Category Archives: Bookkeping

Behavioural Management Accounting Activity-based costing also de-emphasizes direct labor as a cost driver and concentrates instead on activities that drive costs, as the provision of a service or the production of a product component. while financial accountancy information is computed by reference to general financial accounting standards, management accounting information is computed by reference to…

Bookkeeping and Accounting: Difference, Process, Example Learn about the essential numerical skills required for accounting and bookkeeping. This free course, Introduction to bookkeeping and accounting, explains the fundamental rules of double-entry bookkeeping and how they are used to produce the balance sheet and the profit and loss account. The most important aspect of bookkeeping is…