Ad
related to: accounting notes grade 12 pdf
Search results
Results From The WOW.Com Content Network
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Download as PDF; Printable version; ... A person can register for CPT after completing Grade 10 and take the exam after completing High School (Grade 12) and complete ...
Financial statements are intended to be understandable by readers who have "a reasonable knowledge of business and economic activities and accounting and who are willing to study the information diligently." [2] Financial statements may be used by users for different purposes:
In bookkeeping, a general ledger is a bookkeeping ledger in which accounting data are posted from journals and aggregated from subledgers, such as accounts payable, accounts receivable, cash management, fixed assets, purchasing and projects. [1] A general ledger may be maintained on paper, on a computer, or in the cloud. [2]
Accrual basis of accounting: An entity shall recognise items as assets, liabilities, equity, income and expenses when they satisfy the definition and recognition criteria for those elements in the Framework of NFRS. Materiality and aggregation: Every material class of similar items has to be presented separately.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Lotus 1-2-3 was the leading spreadsheet when DOS was the dominant operating system. [12] Microsoft Excel now has the largest market share on the Windows and Macintosh platforms. [ 13 ] [ 14 ] [ 15 ] A spreadsheet program is a standard feature of an office productivity suite .
Cost accounting has long been used to help managers understand the costs of running a business. Modern cost accounting originated during the Industrial Revolution when the complexities of running large scale businesses led to the development of systems for recording and tracking costs to help business owners and managers make decisions. Various ...