accounting 1.5.1 Financial accounting 1.5.2 Management accounting 1.5.3 Cost accounting 1.5.4 Distinction between financial and management accounting 1.6 1.7 Keywords 1.8 Self assessment questions 1.9 1.0 Summary References/suggested readings OBJECTIVES After going through this lesson‚ you will be able to· Understand the meaning and nature of accounting. · Differentiate between various types of accounting. · Know development of accounting principle
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Differences Between GAAP and IFRS The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) are working together to eliminate a variety of difference between the United States generally accepted accounting procedures (U.S. GAAP or GAAP) and International Financial Reporting Standards (IFRS). This convergence project grew out of an agreement reached by the two boards in 2002 (Deloitte‚ 2004). On February 24‚ the SEC unanimously agreed to publish a statement
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Difference between Zakat and Tax First I would like to say that Zakat is related to religion and tax is related to government. In no way Zakat and tax can go together; they are different in many respects. While zakat has a religious sanctity‚ tax is not like that. Tax is collected from all citizens of a country. The government collects tax for the overall development of the country; On the other hand‚ Zakat is only imposed on Muslims. Zakat is fixed as per the Holy Quran and cannot be changed by
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Marketing: Differences Between B2B and B2C Linicha Hunter University of Phoenix EBUS 400 E-Business Dr. Hee Lee September 27‚ 2006 Marketing: Differences Between B2B and B2C Marketing allows organizations to promote their products or services with the intent of maximizing their profit and gaining consumers ’ confidence. In today ’s society marketing the correct product/service can be difficult but implementing the marketing process and planning accurately can alleviate potential
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Ngirwa (2009)‚ defined training as a learning process in which employees acquire knowledge‚ skills‚ experience and attitudes that they need in order to perform their job better for the achievements of their organizational goals. It is the bridge between job requirements and employee present specifications. This
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unfavourable manner because of prejudice or a personal characteristic of that individual. Discrimination of immigrant and low paid workers are not unknown in the USA. The working-class community that includes a large population of migrant workers faces direct discrimination on a daily basis at their workplace. This usually happens when people who do not belong to the minor communities make unfair assumptions about people with specific personal characteristics or traits like race‚ age‚ gender or nationality
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at the well. Perhaps she was so hospitable because she observed that the servant must belong to a wealthy master in which case her generosity may have been merely a ploy to gain his favor and perhaps some of his wealth — a display of indirect power. Rebekah shows direct power by offering so much to the servant without first consulting a man. She offers a place for the servant to sleep and to feed his camels. That is a lot for a girl to offer without first having it approved by her father or husband
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commands a group‚ organization or country[2]. Difference between a manager and a leader There is a clear distinction between being a leader and a manager. Understanding the difference is important for the success as an individual or a business. Leadership and management are often used interchangeably. Leadership is an essential asset a manager should possess. A leader sets directions or visions for a group that they follow while a manager controls or directs people/resources in a group according to
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Differentiate between capitalism and socialism and indicate which of the two socio-economic systems is more appropriate for sustained growth and development INTRODUCTION 1. This essay shall bring out the difference between capitalism and socialism. In so doing‚ first‚ the terminologies used shall be defined and some quotes noted by early writers. The full differences between the two socio-economic systems will be discussed after which a more appropriate system will be selected and thereafter
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Differences Between Cars and Motorcycles There are many differences between cars and motorcycles. Some people out there like motorcycles over cars and some people prefer cars over motorcycles due to the safety factor of motorcycles compared to cars. Some Prefer the comfort of motorcycles but some prefer the comfort of cars. Then there is a cost difference between the cars and motorcycles as some prefer one over the other. I am going to tell you about the cost of motorcycles and cars‚ the comfort
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