Objective | Function | Procedure for Issuing Accounting Standards
In this Article, Detail Discuss about Accounting Standards Issuing procedures in India and all 5 steps are discussed. Objective and Functions of Accounting Standards in India
Accounting Standards: Meaning | Objectives | 3 Benefits
Accounting Standards plays an important role in maintaining the accounts. For better understanding the concept, you have to know more about its objectives and its benefits. You have to follow the article to get better knowledge. Meaning of Accounting Standards Accounting Standards comprise accounting guidelines and rules required to be followed while preparing financial statements….
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Accounting Principles: Top 9 Accounting Concepts & Conventions
Here we detail discuss about the accounting concepts and accounting conventions. In which we discuss 9 points of accounting concepts and 4 points of accounting conventions.
Nature of Accounting Principles
Accounting rests on a small set of fundamental assumptions and principles. These fundamentals are referred to as the ‘Generally Accepted Accounting Principles (GAAP). Understanding the principles gives context and makes accounting practices easier to implement. The underlying objective of ‘Accounting Statements’ is the true, fair, and authentic reflection of the business operations and its results….
Top 3 Branches of Financial Accounting
Here, We discuss about the branches of accounting such as : financial accounting, management accounting, cost accounting.
Advantages | Disadvantages 7 Function of Financial Accounting
Here we discuss about the 7 function of financial accounting. advantage and disadvantage of financial accounting.
Extraordinary 2 Users of Accounting Information
In this article, we will discuss the user of accounting information. Firstly, we are going to discuss the internal user of accounting system. But, the external user is also very important and plays an important role in accounting information systems. For gaining better knowledge, you need to read the full article. I. Internal Users 1….
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Accounting Information System: 6 Component and Disciplines
In this article we discuss about the meaning, components, posotion of AIS in organisation, AIS and Related Disciplines
Types of Elasticity of Demand | 5 Degrees | Measurement | Factors
The relative responsiveness of a supply or a demand curve in respect to price is referred as elasticity. If the curve is more elastic then it means the more quantity will be changed in respect to price change.
Detailed Indifference Curve Approach & Indifference Map
The representation of different combinations of two goods on a curve is done by indifference curve that provides a consumer equal level of satisfaction. Between these curves the consumer is indifferent as he gets equal satisfaction from all the combinations.