Differences Between Financial accounting, management accounting and cost accounting

Differences Between Financial accounting, management accounting and cost accounting

Differences Between Financial accounting, management accounting and cost accounting Differences Between Financial accounting, management accounting and cost accounting DIFFERENCE BETWEEN FINANCIAL ACCOUNTING AND MANAGEMENT ACCOUNTING BASIS FINANCIAL ACCOUNTING MANAGEMENT ACCOUNTING PRIMARY Read More …

Capital and Revenue

CLASSIFICATION OF INCOME   🙂 CAPITAL  🙂 REVENUE Capital Income: The term ‘Capital Income’ means an income which does not grow out of pertain to the running of the business proper. Read More …

Impact of Taxation and Inflation on Financial Management

Impact of Business Taxation: The tax payments represent a cash outflow from the business and therefore, these tax cash flows are critical part of the financial decision making in a Read More …

Definition, Scope and Accounting Standards

Brief Accounting is often called the language of business. Book-keeping and Accounting not one and the same – Book-keeping means recording the business Transactions. Accountancy means compilation of accounts in Read More …

Cost Accounting Notes

Student’s Tip – Students should prepare this chapter thoroughly from two view points, namely, one in every examination some marks are attributed to this chapter and two, unless students understand Read More …