cost of capital
cost of capital and control accounting makes a speciality of use with the aid of management the recording of financial transactions, so that summaries of the financials may be provided in financial reports, is referred to maximum not unusual device. Economic accounting specializes in the reporting of an organization's economic information to external users of the facts, such as investors, capacity buyers and creditors. It calculates and facts business transactions and prepares monetary statements for the outside users according with normally universal accounting standards . Gaap, in turn, arises from the extensive agreement among accounting principle and exercise, and change over time to meet the desires of choice-makers Management accounting makes a speciality of the dimension, analysis and reporting of facts that may help managers in making selections to meet the goals of an organization. In management accounting, internal measures and reviews are primarily based on