Accounting concepts; Accounting is the language of business. Business firms communicate their affairs and financial positions to the outsiders through…
Types and utility of Accounting; This article in we discuss first the utility of accounting after that we will finally…
Introduction; The term "Materials" refers to the raw materials used for production, subassemblies and fabricated parts. Also, define as “anything…
Labor costs represent human contribution. Labor cost is sensitive. The second Major element of cost in most of the manufacturing…
What is the Usefulness of Cost Accounting? The shortcomings inherent in financial accounting have made the management to realize the…
What does the Statement of Cash Flows mean? In accounting, a statement of cash flows, also known as the cash…
Cash Flow Statements; In financial accounting, a cash flow statement, also known as the statement of cash flows, is a…
What does Cash Flow Statement mean? A cash flow statement counters the ambiguity regarding a company's solvency that various accrual…
What does the Fund Flow Statement mean? Funds flow statement is the statement of sources and uses of the fund.…
Budget, Budgeting, and Budgetary Control: A budget is a blueprint of a plan expressed in quantitative terms. Budgeting is the…