Advantages and Disadvantages of Management Accounting

Management accounting is related to preparing and presentation of accounting and controlling information in a format that helps management in the formulation of policies and in decision-making on different matters connected. It is by using the techniques of management accounting that the executives are provided the information which they require to achieve objectives for which …

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Types of International Capital Flows

International Capital Flows usually means the inflow and outflow of capital from one country to another country. In this article, we have discussed about the different types of International Capital Flows like Foreign direct investment (FDI), Foreign portfolio investment (FPI), trade flows, invisibles, external assistance, external commercial borrowings and private loan flows.

Limitations and Uses of Fund Flow Statement

A fund flow statement is a summary of a firm’s inflow and outflow of funds. In other words, fund flow is a statement which analyzes the inflow and outflow of funds of an organization or firm in a particular period. Limitations Of Fund Flow Statement The fund flow statement suffers from the following limitations: 1. …

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Analysis of Financial Statements

It refers to the process of the critical examination of the financial information contained in the financial statements in order to understand and make decisions regarding the operations of the firm. This statement is basically a study of relationship among various financial facts and figures as given in a set of financial statements. The complex …

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Purpose of Financial Statements

Financial statements (or financial reports) are formal records of the financial activities of a business, person, or other entity. In other words, financial statements are records that provide an indication of an individual’s, organization’s, or business’ financial status. Purpose of Financial Statements The purpose of a financial statement is to enable a business to establish …

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