Common and Special Costs
Factor costs are divided into special and common depending on whether or not they are used exclusively for the operation of a cost center , for the creation of a single product, …
Accounting Study Notes
We provide Accounting Study Notes For students and teachers in order to achieve success in exam. The study of creative accounting is very important.We are all clear that the objective of accounting is to reach information that provides interested users with knowledge about the company’s economic and financial situation, and about their performance in the market in which it operates.In the end, we present studies that lead to mitigate this phenomenon, hoping that more people will study the topic that is so important and little explored.
The Accountant is essential in companies of any size or industry. It is this professional who does the planning, coordination and control of the company’s cash inflows and outflows, enabling an accurate view of the assets. He is responsible for calculating taxes and other taxes and checks the accounting records and other legal requirements. The Accounting study offers visions of the company, the public bodies with which it interacts, commercial, tax, labor and civil legislation. The Accountant’s field of action is quite broad, involving areas such as: Audit, Controllership, Expertise, Management Accounting. With the knowledge and interpretation of the information, the Accountant assesses the assets and analyzes the economic and financial results, contributing to business decision making.
Fixed Costs and Variable Costs
Fixed costs are those which, however incurred by the company regardless of the volume of activity carried out, do not undergo variations. Variable costs are those that vary according to …
Standard Costs – Definition and Meaning
Standard costs are the scienti fi cly predetermined costs incurred for the manufacture of a single unit or a certain number of units of the product during a specified period …
Bank Grant – Definition and Meaning
By definition, the bank grant is the crediting of the net proceeds of a direct IOU. These are paper or financial bills, which do not derive from the sale of goods …
Reclassification of the Financial Statements
The documents that make up the financial statement information system allow those who are interested (stakeholders) to express an opinion on – the economic situation, understood as the company’s ability …
Instrumental Goods – Definition and Meaning
Capital goods are those that a company purchases for multi-year use, as they contribute to the activity for a period longer than one year. Think of a building or a machine, …
How to choose the deductible expenses
The income on which we self-employed workers must calculate the income tax to be paid derives from the difference between the remuneration collected in the year and the expenses paid …