Seeking Accounting Homework Help Online

Accounts have always been considered as a difficult and tricky subject

. Most of the students who take commerce after high school are left high and dry when they have to undertake this subject. Its definition sums the complicated nature of this subject.

Many students need Accounting help in subject like Financial Accounting, Cost Accounting, Accounting Theory, Decision Making or US GAAP homework question and are seeking an an expert advise online.

Accounting can be divided into three major categories:

1. Financial Accounting

2. Cost Accounting

3. Management Accounting

Financial accounting: - Financial Accounting is primarily concerned with record-keeping directed towards the preparation of profit and loss account and balance sheet. The main purposes of financial accounting are:

> Recording of the transactions concerning and affecting the business

> Preparation of necessary accounts and balance sheet as required by statutes

> Apprising the owners of the business about the results of the business, over a period of time.

Cost accounting: - Cost Accounting is the process of accounting for costs. It is a systematic procedure for determining the unit cost of output produced or services rendered. The primary functions of cost accounting are to ascertain the cost of a product and to help the management in control of cost.

In short, cost accounting is the branch of accounting which deals with the classification, recording, allocation, summarization and reporting of current and prospective costs.

Both financial and cost accounting is concerned with the accumulation and presentation of information to serve the needs of management and outsiders.

Management accounting: - Management accounting is the reproduction of final accounts in such a manner, as will enable the management to take decisions and to control activities. It covers the accounting methods, systems and techniques which, coupled with special knowledge and ability, assist management in its task of maximizing profit or minimizing losses.

Your account assignment help is referred to the specialist in the given areas who have the knowledge of subjects covered under the mentioned areas, ensuring you the required delivery of your account assignment help.

Online Tutoring is the most often employed and preferred method of getting online accounting help. TutorsonNet enables the tutor and student to discuss questions and answers in real-time. This service is best for students who need extensive tutoring in a specific subject area..

by: John Smith01

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