Tag Archives | Financial Accounting

Essay on Accounting: Meaning, Functions, Importance, Principles and Limitations

Essay on Accounting :- 1. Introduction to Accounting 2. Meaning of Accounting 3. Functions 4. Importance 5. Systems 6. Principles 7. Concepts 8. Accounting Conventions 9. Limitations. Contents: Essay on the Introduction to Accounting Essay on the Meaning of Accounting Essay on the Functions of Accounting Essay on the Importance of Accounting and its Users Essay on the Systems of [...]

By |2018-08-01T10:47:23+00:00August 1, 2018|Accounting|Comments Off on Essay on Accounting: Meaning, Functions, Importance, Principles and Limitations

Accounting Standards: Introduction, Procedure, Compliance and Scope | Financial Accounting

In this article we will discuss about:- 1. Introduction to Accounting Standards 2. Indian Accounting Standards 3. Auditors 4. Procedure 5. Compliance 6. Scope 7. Applicability. Contents: Introduction to Accounting Standards Indian Accounting Standards Accounting Standards and Auditors Procedure for Issuing Accounting Standards Compliance with Accounting Standards Scope of Accounting Standards Accounting Standards and their Applicability 1. Introduction to Accounting [...]

By |2018-08-01T10:47:23+00:00August 1, 2018|Accounting Standards|Comments Off on Accounting Standards: Introduction, Procedure, Compliance and Scope | Financial Accounting

Preparation of Final accounts with Adjustments | Financial Accounting

Preparation of Final accounts with Adjustments! The reporting information will not be accurate unless we take into consideration the adjustment entries. The treatment of various common adjustments such as closing stock, outstanding expenses, accrued incomes, prepaid expenses, incomes received in advance, bad debts, reserve for bad and doubtful debts, reserve for discount on debtors, reserve for discount on creditors, interest [...]

By |2018-08-01T10:47:23+00:00August 1, 2018|Final Accounts|Comments Off on Preparation of Final accounts with Adjustments | Financial Accounting
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