difference between financial and management accounting ppt

... account is having the credit balance 1.12 FINANCIAL VS MANAGEMENT ACCOUNTING Financial accounting and management accounting both prepare and analyze financial data However, certain aspects of ... transactions (d) Accounting of both financial and non-financial transactions (2) Accounting concept is: (a) Theory of accounting (b) Procedures of accounting (c) Rules of accounting (d) Practice of accounting ... Accountancy”. V K Goyal, “Financial Accounting”, Excel Books, New Delhi. Khan and Jain “Management Accounting”. S.N Maheswari “Management Accounting”. S Bhat “Financial Management”, Excel Books,

Ngày tải lên: 25/11/2016, 09:29

... account and credit Suspense account with £24 000 3 C) Debit Rent account and credit Suspense account with £12 000 4 D) Debit Rent account with £24 000 228 Free Test Bank for Financial and Management ... business Trang 254 D) profits of the period and the position as at the end of each period is not exaggerated228 Free Test Bank for Financial and Management Accounting An Introduction 4th Edition ... Cash account and Credit Owner’s account 2 B) credit Cash account and Debit Investment in business account 3 C) debit Cash account and Credit Capital account 4 D) debit Cash account and Credit Investments

Ngày tải lên: 10/03/2017, 13:23

... Free Test Bank for Financial and Management Accounting An Introduction 4th Edition Pauline Weetman Multiple Choice Questions - Page 2 In a trial balance produced at the end of a financial period, ... Trang 1228 Test Bank for Financial and Management Accounting An Introduction 4th Edition Pauline Weetman Multiple Choice Questions ... Cash account and Credit Owner’s account 2 B) credit Cash account and Debit Investment in business account 3 C) debit Cash account and Credit Capital account 4 D) debit Cash account and Credit Investments

Ngày tải lên: 10/03/2017, 13:23

... Trang 1228 Test Bank for Financial and Management Accounting An Introduction 4th Multiple Choice Questions - Page1 Jayantha commenced ... is being complied with Trang 153 C) Petty Cash AccountTrang 16228 Free Test Bank for Financial and Management Accounting An Introduction 4th Edition Pauline Weetman Multiple Choice Questions - ... side of that account Capital account 1 A) debit 2 B) credit 228 Free Test Bank for Financial and Management Accounting An Introduction 4th Edition Pauline Weetman Multiple Choice Questions -

Ngày tải lên: 27/03/2017, 08:27

... Movement - Out? Contd Trang 3International Financial and Management Accounting 1.0 AIMS AND OBJECTIVES In this lesson we shall discuss about financial accounting After going through this lessonyou ... conventions The entire principles of accounting are on the constructive accounting concepts andconventions Accounting Principles Accounting Concepts Accounting Conventions 1.5 ACCOUNTING CONCEPTS The following ... through financial information available in the statements The agreement of warranty and guarantee is tested through the financial status of the enterprise Trang 7International Financial and Management

Ngày tải lên: 17/09/2020, 14:27

... Trang 1International Financial and Management Accounting LESSON 2 TRIAL BALANCE CONTENTS 2.0 Aims and objectives 2.1 Introduction 2.2 Grouping of Various Accounting Transactions 2.3 Preparation ... 3International Financial and Management Accounting Credit Balance is the major source of other half of the golden rules of accounting Personal Account-Credit the Giver Nominal Account- Credit all income and ... (summary) of accounting balances and their names for the specified accounting period to the tune of principle of grouping transactions, known as Trial Balance Trial Balance is a list of accounting

Ngày tải lên: 17/09/2020, 14:27

... Gupta and Radhaswamy, “Advanced Accountancy”. V K Goyal, “Financial Accounting”, Excel Books, New Delhi. Khan and Jain, “Management Accounting”. S N Maheswari, “Management Accounting”. S Bhat, “Financial ... earnings, ability to pay interest and debt maturities and profitability and sound dividend policy” Trang 3International Financial and Management Accounting The entire financial statement analysis ... Bhat, “Financial Management”, Excel Books, New Delhi. Prasanna Chandra, “Financial Management – Theory and Practice”, Tata McGraw Hill, New Delhi (1994) I M Pandey, “Financial Management”, Vikas

Ngày tải lên: 17/09/2020, 14:27

... ratios and Turnover ratios Trang 38 4International Financial and Management Accounting  Intra firm analysis on the financial information over many number of years: The financial performance and ... Measure of expressing the financial performance and position: It acts as a measure of financial position through Liquidity ratios and Leverage ratios and also a measure of financial performance through ... short-term financial resources or payable in short span of time within a year Current Ratio = sLiabilitieCurrent AssetsCurrent Trang 58 6International Financial and Management Accounting Standard

Ngày tải lên: 17/09/2020, 14:27

... 2International Financial and Management Accounting 6.1 INTRODUCTION Every business establishment usually prepares the balance sheet at the end of the fiscal year which highlights the financial position ... Pre-received Income Provision for doubtful and bad debts Net Working Capital (A-B) Increase/Decrease Working Capital Trang 4International Financial and Management Accounting 6.6 METHODS OF PREPARING ... Sources Share Capital and so on Internal Sources: Retained Earnings Figure 6.3: Illustrative Statement of Financing Trang 8International Financial and Management Accounting 6.7.3 To Fulfill

Ngày tải lên: 17/09/2020, 14:27

... variations occurred in the cash expenses and expenditures Trang 3International Financial and Management Accounting 7.5 CASH FLOW VS FUND FLOW STATEMENT Cash inflow and outflow are only considered Increase ... Trang 1International Financial and Management Accounting LESSON 7 CASH FLOW STATEMENT ANALYSIS CONTENTS 7.6 Steps in Preparation of Cash Flow Statements 7.0 AIMS AND OBJECTIVES After studying ... Flow Trang 5International Financial and Management Accounting 7.7 PREPARATION OF CASH FLOW STATEMENT The cash flow statement can be prepared either in statement form or in accounting format Opening

