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Managerial Accounting

A Complete explanation to Value-chain Analysis in Accounting

Adam Smith -
Value chain analysis is a technique that can be used to analyze the marketing strategy of a company. It helps marketers understand how their company is related to other companies in the industry
Managerial Accounting

The Complete Guide to Transfer Pricing in Accounting

user -
Transfer pricing is the price at which a company buys or sells products from or to other companies within the same corporate group.
Managerial Accounting

What is GAAP in accounting?

user -
GAAP is an acronym for Generally Accepted Accounting Principles, which are a set of guidelines that public accounting firms use to maintain the integrity of financial statements
Managerial Accounting

What is a Balanced Sheet? And Why is it So Important in Accounting

eva leung -
An income statement is a financial document that summarises the company’s revenues, expenses, and net income for a given period of time while the cash flow statement is a financial document that provides information on how cash flows through an organisation over a period of time. 

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