Introduction of Financial Accounting
Accounting is a very old science that intended at keeping records of several transactions. The accounting is referred to be necessary for keeping records of all receipts and payments and that of the income and expenditures. Accounting can be generally categorized into three categories.
Financial Accounting, aims at observing profit or losses of an accounting year and the assets and liabilities position, through recording several transactions in a systematic manner. Cost Accounting assists the business to determine the cost of production/services offered throug the organization and also gives valuable information for taking several decisions and also for cost control and cost reduction.
Management Accounting assists the management to conduct the business in a more well-organized way. The scope of management accounting is broader than that of cost accounting. Other words, it can be state that the management accounting can be referred like an extension of cost accounting. Management Accounting uses the principles and practices of financial accounting and cost accounting additionally to other modern management methods for proficient operation of a company. The major thrust in management accounting is in the direction of determining policy and formulating plans to accomplish desired purposes of management. Management Accounting creates corporate planning and strategies meaningful and effective.
Latest technology based Cost Accounting Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Financial Accounting homework help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Financial Accounting, project ideas and tutorials. We provide email based Financial Accounting homework help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Financial Accounting. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Cost Accounting homework help and assignment help services. They use their experience, as they have solved thousands of the cost accounting assignments, which may help you to solve your complex issues of Financial Accounting. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Seriously, nobody would claim that accounting information completely meets all of the requirements of each of the several user groups.
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