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Focusing on the principles of financial accounting, this book explores the systematic tracking of financial transactions within a company. It details the two primary methods—cash and accrual—both grounded in double-entry accounting. The text emphasizes the creation of general-purpose financial statements, aiding management in decision-making and regulatory compliance. Additionally, it distinguishes between accounting and finance, highlighting accounting's role in daily monetary management versus finance's broader asset and liability oversight.
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FINANCIAL ACCOUNTING, Derese Alehegn
- Lingua
- Pubblicato
- 2021
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- (In brossura)
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- Titolo
- FINANCIAL ACCOUNTING
- Sottotitolo
- FINANCIAL ACCOUNTING
- Lingua
- Inglese
- Autori
- Derese Alehegn
- Pubblicato
- 2021
- Formato
- In brossura
- Pagine
- 348
- ISBN13
- 9786202814874
- Serie
- Descrizione
- Focusing on the principles of financial accounting, this book explores the systematic tracking of financial transactions within a company. It details the two primary methods—cash and accrual—both grounded in double-entry accounting. The text emphasizes the creation of general-purpose financial statements, aiding management in decision-making and regulatory compliance. Additionally, it distinguishes between accounting and finance, highlighting accounting's role in daily monetary management versus finance's broader asset and liability oversight.