Financial accounting, Cost Accounting

Assignment Help:

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.


Related Discussions:- Financial accounting

Measuring performance in organization, list and discus the problem encounte...

list and discus the problem encountered in adopting profit as a yardstick in measuring performance

Component of fixed overheads variance, Component of Fixed Overheads Var...

Component of Fixed Overheads Variance Fixed Overhead Expenditure Variance The fixed overhead expenditure variance is the dissimilarity between the actual fixed expend

Usefulness of variance analysis, Usefulness of Variance Analysis Caref...

Usefulness of Variance Analysis Carefully note that while prices are being charged to production, it can be done at the actual or standard price. For purposes of making varian

Calculation of deductions - wages department, Calculation of Deductions - W...

Calculation of Deductions - Wages Department A range of deductions are complete from gross earnings when computing the net payment because of the employee, that deductions may

Wages and salaries, Given the information that follows, prepare a cash budg...

Given the information that follows, prepare a cash budget for the XYZ Store for the first six months of 2010. All prices and costs remain constant. Sales are 90% for cre

Product versus period costs, Product Versus Period Costs Another way to...

Product Versus Period Costs Another way to look at manufacturing costs is to think of them as attaching to a product. In other words, goods result from the manufacturing proces

Cost variance and schedule variance, (i) In terms of cashflow, which month ...

(i) In terms of cashflow, which month will be the most costly for your project? (ii) If the 3rd and 4th months are more expensive by 25% each because the outsourced labour took

the refuse department , The CFO of ABC Municipality has heard of activity ...

The CFO of ABC Municipality has heard of activity based costing and wants to execute it in the municipality. Because ABC involves a number of changes to how service costs are deter

Accounting for materials, list and explain all the procedures of material c...

list and explain all the procedures of material control

Uses of cost volume profit analysis, USES O F CVP ANALYSIS 1. .It ...

USES O F CVP ANALYSIS 1. .It allows preparation of flexible budgets. 2. It provides help in forecasting accurate profit. 3. It aids in formulating price policy. 4

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