Search results for: “Balance sheet/”
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Financial Accounting
Financial accounting includes information disseminated to parties that are not part of the enterprise proper—stockholders, creditors, customers, suppliers, regulatory commissions, financial analysts, and trade associations—although the information is also of interest to the […]
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Price of Energy
Hierarchical Display of Price of energy Energy > Energy policy > Energy policy > Energy audit Price of energy Concept of Price of energy See the dictionary definition of Price of energy. Characteristics of Price of energy [rtbs name=”xxx-xxx”] Resources Translation of Price of energy […]
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Price of Energy
Hierarchical Display of Price of energy Energy > Energy policy > Energy policy > Energy audit Price of energy Concept of Price of energy See the dictionary definition of Price of energy. Characteristics of Price of energy [rtbs name=”xxx-xxx”] Resources Translation of Price of energy […]
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Auditing
Of the various specialized areas of accounting that exist, the three most important are auditing, income taxation, and nonbusiness organizations. Auditing is the examination, by an independent accountant, of the financial data, accounting records, business documents, and other pertinent […]
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Auditing
Of the various specialized areas of accounting that exist, the three most important are auditing, income taxation, and nonbusiness organizations. Auditing is the examination, by an independent accountant, of the financial data, accounting records, business documents, and other pertinent […]
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Financial Requirements
Hierarchical Display of Financial requirements Business And Competition > Management > Financial management Financial requirements Concept of Financial requirements See the dictionary definition of Financial requirements. Characteristics of Financial requirements [rtbs name=”xxx-xxx”] […]
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Reptile
Hierarchical Display of Reptile Environment > Natural environment > Wildlife > Animal life Concept of Reptile See the dictionary definition of Reptile. Characteristics of Reptile [rtbs name=”xxx-xxx”] Resources Translation of Reptile Spanish: Reptil French: Reptile German: Reptil Italian: […]
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Financial Reporting
Traditionally, the function of financial reporting was to provide proprietors with information about the companies that they owned and operated. Once the delegation of managerial responsibilities to hired personnel became a common practice, financial reporting began to focus on stewardship, […]
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Financial Reporting
Traditionally, the function of financial reporting was to provide proprietors with information about the companies that they owned and operated. Once the delegation of managerial responsibilities to hired personnel became a common practice, financial reporting began to focus on stewardship, […]
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Bookkeeping
Bookkeeping Information Personal record keeping often uses a simple single-entry system, in which amounts are recorded in column form. Such entries include the date of the transaction, its nature, and the amount of money involved. Record keeping of organizations, however, is based on a […]
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Bookkeeping
Bookkeeping Information Personal record keeping often uses a simple single-entry system, in which amounts are recorded in column form. Such entries include the date of the transaction, its nature, and the amount of money involved. Record keeping of organizations, however, is based on a […]
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Assets and Liabilities
Assets and Liabilities Assets and Liabilities Definitions Assets and Liabilities are terms used in economics and accounting. Assets represent property or rights to property and liabilities are debts owed to others. Assets and liabilities together determine the wealth of an individual, a firm, or a nation. In Accountancy An entity’s wealth is measured as of…
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Income Statement
The Income Statement The traditional activity-oriented financial statement issued by business enterprises is the income statement. Read about income statement herePrepared for a well-defined time interval, such as three months or one year, this statement summarizes the enterprise’s revenues, expenses, gains, and losses. Revenues are transactions that represent the inflow of assets as a result…
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Accounting Principles
Accounting Principles Accounting as it exists today may be viewed as a system of assumptions, doctrines, tenets, and conventions, all encompassed by the phrase “generally accepted accounting principles.”Many of these principles developed gradually, as did much of common law; only the accounting developments of recent decades are prescribed in statutory law. Following are several fundamental…
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Accounting for Nonbusiness Organizations
Accounting for Nonbusiness Organizations Accounting for nonbusiness organizations, such as universities, hospitals, churches, trade and professional associations, and government agencies, is an important specialized areas of accounting. These organizations differ from business enterprises in that they receive resources on some nonreciprocating basis (that is, without paying for such resources), they do not have a profit…