Monday, April 12, 2021
Accounting Basics
Accounting

Accounting Basics

Accounting refers to the systematic process of categorizing, recording, classifying, calculating, and summarizing financial data. An accountant is responsible for preparing reports, which include cash flows and income statements. These reports are called accounts-in-residence or…

Key Concepts of Accounting
Accounting

Key Concepts of Accounting

In accounting, double-entry bookkeeping is a procedure of record keeping whereby each entry for a particular account requires a matching and opposite entry for another account. The double-entry consists of two equal and opposite sides…

Accounting Basics
Accounting

Accounting Basics

Accounting or accountancy is the measurement, interpretation, and communication of information about non-financial and financial subjects including corporations and businesses. It involves the systematic recording, measurement, reporting, management reporting and control of financial transactions. The…