Accounting

The introduction of the current purchasing power (CPP) method is one of the greatest revolutions in the field of accounting. C.P.P. is also known as…

Current Purchasing Power (CPP) Method The introduction of the current purchasing power (CPP) method is one of the greatest revolutions in the field of accounting.…

Current Purchasing Power (CPP) is a form of accounting that measures profit after allowing for the maintenance of the purchasing power of the shareholders’ capital.…

Current Purchasing Power Method (C.P.P.) is also known as General Price-Level Accounting. CPP method is useful for finding out the real financial position of an…

Current Purchasing Power Method (C.P.P.) is also known as General Price-Level Accounting. CPP methods, financial statements prepared under historical cost accounting are re-stated by using…

This system takes into account price changes relevant to the particular firm or industry rather than the economy as a whole. The system concerns operating…

The Current Cost Accounting (CCA) method is based on the concept that a business enterprise is a going concern that is continuously replacing its assets.…

Current Costing Accounting (CCA) Approach The current costing method is an alternative to the current purchasing power (CPP) method. The financial accounting term’s current cost…

Net Concept of Working Capital Net working capital is the difference between a business’s current assets and its current liabilities. According to the net concept,…

Marginal revenue (MR) is the rise in revenue that comes from the selling of an additional unit of production, also known as ‘marginal benefit.’ It…

Gross Concept of Working Capital Gross working capital refers to the total current asset quantum possessed by a company at any given point in an…

Working Capital is the difference between a company’s current assets, such as cash, accounts receivable, and inventories of raw materials and finished goods, and its…