Management Accounting Functions In management accounting or managerial accounting, managers use the provisions of accounting information to inform themselves better before they decide matters within… Read More »Functions of Management Accounting
Management Accounts is one of the branches of accounting. It provides relevant information to management so that planning, organizing, directing, controlling, and coordinating business operations… Read More »Management Accounting? Scope and Objectives
Methods of costing used for the ascertainment of cost of production differ from industry to industry. It primarily depends on the manufacturing process and also on… Read More »Different methods of Costing
Cost Accounting: It is a formal system of accounting for costs by means of which costs of products and services are ascertained and controlled. Definition… Read More »what is Cost Accounting? Objectives, Advantages
According to International Accounting Standards defines financial instruments as “any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of… Read More »what is Financial Instruments?
Having known that there are many alternatives of finance or capital, a company can choose from. Choosing right source and the right mix of finance… Read More »What are the Sources of Financing?
The Financial manger is a person who takes care of all the important financial functions of an organization. The person in charge should maintain a… Read More »Role of a Financial Manager?
Investment Decision One of the most important finance functions is to intelligently allocate capital to long term assets. This activity is also known as capital… Read More »What are the Finance Functions?
There are two fundamental types of financial decisions that the finance manager has to take are as follows: i. Investment decision ii. Financing decision Definition: The Financing Decision is another… Read More »What is Financing Decision?
A partnership deed is also called a partnership agreement between the partners of the firm which outlines the terms and conditions of the partnership between… Read More »What is Partnership Deed?