Z-Trend Analysis
Z-trend analysis uses statistical standardisation (z-scores) to identify deviations from normal performance in financial data. It helps accountants and auditors detect anomalies, such as unusual transactions or outlier trends, supporting fraud detection and financial risk assessment.
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Zero Defect Accounting
Zero defect accounting applies quality management principles to financial reporting, aiming for error-free entries and reconciliation. It focuses on preventive…
Zonal Costing
Zonal costing involves calculating and comparing costs incurred across different operational zones or branches of a company. It assists management…
Zero Variance
Zero variance occurs when actual financial outcomes perfectly match budgeted or standard figures. While rare in practice, it signifies accurate…
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