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Archive for November, 2011

WHAT IS MANAGEMENT ACCOUNTING? | MEANING | DEFINITION | DISCUSSION | SCOPE | FEATURES

If have ever asked the question ‘what is management accounting?’ you will understand that the generic answer that you will get is tilted towards giving you just definition. Most articles that have attempted to discuss what a management accounting is often ending up supply another definition to the already saturated definitional dictionary of managerial accounting. [...]

WHAT IS FEASIBILITY STUDY? |MEANING | DEFINITION | CHARACTERISTICS AND PROCESS

What is a feasibility study might sound like a simple question but when faced with the reality of carrying out a feasibility study, one quickly realise how demanding and complex it is to conduct a feasibility study. Feasibility study is probably one of the most used phrases in businesses and business schools. Yet not very [...]

WHAT IS FRAUD? | FINANCIAL AND NON FINANCIAL PERSPECTIVES

‘What is fraud?’ is the question that was put to me by a confused young man who was indicted for committing fraud. Fraud in the pure legal sense of it is any false representation of a matter of fact for personal gain- it does not matter how it is done. Fraud is the intentional deceptive [...]


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