Category: Financial Management

What is Accountability Meaning and Definition
Financial Management

What is Accountability? Meaning and Definition

Meaning of Accountability: The fact or condition of being accountable; responsibility. Accountability in Financial Management; The concept of accountability can be defined as…

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Importance Advantages Limitations of Business Forecasting to Business
Financial Management

Importance, Advantages, Limitations of Business Forecasting to Business

The Concept of Financial Management is explaining Business Forecasting for Business, in points of Importance, Advantages, and Limitations. In this article, we will discuss Business Forecasting for Business: First Importance of Business Forecasting, then basic Advantages of Business Forecasting, after that main Advantages of Business Forecasting, and finally discussing Limitations of Business Forecasting.

What type of Deferred Revenue Expenditure is added to Accounting
Accounting Content Financial Management

What type of Deferred Revenue Expenditure is added to Accounting?

The Concept of Accounting explains the type of Deferred Revenue Expenditure is added. It will be easier to understand the meaning of deferred revenue expenditure if you know the word deferred. Which means “Holding something back for a later time”. In some cases, the benefit of revenue expenditure may be available for a period of two or three or even more years.