Introduction In order to successfully manage the financial resources within the organization it is essential for management to properly allocate the resources so that they may engage in proper operational activities. With the proper alignment and allocation of the financial resources corporation ...

Introduction Management accounting is the process of controlling, managing, analysing, assessing and evaluating reports that are generated by the managers of the companies. All of them are presented in front of internal stakeholders such as managers, directors, equity shareholders in order to ...

Introduction Managing executives needs appropriate business data to make successful decisions. It is a challenging task to gather data for this intent via various organizational processes. Most businesses enforce accounting management to conduct such a complicated task as to enable businesses to ...

Introduction In this era, organisations are trying to to go ahead to their competitors and this is only possible when the company adopt well specified accounting techniques. An untrained person in the firm are not able to use such accounting techniques so that the firm can lead to their ...

Introduction In every organisation, accounting and finance are key aspects of their operational structure. Accounting involves all the activities dedicated towards classification and recording of monetary events. Finance includes effective allocation of financial resources and arrangement of ...

Letter of Advice To: Nicole/Board members of Carart Ltd. From: External accountant Date: 19th September 2016 Subject: Advice for declaration of Bonus 1) Financial impact According to the case, board of Carart Ltd. is considering to reward one of the ...