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 15, 2019
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...