Ngày tải lên: 17/09/2020, 14:28

... some costs change, and others remain the same Trang 3International Financial and Management Accounting 2 A knowledge of cost behaviour helps management plan operations and decide between alternative ... understand and make use of these steps in various situations in the decision-making process Practical business management gives due weightage to both financial and non-financial information Financial ... 5International Financial and Management Accounting The fixed and variable element in the maintenance cost is found as follows: Maintenance Cost (Rs.) Kms.run Highest 9000 7000 Lowest 8200 5400 Difference

Ngày tải lên: 17/09/2020, 14:28

... effectively utilising men, machines and materials  Switching the product to more profitable terms by showing a higher P/V ratio Trang 4International Financial and Management Accounting 9.4 BREAK EVEN ... same.These costs expand or contract as the activity rises or falls Within a given time span,distinction has to be drawn between costs that are free of ups and downs of productionand those that vary ... order to forecast profit accurately, it is essential to know the relationship between profits and costs on the one hand and volume on the other  Cost-volume-profit analysis is useful in setting

Ngày tải lên: 17/09/2020, 14:28

... budget, i.e., operating budget and financial budget 10.14 SUGGESTED READINGS M.P Pandikumar, Management Accounting, Excel Books. M N Arora, "Cost and Management Accounting", 8th Edition, ... measured by the difference between revenues (outputs) and expenditure (inputs) Inter-departmental sales are often made using "transfer prices" Trang 510.4.2 Advantages of Budgeting and Budgetary ... to budgeting and budgetary control:  Compels management to think about the future, which is probably the most important feature of a budgetary planning and control system Forces management to

Ngày tải lên: 17/09/2020, 14:28

... decisions pertaining to the financial management of the firm are shown in Figure 12.1: Trang 3International Financial and Management Accounting Decisions of Financial Management Financing Investment ... capital budgeting  Distinguish between divisible and indivisible projects 12.1 INTRODUCTION The capital budgeting is one of the important decisions of the financial management ofthe enterprise The ... AIMS AND OBJECTIVES After studying this lesson you will be able to:  Decide why capital budgeting is the most important decision of the financialmanagement  Describe various objectives and methods

Ngày tải lên: 17/09/2020, 14:28

... project having a larger standard deviation will be more risky as compared to a project having smaller standard deviation Trang 8International Financial and Management Accounting Steps involved ... B and in case he is averse to risk he may prefer Project A Trang 10International Financial and Management Accounting Decision Tree Analysis Decision tree is a graphic display of relationship between ... concluded that the larger is the difference between the pessimistic and optimistic cash inflows and the resultant net present value, the more is the risk of the project and vice versa Steps involved

Ngày tải lên: 17/09/2020, 14:28

... Introduction/Determine the Difference Between Internal and External Reporting Trang 3Terminal Learning Objective• Task: Determine the difference between internal and external reporting • Condition: ... to ICAM course handouts, readings, and spreadsheet tools and awareness of Operational Environment (OE)/Contemporary Operational Environment (COE) variables and actors • Standard: with at least ... Math Refresher • Intermediate Cost Analysis and Management • Targeted at mid career CP11 Personnel, Staff Sergeants and above, Senior Captains, Majors and above • Course Length: Three Weeks • Pre-requisites:

Ngày tải lên: 08/01/2018, 10:48

... future, support Landesbanken” and 4 The same holds for debt obligations issued between 2001 and 2005 and will mature after 2015. All other debt obligations issued between 2001 and 2005 are still ... from 2006-2008 (pre- and post-crisis) we are also able to distinguish between demand and supply effects of the financial crisis. While there is an overall decrease in demand of loan applications ... Dai, Ongena, and Smith (2003), Mian (2006), Peek and Rosengren (1997), and Rajan and Zingales (2003) analyze the opportunities and limits of banks entering foreign countries and the effect...

Ngày tải lên: 16/02/2014, 10:20

... distribution and management features of SMS and IntelliMirror. Lead-in There are some similarities between the options available. You need to be aware of their differences to understand when and ... distribution and management. Lead-in You must understand the organization’s goals for the provision of software distribution and management. 12 Module 3: Designing a Software Distribution and Management ... Change and Configuration Management infrastructure. Software Distribution and Management Goals You have been asked to create a plan for the organization’s software distribution and management...

Ngày tải lên: 10/12/2013, 15:15

... between financial accounting and man- agement accounting. Cost accounting integrates with financial accounting by pro- viding product costing information for financial statements and with management accounting ... cost and management accounting standards and Chapter 1 Introduction to Cost and Management Accounting in a Global Business Environment 7 3 Robert B. Hubbard, “Return of the Cost Accounting Standards ... Management Accoun- tant (CMA) and Certified in Financial Management (CFM). The IMA also issues direc- tives on the practice of management and cost accounting called Statements on Management Accounting, ...

Ngày tải lên: 18/12/2013, 09:13

... correlation between ED and these anthropometrical measure- ments. Andersen et al. [83] investigated the relationship between obesity and ED in a younger cohort of Danish men between aged 20–45 years and ... obesity and related pathologies: Androgen deficiency and endothelial dysfunction may be the link between obesity and erectile dysfunction Abdulmaged M. Traish 1 , Robert J. Feeley 1 and Andre Guay 2 1 ... including BMI, WC and WHR, is con- sidered as a hallmark of the MetS and is associated with reduced plasma androgen levels [14–19]. In this minireview, we discuss the link between obesity and ED by focusing...

Ngày tải lên: 18/02/2014, 06:20