answersLogoWhite

0

To calculate the net profit/losses and other accounts (Return On Capital Employed, Capital Employed, Working Capital, etc) of a particular business.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is the responsibility of the Financial and Management Accounting Committee of the International Federation of Accountants?

Financial and Management Accounting Committee : works to increase financial and management accountants' awareness of their professional responsibilities via publications, sponsored research, and forums


What types of accounts jobs are there?

There are a lot of different fields that require an accountant. There are Cost Accountants, Financial Accountants, Forensic Accountants, Fund Accountants, Management Accountants and Tax Accountants.


Features and objectives of responsibility accounting?

The feature and objective of responsible accounting is to improve the financial planning of individuals and businesses. Planning by accountants is based on reports conducted.


Who prepares financial statements?

Accountants, usually


Who uses summary reports of the financial activities of a business?

Accountants and financial directors


What is the key service provided by public accountants?

The financial statement audit is a key service of public accountants.


When do accountants use statistics?

Accountants use statistics for examining financial records. They also use this to assess the financial operations and help ensure that organization run resourcefully.


What type of accountants are not public accountants?

Not every accountant is a public accountant. Many work inside businesses or organisations as management accountants, cost analysts, financial controllers, or internal auditors. Instead of serving the public, they focus on helping one company manage its money, plan for growth, and stay financially healthy.


Who are the internet user of the financial statement?

The auditors and accountants are the internet user of the financial statement.


Who is the financial saint?

St. Matthew is the patron saint of accountants.


How much do financial accountants earn yearly?

it cost $1


Who are financial statements prepares for?

financial statements are prepared by accountants to submit to the government for taxation purposes.