Sunday, February 15, 2009

PAPER MANAGEMENT ACCOUNTING AND FINANCIAL ACCOUNTING

DEFINITION AND MANAGEMENT ACCOUNTING FINANCIAL ACCOUNTING
Accounting management is the discipline related to the use of accounting information by management and internal parties for purposes other product costing, planning, control and evaluation, and decision-making. The general instructional objectives of this course is expected to evaluate students and engineer the management accounting systems that match the operating conditions and organizational strategies.

Financial accounting is part of the accounting related to the preparation of financial statements for external parties, such as shareholders, creditors, suppliers, and government. The main principles used in financial accounting is the accounting equation (Assets = Liabilities + Equity)..........  

Tuesday, February 10, 2009

UNDERSTANDING INFLATION and HOW to OVERCOME INFLATION

Understanding inflation and how to overcome Inflation
Understanding Inflation. Inflation can be defined as the tendency of rising prices of goods and services generally held constant due to unequal flow of goods and the flow of money.
From this we can see the condition of a country that is experiencing inflation, namely:
1. Prices of goods in general will rise continuously
2. the money supply exceeds demand
3. value for money has decreased
The emergence of Inflation