Explain the term reporting interval - management accounting, Financial Accounting

Explain the term Reporting interval - Management accounting

For most businesses, financial accounting reports are produced on an annual basis, though some large businesses produce half-yearly reports and a few produce quarterly ones. Management accounting reports may be produced as frequently as required by managers. In several businesses, managers are provided with certain reports on a daily, weekly or monthly basis, which permits them to check progress frequently. Additionally, special-purpose reports would be prepared when required (for instance, to evaluate a proposal to purchase a piece of equipment).

Posted Date: 9/21/2013 2:58:11 AM | Location : United States

Related Discussions:- Explain the term reporting interval - management accounting, Assignment Help, Ask Question on Explain the term reporting interval - management accounting, Get Answer, Expert's Help, Explain the term reporting interval - management accounting Discussions

Write discussion on Explain the term reporting interval - management accounting
Your posts are moderated
Related Questions
Tyler Smith has worked in an upholstery shop for 10 years. Tyler's wages were $20,000. Lately, Tyler has been unhappy with the shop's owner. Convinced that he could run an upholste

Function to return the phase of a complex number 1. What is Annuity kind of cash flow? 2. What do understand by Portfolio risk? 3. What do you understand by 'Loan Am

1. When preparing the operating activities section of the statement of cash flows using the indirect method, a decrease in accounts recievable is subtracted from net income. True o

The city of Fredericton operates automobile parking facilities and is evaluating a proposal to erect and operate a structure for parking in the city's downtown area. 2 designs for

Calculating Present Value [LO2]  You have just received notification that you have won the $1 million first prize in the Centennial Lottery.  However, the prize will be awarded on

#question.how to account enginering cost

What is asset turnover - Asset turnover is a ratio which is considered as measures the effectiveness with which a business uses its assets in relation to the level of sales or inc

Sales= 4,500,000 Min required return= 15% Avg Operating assets= 1,800,00 Residual Income= 90,000 !) Whats the company's return on investments? Please show work so I can see how

Information concerning the capital structure of Piper Corporation is as follows: December 31, 2011 2010 Common stock 150,000 shares 150,000 shares Convertible preferred stock 15,00