Archive | Accounting

Essay on Accounting: Meaning, Functions, Importance, Principles and Limitations

Essay on Accounting :- 1. Introduction to Accounting 2. Meaning of Accounting 3. Functions 4. Importance 5. Systems 6. Principles 7. Concepts 8. Accounting Conventions 9. Limitations. Contents: Essay on the Introduction to Accounting Essay on the Meaning of Accounting Essay on the Functions of Accounting Essay on the Importance of Accounting and its Users Essay on the Systems of [...]

By |2018-08-01T10:47:23+00:00August 1, 2018|Accounting|Comments Off on Essay on Accounting: Meaning, Functions, Importance, Principles and Limitations

Preparation of Financial Statements

Financial statements are basic and formal means through which corpo­rate management make public communication of financial information along with select quantitative details. These are structured financial representation of financial position and performance of an enterprise. A company is managed by its Board of Directors who is responsible for reporting to the various interest groups of the company about its financial [...]

By |2020-04-26T12:50:20+00:00May 16, 2017|Accounting|Comments Off on Preparation of Financial Statements

Bennett Stewart Explanation of EVA | Cash Flow | Accounting

In this article we will discuss about the Bennett Stewart explanation of Economic Value Added (EVA). Economic Value Added is the financial performance measure that comes closer than any other to capturing the true economic profit of an enterprise. EVA also is the performance measure most directly linked to the creation of shareholder wealth over time. Stern Stewart & Co. [...]

By |2017-05-16T19:21:37+00:00May 16, 2017|Accounting|Comments Off on Bennett Stewart Explanation of EVA | Cash Flow | Accounting
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