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…
Concept
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…
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…
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…
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…
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…
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…
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…
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…
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…