Odd as it may seem, as a financial concept the term bottom-line has only been around for about forty years […]
Tag: Accounting
Branches of Accounting, Uses of Accounting and Limitations of Financial Accounting
Accounting vs. Book-keepingBook-keeping concerns itself with the recording (correctly and in a set of books) of those transactions that result […]
Important Notes for Financial Accounting Services
Financial accounting is providing information such as balance sheet, profit and loss accounts for taking financial decision. It could be […]
Accounting Outsourcing Services Can Increase Your Profit Margin
Accounting outsourcing services plays an important role in the world of finance and accounting. Today there is intense competition in […]
Accounting Verification by Trial Balance, Preparation of Trial Balance
By now you should have observed that for every debit entry that is given to an account, or for every […]
Rectification Of Accounting Errors
Accountants prepare trial balance to check the correctness of accounts. If total of debit balances does not agree with the […]
Accounting Conventions and Accounting Concepts
(1) Relevance The convention of relevance emphasizes the fact that only such information should be made available by accounting as […]
Definition and Objectives of Bookkeeping and Accounting Systems
Accounting is defined as “the art of recording, classifying and summarizing in terms of money transactions and events of financial […]
Importance Of Data In Accounting And Parties Interested In Accounting Information
The term “data” refers to primary details or numerical facts relating to an event or transaction. Data is stored and […]
Professional Accounting Services: 10 Reasons Every Business Needs Them
Running a business requires hard work with managers and small business owners doing a wide array of job roles. Often […]
- 1
- 2