What points is necessary to meet users requirements, Financial Accounting

Assignment Help:

What points is necessary to meet users requirements

To meet these users' requirements, it can be argued that accounting information must possess certain key qualities, or characteristics:

a) reliability,

b) relevance,

c) understandability and

d) comparability.


Related Discussions:- What points is necessary to meet users requirements

Need help completing self assessment return, I am an AAT student studying l...

I am an AAT student studying lvl 3 AAT at college. I wish to learn how to complete self assessment end of year tax return forms for other people. That is because I have already bee

The fundamental accounting, Which of the following events would be recorded...

Which of the following events would be recorded as an accounting event? Answer   a. A guest purchases a meal in a food outlet.

Capital budgeting, A project has a one-year life. It has an outlay of Rupee...

A project has a one-year life. It has an outlay of Rupee 1,500 million. At the end of Year 1, the net inflow is likely to be Rupee 2,200 million. The pretax cost of debt is 11%, th

Probability of success in application for debt finance, Q. Probability of S...

Q. Probability of Success in Application for Debt Finance? I have to advise you that there are signs of overtrading in our recent financial statements and our company is approa

Stockholders equity changed, On May 1, 2010, Ziek Corp. declared and issued...

On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 100,000 shares of $1 par value common stock issued and outstanding. The

Recording, explain the terms recording,classifying,summarizing and communic...

explain the terms recording,classifying,summarizing and communicating

Permanent accounts would not include in accounts, Permanent accounts would ...

Permanent accounts would not include a interest expense b wage payable c prepaid rent d unearned revenues

Need help completing self assessment return, I am an AAT student studying l...

I am an AAT student studying lvl 3 AAT at college. I wish to learn how to complete self assessment end of year tax return forms for other people. That is because I have already bee

Retained earnings for plant expansion, Foley Corporation has the following ...

Foley Corporation has the following capital structure at the beginning of the year: 6% Preferred stock, $50 par value, 20,000 shares authorized, 6,000 shares issued and outstanding

Inventory, HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd