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What external situations could affect budgets

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Reference no: EM132459419

Can you answer this questions related to accounting?

Question 1. What are the requirements and characteristics of the company to raise and prepare its financial statements, (i.e. accounting policies, internal rules and regulations, etc.)?

Question 2. What are the important metrics when establishing an operational, sales, etc. budget?

Question 3. What are the users of the accounting information internally and what do they emphasize when analyzing them?

Question 4. What are the users of the external accounting information?

Question 5. What points does management, or the executive committee emphasize when analyzing it and why?

Question 6. Who raises the operational budget? And who raises the financial budget?

Question 7. What are the internal controls of greater importance, or more emphasis, in the accounting process?

Question 8. Short-term financial decisions, who makes them and why? Who makes and why do they have a long-term impact?

Question 9. What external situations could affect operations?

Question 10. What external situations could affect budgets?

Question 11. What external situations could affect accounting standards and / or processes?

Reference no: EM132459419

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