Emerging role of accounting, Accounting Basics

The past of accounting specifies the evolutionary pattern that reflects changing socioecoiom conditions and the enlarged reasons is that accounting is applied. In  the  current  context  four  phases  in  the  evolution  of  accounting  can  be illustrious.

Posted Date: 4/2/2013 6:49:53 AM | Location : United States







Related Discussions:- Emerging role of accounting, Assignment Help, Ask Question on Emerging role of accounting, Get Answer, Expert's Help, Emerging role of accounting Discussions

Write discussion on Emerging role of accounting
Your posts are moderated
Related Questions
Q. What do you mean by depreciable asset? A depreciable asset is a manufactured asset such like a building, vehicle, machine or piece of equipment that provides service to a bu

Q. What do you mean by Breakeven point? Breakeven point -- the amount of revenue from sales that exactly equals the amount ofexpense. Breakeven point is generally expressed as

Read it once and answer, if The following items appear on a balance sheet.   $   Inventory balance at bank cash in hand trade

Q. Uses of technology in accounting? The computers of persons in a given building or department are frequently connected in a Local Area Network (LAN). These persons are able t

Criticisms against setting of Accounting Standards: 1.       Setting of Standards may occasionally control the type of treatment of definite items. 2.       They may generat

Which error will cause a trial balance not to balance? A an invoice entered as a credit note on original input. B a journal entry that does not balance. C a transaction entere

Cash  Flow Analysis:   As per the Institute of Cost and Works Accountants of India (AICWAI), a Cash Flow Statement is a declaration setting out the flow of cash under different

Uses of the Profit and Loss Account 1) The key utilize is to monitor and calculate profit. This suppose that the informat ion recording is correct. Significant harms can arise

Acid test ratio = 2.5, current ratio = 1.5 net working capital = 10,00,000 fixed assets =? Share holder''s fund = 15,00,000 Stock inventory =? Bank overdraft =? Share capital =

What is the latest change taking place in the accounting world that will make a big difference to the way accountants prepare accounts?