Introduction of the term Financial Accounting
Provide brief introduction of the term Financial Accounting?
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Financial Accounting : is the course in that business transactions are recorded methodically in the different books of accounts managed by the organization in order to make financial statements.
Write down the demerits of IFRSs.
Give a small introduction of the term ‘Hasley Premium Method’?
Give a brief introduction of the term ‘Bills of materials’?
Describe distinguish between the term Cost Accounting and Management Accounting?
Give a brief introduction of the term credit rating? And also write down its major features?
Write down the advantages of IFRS.
Give a brief introduction of the term ‘Perpetual inventory system’?
Write down the differences in material receipt?
Describe the general purpose of the statement of comprehensive income. In addition, explain the terms income and expenses as defined by the Conceptual Framework for Financial Reporting (IASB, 2010)
What are the three best golden rules of accounts?
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