Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.
Tax Accounting
Balance sheet items can be accounted for differently when preparing financial statements and tax payables. For example, companies can prepare their financial statements implementing the first-in-first-out (FIFO) method to record their inventory for financial purposes, yet they can implement the last-in-first-out (LIFO) approach for tax purposes. The latter procedure reduces the current year's taxes payable. Sources consulted
Written by Edwin Fernández
Hey, It really is incredibly fantastic and informative website. Good to discover your site Very well article! I’m simply in love with it.
ReplyDeleteZzp boekhouder
Everyone share their experience here and this is really nice to read different kind of theories related to same topic. Everyone placing their different opinion and it shows diversity. Appreciate this platform.รับ ทำ บัญชี
ReplyDeleteWonderful article. Fascinating to read. I love to read such an excellent article. Thanks! It has made my task more and extra easy. Keep rocking. Inter-gration CPA
ReplyDeleteYour blog is very informative. Eating mindfully has been very hard for people these days. It's all because of their busy schedules, work or lack of focus on themselves. As a student I must admit that I have not been eating mindfully but because of this I will start now. It could help me enjoy my food and time alone. Eating mindfully may help me be aware of healthy food and appreciating food.สำนักงาน บัญชี กรุงเทพ
ReplyDeleteThe writer of this blog is really very professional. Every single line of this article is well written. New use of vocabulary is a great effort. At the same time tense, indirect speech was also sued in good manner.รับ ทำ บัญชี ลาดพร้าว
ReplyDelete