Accounting For Managers

Compare and contrast the casefuls of nurture. And its value to users currently provided by the published pay and loss and cash flow statements of UK companies. E trulybody in the firm ground consider write up to be very important in every business and life. Accounting knowledge is utilise in every aspect of life be it in investment of stock, buying of new goods, and forecasting for the in store(predicate) as a resultant we require method of accounting system information. The freehanded question is why do we require accounting information? The answer is no other reason that accounting provides us with information undeniable for decision making in all business. For us to be able to compare and contrast the type of information of accounting and its value to users, I would first go through a brief history of accounting and line what accounting is, thenceforth I would examine the different types of accounting information and at long last compare both(prenomina l) types of information provided by the UK companies in the profit and loss and cash flow reports. The history of accounting is as old as civilisations dated back to 3600BC were there was pauperization to keep claim account book of transactions and values of country products. As Paul Collier noted the early accountants were called scribes[1].

Scribes prepares record of put across and disbursements other products and they also act as lawyers. save as we made to know accounting of this generation begins in the fourteenth century in Italy in the cities of Florence, Genoa and Venice and this was as a result of growth in the maritime, trade and bankin! g. Luca Pacioli is credited for the comport of advance(a) accounting; his textbook was based on geometry, arithmetic, proportions and dimension and was used to teach the children of merchants and craftsmen. It was a detailed mathematical knowledge and it include the ways how Venetian merchants keep accounts known as the branched entry accounting system in its time. each what he published are now used in the accounting world of...If you want to get a dependable essay, dictate it on our website: BestEssayCheap.com

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