Teaching Of Commerce

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Anmol Publications Pvt. Limited, Oct 1, 2002 - 294 pages
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This Book Primarily Deals With The Methodology Of Teaching Of Commerce And Lays Stress On The Fundamentals Of Modern Philosophy Of Education. Stress Has Been Laid In The Text On The Specific Techniques In Commerce Teaching. It Highlights The Scope Of Formal Teaching Techniques And Also Points Out Their Limitations. Detailed Discussion About Various Teaching Aids In Commerce Has Been Included To Emphasis Their Importance In Teaching Of Commerce.

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Relation of Accounting with other subjects
By EduNote.info On March 27, 2015 In Accounting, Notes Leave a comment
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Accounting is a dynamic and applied subject. Even though it is a independent study, it has relationship with other subjects.
The subjects with the its relations are very much close are discussed below;
Accounting and Management
Accounting and Management are very closely related. Because management depends entirely on Accounting as information store in making decisions in financial affairs.
Relation of Accounting with other subjects
Accounting provides all kinds of financial information in project planning and implementation of a business concern.
As a result the management can take decisions comfortably regarding project planning and implementation.
The scope of Management is extended from individual life to the various field of social life. The overall development of trading, non-trading, government, semi-government, autonomous bodies etc. depends on management.
In- the modem age the responsibilities of making decisions, planning and management have been shifted from owners to professional managerial persons.
For this reason all functions of managers are directed to the development of business concern.
In this respect Accounting helps the management in taking timely decisions, interpreting and analyzing overall and information – based matters.
Managers cannot take the best and most dynamic course of action for their respective business concerns without the information based financial statements and other statements of accounts.
As a matter of fact, the success of management fully depends on accounting information.
Accounting and Economics
The relation of Economics with Accounting is very close. Economics is a science related to human activities to fulfill demand with limited wealth.
Economics analyses how people earn and spend, how purchasers and sellers behave under different circumstances etc.
On the other hand Accounting records transactions of income and expenditure measurable in terms of money and provides necessary and relevant information to purchasers and sellers for taking decisions. Economics studies the behaviors of buyers and sellers as a whole.
On the other hand Accounting provides all required financial information to individual buyers and sellers for taking economic decision.
So, these two subjects are interrelated. In this perspective bringing about a synthesis between the concept of economics and accounting, the concept of social sciences is being applied. .
Accounting and Mathematics
Accounting and Mathematics are closely related. Accounting is the language of business. On the other hand Mathematics is the language of Accounting. At different stages of accounting addition, subtraction, multiplication and division of arithmetic are applied.
Accounting expresses all its transactions and events of financial changes in the language of mathematics. At all stages of accounting i.e. in preparing journal, ledger, trial balance and financial statements mathematical principles are applied.
For this reason the processes of keeping accounts become easy and short. So, Mathematics is an indispensable part of Accounting.
Accounting and Computer Science
There is a close and effective relationship between Accounting and Computer Science. The word “computer
 

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