Fichas
Introduction
Fichas del conjunto (6)
- 1What are the four main branches of accounting?1. Financial Accounting
2. Management Accounting
3. Auditing
4. Taxation - 2What is the purpose of 'Financial Accounting'?To provide information for decision making but mainly for external stakeholders.
- 3What is the purpose of 'Management Accounting'?To provide information for decision making for internal stakeholders (managers etc prepared through a BUDGET)
- 4What is 'Auditing'?Is the process of making sure that the financial statements the business prepares reflect the true and fair view of economic transactions undertaken in an organisation.
- 5What is 'Taxation'?When accountants prepare information for taxation purposes.
Includes GST, Corporate Tax and adjustments of tax. - 6What are the five branches of Information Systems?1. People
2. Hardware
3. Software
4. Data
5. Processes
Información
- Descripción
- BSNS115
- Creado por
- Sophia Lynch · jun 2020
- Actualizado
- 3 jun 2020
- Visitas
- 7
- Etiquetas
- Valoración