The meaning of ACCOUNTING is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results; also : the principles and procedures of this system. How to use accounting in a sentence.
如题,tax year/accounting period/financial year的区别能详细讲讲嘛?最好能包括英国的制度和中国制度的差别,谢谢…显示全部 关注者1 被浏览64 关注问题写回答 邀请回答 好问题 添加评论 分享 暂时还没有回答,开始写第一个回答...
Company financial statements The primary output of the financial accounting system is the annual financial statement. The three most common components of a financial statement are the balance sheet, the income statement, and the statement of cash flows. In some jurisdictions, summary financial statement...
regulatory bodies, tax authorities, and other external parties rely on financial information; financial accounting ensures that reports are prepared using acceptable methods that hold companies accountable for their performance.
During the accounting cycle, many transactions occur and are recorded. At the end of the fiscal year, financial statements are prepared (and are often required by government regulation). For example, public entities are required to submit financial statements by certain dates. All public companies ...
Financial accounting is the process of recording, summarizing, and reporting a company’s business transactions through financial statements. These statements are: (1) the income statement, (2) the balance sheet, (3) the cash flow statement, and (4) the statement of retained earnings....
“recognize the amount of taxes payable or refundable for the current year” (i.e., current tax expense or benefit) and (2) “recognize deferred tax liabilities [DTLs] and assets [DTAs] for the future tax consequences of events that have been recognized in an entity’s financial statements...
Which accounts get closed at the end of a fiscal year? What is a natural business year? Why and how do you adjust the inventory account in the periodic method? Related In-Depth Explanations Accounting Basics Balance Sheet Financial Accounting Income Statement Mark the Question as Read...
必修课程都是在Year 2 的阶段在进阶一个层面,基本上完成ACCA 免试第二阶段的课程,例如Auditing。 也有一些比较有趣的新开课程比如Forensic Accounting等等。 其他基本上都是必修了。 Finance方向: 一些有趣的课程比如Behavioural Finance、Fina...
Profit is one of the most widely watched financial metrics in evaluating the financial health of a company. It is thefinancial gain or revenuegenerated from any business or investment activity in excess of any expenses, taxes, and any other costs. However, economic profits and accountin...