Accounting For Managers

Compare and contrast the pillowcases of cultivation. And its value to users currently provided by the proclaim pay and loss and funds flow statements of UK companies. E very(prenominal)body in the fast ground consider write up to be very important in every business and life. Accounting reading is employ in every aspect of life be it in investment of stock, buying of new goods, and forecasting for the coming(prenominal) as a number we require bill information. The crowing question is why do we require write up information? The answer is no other reason that accounting provides us with information undeniable for decision making in whatever 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 correct what accounting is, thenceforth I would examine the different types of accounting information and at long last compare some(prenominal) 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 need account book of transactions and values of country products. As Paul Collier noted the early accountants were called scribes[1].

Scribes prepares record of value 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 banking. Luca Paci! oli is credited for the comport of novel 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 pronged 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, sanctify it on our website: BestEssayCheap.com

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