Tuesday, May 22, 2012

IFRS stands for International Financial Reporting Standards. IFRS is the international accounting framework in which to properly manage and report financial information. It is derived from the statement of Accounting at the London-based International Standards Board (IASB). It is currently the accounting framework that is needed in more than 120 countries....
Tuesday, May 22, 2012 by Unknown · 0
GAAP stands for Generally Accepted Accounting Principles or Prinsif-prinsif Financial Accounting Standards. GAAP
is a broad group of accounting standards and general industrial use
have been developed over the years, and are used by businesses to
properly manage their financial information into the accounting records
and summarized...
by Unknown · 0
Statement
of cash flows provides information about cash flow in and out of
companies, in particular, it shows the level of activity that generate
and use cash. This
statement is part of the financial statements, although considered less
important historically than the income statement and balance sheet. ...
by Unknown · 0

Petty cash expenditure is a relatively small number that are not possible using a check
Soemarso (2004) defines a petty cash fund as follows: "A certain amount of cash set aside in the company and used to serve certain expenses. Expenditure-expenditure is usually made through a petty cash fund expenditures which are...
by Unknown · 0
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