Basics 1 min read
Accounting Analysis
Comparative analysis and interpretation of accounting data is called Accounting Analysis. When accounting data is expressed in relation to some…
THE ARCHIVES
Author: Boomi Nathan.
J. BoomiNathan is a writer at SenseCentral who specializes in making tech easy to understand. He covers mobile apps, software, troubleshooting, and step-by-step tutorials designed for real people—not just experts. His articles blend clear explanations with practical tips so readers can solve problems faster and make smarter digital choices. He enjoys breaking down complicated tools into simple, usable steps.
Basics 1 min read
Management Accounting – Ratio Analysis
Ratio is an expression of relationship between two or more items in mathematical terms. Exhibition of meaningful and useful relation…
Basics 2 min read
Cash Flow Indirect Method
● Two Balance Sheet requires. ● No need of Profit & Loss account in Indirect Method. ● Non Cash Item require. ● We need…
Basics 2 min read
Non-Cash Transactions
Some investing and financing activities do not have any direct impact on cash flows. For example, conversion of debt to…
Basics 2 min read
Treatment of Some Typical Items
The treatment of some typical cash flow items is discussed below. Extraordinary Items Inflow or outflow of cash is classified…
Basics 3 min read
Classification of Cash Flows
According to AS-3 (Revised), cash flows should be classified in three main categories: ● Cash Flow from operating activities ● Cash Flow…
Basics 4 min read
Management Accounting – Cash Flow
It is very important for a business to keep adequate cash in hand to meet day-to-day expenditures and to invest…
Basics 2 min read
Management Vs. Financial Accounting
All monetary transactions are recorded in the books of accounts on historical cost basis. Financial statements are prepared to ascertain…
Basics 2 min read
Management vs. Cost Accounting
Management accounting collects data from cost accounting and financial accounting. Thereafter, it analyzes and interprets the data to prepare reports…
Basics 2 min read
Objectives of Management Accounting
Let us go through the objectives of management accounting: Planning and Formulating Policies In the process of planning and formulating…
Basics 3 min read
Characteristics of Management Accounting
Management accounting provides data to the management on the basis of which they take decisions to achieve organizational goals and…
Basics 1 min read
Management Accounting – Introduction
Institute of Chartered Accountants of England and Wales defines management accounting as: Any worm of accounting which enables a business…