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Regular accounting deals with creating a statement of accounts, books and record keeping and Managerial Accounting assignment help, On the other hand, primarily deals with the interpretation of the accounts created and support management in taking decisions involving expenditure or investment.
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Meaning of accounting Accounting is known to be a systematic and comprehensive study which helps in recording of different financial transactions that may occur in business. The approach which is used for activity based budgeting is that the planned volume of activity is deducted from the particular activity and through this the budget is prepared.
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One of the director of Nero Limited has raised a query with regard to this statement so this statement of director is partially right as the budget is prepared to estimate the income and expenses of Nero Limited for upcoming years but it cannot be determined what is expected to happen in next year as the budget only considers the financial values so the cash flows of Nero Limited can be forecasted so that the company can estimate its incomes and expenses but except financial terms what is doing to happen in next year cannot be forecasted through budget.
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About Management Accounting Management Accounting (also called managerial accounting) is the process of preparing management reports and accounts that provide accurate and timely financial and statistical information required by managers to make day-to-day and short-term decisions.
Tax Issues in Acquiring a Cypriot Company. Question A Greek tax resident individual entrepreneur (software engineer) considers acquiring % of the shares of a Cypriot company, established under Cypriot law, whose registered seat is in Limassol.
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