Ethics, profession, Fraud, and internal controls are related topics that we will touch on here and are also very large topic in themselves. We will talk about ethics as it relates to the profession of accounting, both financial accounting and managerial accounting. Ethics is a subject that has been student as far back as we […]

The post 100.8 – Ethics, Profession, & Fraud appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Flexible Budgets help to measure performance in an accounting and business system, comparing actual results to budgeted or standard amounts to increase accountability using variable costs and fixed costs.

The post 2300 – Cost Variance Analysis, Flexible Budgets, & Standard Costs appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Budgets and the budgeting process is part of planning and has impact on planning and performance of all areas of an organization

The post 2200-Master Budget appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).

Cost volume profit analysis is a form of cost accounting or managerial accounting, the idea being to break costs down by their behavior of variable costs and fixed costs, using this to create a contribution margin income statement, a much more flexible tool for projections

The post 2100-Cost Accounting Cost Volume Profit Analysis appeared first on Accounting Instruction, Help, & How To (Financial & Managerial).