You can, in fact, become an accountant without an accounting degree. If your bachelor’s degree is in something other than accounting, having at least two years of work experience can qualify you to take the CMA exam. What degrees do you need to be an accountant? A Bachelor degree orRead More →
Yes, business premises a fixed asset. What is meant by premises in accounting? Answer: Premises refers to the building owned by the business / owner – it usually refers to the building from which the business being carried out. What are premises at cost? Premises Expenses means all costs, expensesRead More →
Stocks are financial assets, not real assets. Financial assets are paper assets that can be easily converted to cash. Real assets are tangible and therefore have intrinsic value. … An asset is something owned by an entity, such as an individual or business, that has value and can be usedRead More →
Accounting is not a dying field, the role of accounting is still in demand. It is projected that employment will grow 4 percent from 2019 to 2029. … Like many professional office-based roles, artificial intelligence and technology advancements will have an impact, re-defining roles. Is accounting a good career forRead More →
Primage, a commercial term signifying originally a small customary payment over and above the freight made to the master of the ship for his care and trouble. It is now generally included in the freight, as an additional percentage. It varies according to the usages of different ports and particularRead More →