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Financial Accounting. Greg Gleeson, CPA, CFA Chief Operating Officer- GROW Partners, LLC email@example.com. Why are Financial Statements Important?. Financial Health of Company Track Record of Management Independently Audited & Objective Ease of Comparison Across Companies
Financial Accounting. Measures Processes Communicates…… Financial information to decision makers. Accounting. Individuals Businesses Investors Creditors Taxing Authorities. Decision Makers. Financial Accounting.
For running a business, the two main types of accounting operations are financial and managerial accounting. The key difference between these two is that financial accounting is aimed at providing information to people outside the company. Whereas, managerial accounting is aimed at helping the management within the organization to make crucial decisions.
Financial Accounting. Control of Financial Statements Dr. Clive Vlieland-Boddy FCA FCCA MBA . Recommended Reading. Chapters 1-9. Why Produce Financial Statements. Enables management to communicate to stakeholders how well they have done. Enables evaluation of achievements.
Financial Accounting. Spring 2013 Sias International University. Where are we now?. Chapter 1 and 2 – The general view of the financial statement,( like taking a non-stop train to bei jing .) we also talked about Journal entries, the debit and the credit J.E. =Debit(Dr) Cash $XXX
FINANCIAL ACCOUNTING. To measure is to manage. Financial Accounting Management Accounting Financial Management Cost Accounting. Financial Accounting and its role in business decisions Capital maintenance Productive capital Profitable operations
Prof. H. U. Padwal T.Y.B.COM. V- Sem. FINANCIAL ACCOUNTING. Amalgamation, Absorption and External Reconstruction of Companies. AMALGAMATION.
FINANCIAL ACCOUNTING. CHAPTER 1 CONSIGNMENT ACCOUNTS Consignment means sending of goods by one merchant to the agent for sale in which the sole risk remains with the sender.
FINANCIAL ACCOUNTING. CORE CONCEPTS. Financial statements, who can use them?. Mangers Enterpreneurs Investors Lenders Suppliers Customers Tax authorithies Employees Goverments Competitors. Conceptual framework. Main users of financial statements are investors
FINANCIAL ACCOUNTING. Robert Libby Patricia A. Libby Daniel G. Short George Kanaan Maureen Gowing. Chapter 1. Financial Statements and Business Decisions. Balance Sheet. Income Statement. Stakeholders. The Objectives of Financial Accounting.