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Financial Accounting

1. Introduction 2. Final Accounts 3. Bill of Exchange 4. Depreciation 5. Royalty and Insurance

Abinaya Raju | Author Level 1

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What you will learn

  • Journals

  • Ledgers

Financial accounting is the process of recording, summarizing, and reporting a company's business transactions to create financial statements, such as the income statement, balance sheet, and cash flow statement. These statements provide external stakeholders like investors, lenders, and regulatory bodies with a consistent and reliable view of a company's financial health, performance, and position over a period of time. Financial accounting adheres to standards like Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) to ensure comparability and transparency

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Meet Your Instructor

Instructor
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0 Students
Author Level 1
1 Courses
About Instructor

Graduated in M.com,BEd with NET and SET

video

Free

  • Course Duration
    0
  • Course Level
    Medium
  • Student Enrolled
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  • Language
    English
This Course Includes
  • 0 Video Lectures
  • 0 Quizzes
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  • 0 Downloadable Resources
  • Full Lifetime Access
  • Certificate of Completion