Friday, November 15, 2019

20 Warren Buffett Quotes on Stock Picking, Risk & Leverage

Warren Edward Buffett (popularly known as Warren Buffett) is an American based Investor, Business Magnet, Chairman and CEO of Berkshire Hathaway.  Warren Buffet is considered one of the most successful investors in the world, also one of the top 10 wealthiest person in the world for the last few decades and currently he is ranking third among top wealthiest person in the world with $82.5 Billion Net worth. His Investment wisdom and his...

Friday, November 1, 2019

Scope and Functions of Management Accounting

J. Batty defines Management Accounting as “the term used to describe the accounting methods, systems and techniques which coupled with special knowledge and ability, assist management in its task of maximizing profits or minimizing losses”. Scope of Management Accounting The Management Accounting includes the following fields / scope of activities:        1)      Financial Accounting: Financial...