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Financiopedia
An educational website on accounting and finance
  • Financial Accounting
    • Basics of accounting
    • Double-entry accounting system
    • Accounting cycle
    • Accounting principles
    • Bookkeeping
    • Accounting of assets
    • Property, plant and equipment
    • Financial instruments
    • Inventory
    • Accounts receivable
    • Accounting of liabilities
    • Accounting of income
    • Accounting of expenses
    • Financial statements
    • Ratio analysis
  • Management Accounting
    • Introduction to management accounting
    • Introduction to costs
    • Material and labour costs
    • Marginal and Absorption Costing
    • Inventory valuation
    • Inventory management
    • Costing systems
    • Budgeting
    • CVP analysis
  • IFRS
    • IFRS 15 – Revenue from contracts with customers
    • IFRS 9 – Financial Instruments
  • About Us

Month: April 2022

What is management information?

April 29, 2022 Khayyam Javaid, ACA

All businesses try to manage their operations as efficiently as possible in order to meet their goals and objectives. For…

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Posted in: Introduction to management accounting, Management Accounting

Common business transactions

April 1, 2022 Khayyam Javaid, ACA

Generally, any instance of buying and selling something is considered a business transaction, which is true, but half true. Business…

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Posted in: Introduction to management accounting, Management Accounting

Integrated vs interlocked accounting systems

Khayyam Javaid, ACA

There are two types of systems for doing accounting, integrated system and interlocking system. Integrated system maintains a single set…

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Posted in: Introduction to management accounting, Management Accounting

Cost accounting vs financial accounting

Khayyam Javaid, ACA

Let’s see the definitions of cost accounting and financial accounting before discussing some other differences. Definitions

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Posted in: Introduction to management accounting, Management Accounting

Recent Posts

  • Direct Cost vs Indirect Cost
  • What is overheads absorption rate (OAR)
  • Reapportionment of overheads

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    Financiopedia
    • Financial Accounting
      • Basics of accounting
      • Double-entry accounting system
      • Accounting cycle
      • Accounting principles
      • Bookkeeping
      • Accounting of assets
      • Property, plant and equipment
      • Financial instruments
      • Inventory
      • Accounts receivable
      • Accounting of liabilities
      • Accounting of income
      • Accounting of expenses
      • Financial statements
      • Ratio analysis
    • Management Accounting
      • Introduction to management accounting
      • Introduction to costs
      • Material and labour costs
      • Marginal and Absorption Costing
      • Inventory valuation
      • Inventory management
      • Costing systems
      • Budgeting
      • CVP analysis
    • IFRS
      • IFRS 15 – Revenue from contracts with customers
      • IFRS 9 – Financial Instruments
    • About Us