What is Financial Accounting, Objectives of Accounting, Limitations of Accounting, Role of Accounting. Differences between Accounting and Book-Keeping, Objectives of Accounting.
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,...
Accounting Assumptions in Accounting; Accounting entity Assumptions, Money measurement Assumptions, Going concern Assumptions and Accounting period Assumptions.
Analysis and interpretation of financial statements are an attempt to determine the significance and meaning of the financial statement data. so that a forecast can be made of the prospects for future earnings ability...
Financial accounting deals with recording and analysis of financial results of transactions as a means of arriving at a measure of organization's success and financial soundness.
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.
Use of Accounting; Meaning of Accounting, Definition of Accounting and Characteristics of the Accounting. American Accounting Association definition of Accounting.
Management Accounting sets the directions of the company via cost control measures. It seeks to maximize the use of company resources through competent methods in decision making processes.
Accounting can be very complex, but many of the concepts follow simple logic. This hub talks about the accounting process and explains everything from recording journal entries to creating financial statements such as a...
Basic accounting principles; The basic accounting principles are Duality, Revenue Recognition Principle, Historical Cost Principle, Matching Principle, Full Disclosure Principle and Objectivity.