Clik here to view.
Comparison of Financial Accounting Vs Managerial Accounting
Financial accounting is concerned with reports to owners, creditors, bankers, Securities and Exchange Commission, registrar of joint stock companies, govt. agencies and others outside of the company....
View ArticleClik here to view.
Sources of Information for Financial Statement Analysis
The financial statement user has access to a wide range of data sources in the analysis of financial statement. The beginning point should always be the financial statement themselves and notes to the...
View ArticleClik here to view.
What are the Qualitative Characteristics of Financial Statements
The objective of financial statements is to provide information about the financial position, performance and changes in financial position of an entity that is useful to a wide range of users in...
View ArticleClik here to view.
Accounting Treatment for Goodwill
Goodwill is defined as the future economic benefits arising from assets that are not capable of being individually and separately recognized. Goodwill is the difference between the value of a business...
View ArticleWhat are the Advantages and Disadvantages of Uniform Costing
Advantages of Uniform Costing Improvement of operational efficiency: Through the exchange of information by members, each member is in a position to measure his efficiency and cost against the...
View ArticleClik here to view.
What is Intangible Assets
Intangible assets are identifiable non-monetary assets without physical substance. An asset is a resource that is controlled by the entity because of past events for example, purchase or self-creation...
View ArticleClik here to view.
What are the Aims of a Transfer Pricing System
Transfer pricing refers to the unit price assigned to goods and services that one segment transfers to another segment within the same company. Accountants use transfer prices for purpose other than...
View ArticleClik here to view.
What are the Objectives of Financial Statements
Financial statements are mainly prepared for external reporting purposes. General purpose of financial statements are intended to meet the needs of users who are not in a position to demand reports...
View ArticleClik here to view.
Financial Accounting vs. Management Accounting
A comparison between the financial accounting and management accounting may have differences in its respective field. The basic differential points are as follows: In financial accounting, financial...
View Article
