Financial accounting, Cost Accounting

Financial Accounting

It is the analysis, and recording and classification of financial transactions and the ascertainment of how that information will be reported to the different users.  It includes the development of general-reasons financial statements largely for external reporting.  These statements are developed in accordance along with standards imposed via the public or through the professional accounting bodies as like the Institute of Certified Public Accountants of US and the International Accounting Standards Board - IASB and also the requirements of the Companies.

Posted Date: 2/4/2013 8:27:02 AM | Location : United States







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

Write discussion on Financial accounting
Your posts are moderated
Related Questions
Methods of Cost Estimation We will consider given cost estimation methods commonly employed, namely as: a. High Low Activity method b. Engineering Analysis c. Account

what are the purposes of cost accounting

Purposes of Overhead Cost Analysis There are a number of situations whether the analysis of overhead costs will assist in the satisfactory evaluation of the relevant cost data

A Government issued a number of index-linked bonds on 1 June 2000 which were redeemed on 1 June 2002.  Each bond had a nominal coupon rate of 3% per annum, payable half yearly in a

Hello, I am writing a report about a contemporary management accounting issue, and i can''t really seem to understand the guidelines well. What kind of topic can i use to write a

Eagle Company is considering the purchase of an asset for $100,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Comput

1. Why does rent control result in a shortage of rental units. 2. How does price elasticity of demand affect how much of a tax is passed on to the consumer and how much is absor

Go the Hershey website to learn how to make Hershey chocolate. (There is also a "print friendly" version of the chocolate making process at the end of the video.) Review the proces

What are the importance of cost classification

Limitations of CVP Analysis The make use of the basic CVP model is just only relevant to planning and decision-making in an activity range whether the basic cost and revenue b