of a business look misleading. Many financial institutions my be hesitant to lend money, which will make the business have to pay more for capital.
In accounting, debit and credit are two sides of the same transaction. Debit represents money coming into an account, while credit represents money going out of an account. Debits increase assets and expenses, while credits increase liabilities, equity, and revenue.
An accounting module refers to a set of standardized parts of accounting that are used in teaching the accounting students. The accounting modules are usually broken down into a number of subjects to enable the learners to easily understand certain accounting concepts.
Explain discounting of accounting policies
Explain cost center in the context of cost accounting
what are the implications of accounting principles
Accounting is often referred to as "the language of business."
explain accounting policy involves politics?
how to explain an accounting system used for our company to auditor
social responsibility accounting is concern with modern approach of accounting which include to make accounting information useful to the society
feature of accounting princeple
Explain why it's important to study public sector accounting.
do you agree. "accounting is vital to the success of a business" explain
andi
yes