Categories of Cash Flow Statement
Meaning of Cash Flow Statement A balance sheet is a snapshot view of the status of a firm’s funds at …
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Limitations of Ratio Analysis
Meaning of Ratio Analysis Ratio analysis is a very powerful analytical tool for measuring performance of an organization. The ratio …
Scope of Inventory Management
Meaning of Inventory Management Inventory management is a process of tracking the products. This includes all the inventory management until …
Importance and Characteristics of Group
Meaning of Group A group is a collection of two or more people, those are working together, exchanging ideas. the …
Advantages and Disadvantages of Standard Costing
Meaning of Standard Costing According to the Chartered Institute of Management Accountants. Standard Costing is “the preparation and use of …
Distinguish between Cost Accounting and Management Accounting
Distinguish between Cost Accounting and Management Accounting Purpose The main objective of cost accounting is to ascertain and control the …
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Difference between Cost Accounts and Financial Accounts
Difference between Cost Accounts and Financial Accounts Objective The main objective of cost accounting is to provide cost information to …
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Method of Depreciation Accounting
What is Depreciation Accounting Depreciation means a permanent and continuing fall in the value of the asset. According to the …
Meaning and Objectives of Audit Planning
Meaning of Audit Planning Auditing simply refers to the evaluation of business books of accounts & vouchers. It is done …
Limitation and Importance of Social Commerce
What is Social Commerce? Social commerce is a process of selling and buying of goods or services over the social …