Financial Accounting Management free videos and free material uploaded by PROMPT INFOTECH staff .
Introduction to Accounting
Fundamentals of Accounting
GAAP – Rues of Accounting
Roles of FASB and SEC
Financial Statements
Accounting Cycles - Recording Transactions
Process of Accounting Cycles
Self Balancing Ledgers
Accounting for a Merchandising company
Short – term financial assess
Inventories
Long – term Assets – Property
Pant & Equipped and Intangible assets
Liabilities – Current and Long term
Stock holders Equity Contributed capital
Statement of Cash flows
Cash flow Analysis
Cash & fund flow Assessment
Financial Statement Analysis
Budgetary control
Standard costing
Financial Accounting is a systematic tracking of company's financial transactions. The transactions are recorded, summarized, and presented in Financial Statement of Accounts which is a technical publication which provides a view of the income and expenditure for the year. Financial accounts are part of the company’s accounting system. Companies often use accounting as a way to keep score. Small businesses often find it important to keep score since accurately tracking financial information is the best way to determine the effectiveness and efficiency of their operations. Financial accounts can also provide historical records for making future business decisions.
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