ACCOUNTING

PUBLISHED BY KEN DUNN - DUNWAY ENTERPRISES

ACCOUNTING: Chartered Accountant ACCOUNTING: language of business ACCOUNTING: making economic decisions ACCOUNTING: Practitioners of accountancy are known as accountants

Accountancy - Accountants - Accounting
Financial Accounting - Management Accounting

Double Your Forex Account In A Day EA and Course

The Double In A Day Forex EA / Course Is A New FX Robot That Lets Forex Traders Double Their Forex Account In 1 Trade At Very Little Risk. 

This FX Tool Converts Like Hot Cakes.

Easy Accounting for Investment Clubs

Simple And Effective Software For Running The Accounts Of An Investment Club. 

Very Little Competition In The Market For Similar Products, 

So Easy To Sell To Investment Club Members.

Forex Invest Bot - Real Live 3rd Party Verified Account

A Real Forex Robot That's 100% Automated. Trades Safely Using Advanced Volatility Strategy. 

No Hedging, No Grid, No Martingale. Based On A Core That's Survived Every Type Of Market Condition. 

Kungfu Pips Indicator Extended Edition

New For Forex! Kungfu Pips 2014 Indicator Has Generated Staggering Profits For Traders On All Currencies! 

Dead Simple To Use, Suitable For All Abilities, With Astoundingly Accurate Alerts.

Articles Relating to Business Accounting

Accountancy (profession) or accounting (methodology) is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies. The terms derive from the use of financial accounts.

Accounting (Definition) is a service activity. Its function is to provide quantitative information primarily financial in nature, about economic entities, that is intended to be useful in making economic decisions, and in making reasoned choices among alternative courses of action.

It is also the discipline of measuring, communicating and interpreting financial activity. Accounting is also widely referred to as the "language of business".

Financial accounting is one branch of accounting and historically has involved processes by which financial information about a business is recorded, classified, summarised, interpreted, and communicated; for public companies, this information is generally publicly-accessible. By contrast management accounting information is used within an organisation and is usually confidential and accessible only to a small group, mostly decision-makers. Tax Accounting is the accounting needed to comply with jurisdictional tax regulations.

Practitioners of accountancy are known as accountants. There are many professional bodies for accountants throughout the world. Many allow their members to use titles indicating their membership or qualification level.

Examples are Chartered Certified Accountant (ACCA or FCCA), Chartered Accountant (FCA, CA or ACA), Management Accountant (ACMA, FCMA or AICWA), Certified Public Accountant (CPA) and Certified General Accountant (CGA or FCGA).

Articles Relating to Business Accounting

Basic Accounting Principles

Articles:

Basic Accounting Principles

Accounting Principles

Bookkeeping

Careers

Profit and Loss

Bookkeeping Basics

Personal Accounting

Making a Profit

Assets and Liabilities

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity.

This function has two closely related phases:
1) measuring and arraying economic data; and
2) communicating the results of this process to interested parties."

As an example, a company's accountants periodically measure the profit and loss for a month, a quarter or a fiscal year and publish these results in a statement of profit and loss that's called an income statement.

These statements include elements such as accounts receivable (what's owed to the company) and accounts payable (what the company owes). It can also get pretty complicated with subjects like retained earnings and accelerated depreciation. This at the higher levels of accounting and in the organization.

Much of accounting though, is also concerned with basic bookkeeping. This is the process that records every transaction; every bill paid, every dime owed, every dollar and cent spent and accumulated.

But the owners of the company, which can be individual owners or millions of shareholders are most concerned with the summaries of these transactions, contained in the financial statement. The financial statement summarizes a company's assets.

A value of an asset is what it cost when it was first acquired. The financial statement also records what the sources of the assets were. Some assets are in the form of loans that have to be paid back. Profits are also an asset of the business.

In what's called double-entry bookkeeping, the liabilities are also summarized. Obviously, a company wants to show a higher amount of assets to offset the liabilities and show a profit. The management of these two elements is the essence of accounting.

There is a system for doing this; not every company or individual can devise their own systems for accounting; the result would be chaos!

RETURN TO MAIN CATEGORIES LISTING

Free Internet Marketing Courses

Recommend this site to a Friend

FREE GIFTS CLICK HERE

MAIN INDEX - ARTICLES LISTING
Average 10 articles per category

So please bookmark & keep coming back often!

From Amazon.com

IF YOU CAN'T FIND THE INFORMATION OR THE PRODUCT
THAT YOUR LOOKING FOR - CHECK OUT THE CLICKBANK CATALOGUE
Over 10,000 Products to Choose From!

Business to Business  -  Health & Fitness  -  Home & Family
Computing & Internet  -  Money & Employment  -  Marketing & Ads
Fun & Entertainment  -  Sports & Recreation  -  Society & Culture

If you're into Niche Resale Rights Products then check out my ebooks site
which has 120 + different ebook packages and still growing.

The Ultimate Recipe Collection [Cook Books]
CURRENTLY [57] DIFFERENT RECIPE E-BOOKS
CLICK HERE TO VIEW THE LIST

I'VE ALSO JUST FINISHED A SITE TOTALLY DEVOTED TO ...
'MASTER RESALE RIGHTS PRODUCTS'
CURRENTLY 83 DIFFERENT PACKAGES
DROP ON BY and HAVE A LOOK

Give to Family and Friends

Get them what they've always wanted.
(Even if you don't know what it is.)

Disclaimer | Privacy Policy | Terms Of Use

Business Accounting

DUNWAY.COM - DUNWAY.BIZ - DUNWAY.INFO - DUNWAY.US - DUNWAY.ORG

AUSSIE-SLANG.COM

Accountancy - Accountants - Accounting
Financial Accounting - Management Accounting