finance

Debits and credits in accounting are used to record every business transaction. This guide explains debit and credit rules using the acronym “DEALER.”

The first step in financial reporting is recording business transactions. The business transactions are first recorded as journal entries. The goal of financial accounting is to issue financial statements.

Studying accounting can be intimidating. Accounting is the first business course for many college students. It is a difficult and challenging subject. Here are the top 10 tips to make an A in accounting.

There are several accounting concepts and assumptions that provide the foundation of accounting and finance. These accounting concepts are important to understand financial statements.

This guide shows the accounting careers, the certifications, including the CPA designation, and the professional associations in the financial industry. There are many accounting careers available in the financial industry for accounting graduates. Accountants work in many areas of public and managerial accounting.

Accounting is the language of business. Accounting is the process of recording, classifying, summarizing, and reporting financial information about an entity. The goal of accounting is to produce financial statements, including income statements and balance sheets, to provide information for decisions.