Category finance

Recording Business Transactions

recording business transactions

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.

Accounting Concepts

accounting concepts

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

Accounting Careers and Certifications

accounting careers

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…

Introduction to Accounting

intro to 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…