Concept

Environmental Education: Aim, Principles, and Concept

Environmental education (EE) concerns with those aspects of human behavior which are more directly related to man’s interaction with the…

7 years ago

EVA (Economic Value Added): Definition, Calculation, and Implementation!

Economic Value Added (EVA) is a value-based financial performance measure, an investment decision tool and it is also a performance measure…

7 years ago

Value Added: Definition, Beneficiaries, and Uses!

Learn, Explain Value Added: Definition, Beneficiaries, and Uses!  The traditional basic financial statements are balance sheet and Profit & Loss account. These statements generate and provide…

7 years ago

Value Added Statements: Definition, Advantages, and Disadvantages!

Learn, Explain Value Added Statements: Definition, Advantages, and Disadvantages!  The main thrust of financial accounting development in the recent decades has…

7 years ago

What is the Cost Accounting Information System?

Cost Accounting Information System (CAIS) is an accounting information system that determines the costs of products manufactured or services provided…

7 years ago

What are the Role and Duties of the Management Accountant?

Management Accountant is an officer who is entrusted with the Management Accounting function of an organization. He plays a significant role…

7 years ago

Cost Accounting: Objectives, Nature, and Scope

Cost accounting examines the cost structure of a business. It does so by collecting information about the costs incurred by…

7 years ago

What is the Concept of Accountability in Financial Management?

Accountability has different forms. First, the individualizing form of accountability can be studied in which the accountability contributes to making…

7 years ago

Marketing Concept: Features, Importance, and Benefits!

Learn, Explain Marketing Concept: Features, Importance, and Benefits! The Marketing Concept is the philosophy that firms should analyze the needs of their customers…

7 years ago

What is the Concept of Corporate Planning?

Learn and Explain, What is the Concept of Corporate Planning? A plan is a predetermined course of action to be taken…

7 years ago