IMPACT OF CHANGES ON BUSINESS PROCESSESS PRIMARY CHANGES Process of recording transactions Form of accounting Records Use of loose-leaf Stationaries Use of accounting code Absence of link between transactions   RECENT CHANGES Current trends & innovations   explain briefly and give example

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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IMPACT OF CHANGES ON BUSINESS PROCESSESS

  1. PRIMARY CHANGES
  • Process of recording transactions
  • Form of accounting Records
  • Use of loose-leaf Stationaries
  • Use of accounting code
  • Absence of link between transactions

 

  1. RECENT CHANGES
  • Current trends & innovations

 

explain briefly and give example

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