Accounting & Financial Statements
Basic accounting principles; The basic accounting principles are Duality, Revenue Recognition Principle, Historical Cost Principle, Matching Principle, Full Disclosure Principle and Objectivity.
What is Financial Accounting, Objectives of Accounting, Limitations of Accounting, Role of Accounting. Differences between Accounting and Book-Keeping, Objectives of Accounting.
Free Cash Flow to Equity measures how much cash can be paid to equity stockholders of the firm after all expenses are deducted along with reinvestment and debt repayments.
Financial statements analysis is an essential tool to the company since it ensures that it adheres to accounting standards by providing accounting regulatory agencies with an understanding regarding whether the company...
Basic Terms used in Accounting, basic accounting terms, Profit and Loss Statement, Balance Sheet. Accounting Equation, Assets, Liabilities, Capital, Sales. Expenses and Revenues. Expenditure. Loss, Income and Profit,...
Use of Accounting; Meaning of Accounting, Definition of Accounting and Characteristics of the Accounting. American Accounting Association definition of Accounting.
Accounting Assumptions in Accounting; Accounting entity Assumptions, Money measurement Assumptions, Going concern Assumptions and Accounting period Assumptions.
The modern technology has enabled the accounting department in Eliminating the redundancy, Reducing the number of people involved in processing of transaction by removing the unnecessary control points, etc
What accounting is, why it is important, and its uses.
Learning how to properly prepare financial statements is important for all companies, whether small business or big business...
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