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How to Prevent Creative Accounting
Creative accounting is typically a term that is used euphemistically to describe bookkeeping and accounting practices that involve positioning assets to make things look differently than they...
How to Define Accounting Ethics
Ethics are an important cornerstone of every successful business, and accounting ethics refer to the ethical management of money, resources and people. Find out how poor ethics can lead to large...
Understanding Accounting Basics
The basic principles of accounting include historical costs, accrual accounting, matching concepts, consistency and revenue recognition. Learn these basic principles with helpful information from...
What Is It Like to Be an Accountant?
Being an accountant depends on the field of work, which could be tax accounting, public accounting, internal auditing or internal reporting. Learn about the different areas of accounting with...
What You Can Do With an Accounting Major
An accounting degree is useful for those going into auditing, tax accounting, investing and private practice. Find out how to use an accounting degree with helpful information from a practicing...
What Financial Steps Are Used in an Accounting Cycle?
Financial steps for an accounting cycle include posting journal entries to sub-ledgers, posting sub-ledgers to the general ledger, preparing, adjusting and closing entries and preparing the...
Teaching Ethics in Accounting
In accounting, ethics is important because it involves making sure that all reports of financial data for a company are done in a compliant manner. Find out how companies get in trouble when they...
Basic Financial Accounting
A person should be able to understand the basics of financial accounting in order to run a budget and keep her finances secure. Get to know individual assets and liabilities with help from a...
Defining Accounting Terms
Defining accounting terms is important for both accountants, as well as the business person, so that they can speak in the same language. Learn the importance of budget, profit-and-loss...
About Accounting Balance Sheets
The balance sheet for accounting statements is a financial report that lets people know what the value is of a company or an individual. Discover how balance sheets are divided into assets,...
About Balance Sheet Management Accounting
Managing financial statements or balance sheets is only as good as the available information, as managers need to have an understanding of what a company is built out of, what the company owns,...
Types of Accounting
Different types of accounting include governmental accounting, non-profit accounting, public accounting, operational accounting and tax accounting. Focus on different areas of accounting in public...
How to Become a CPA
Becoming a CPA, or certified public accountant, requires meeting education requirements, passing the CPA exam and fulfilling work requirements in audits and liability accounting. Check individual...
What Are the Requirements for Taking the CPA Exam?
The requirements for taking the CPA exam will vary from state to state, but they generally include having a certain number of education credits in accounting or business studies. Contact the state...
Types of Accounting Careers
Accounting careers can include public accounting as an external auditor, governmental accounting, accounting for a commercial entity or working in financial analysis. Consider getting into tax...
Analyzing Financial Statements
Analyzing financial statements requires looking at several common finance ratios, such as gross margin ratio, operating margin and profit margin. Find out how to determine each accounting ratio in...
Specialized Fields of Accounting
Specialized fields of accounting include fund accounting, working with external financial statements, operational accounting, tax accounting or budget preparation. Decide whether to work in the...
How to Prepare Closing Entries
Preparing closing entries requires closing out an accounting period with a list of recurring finance information, such as accrual for salaries, fixed assets, depreciation and amortization. Keep a...
About the Accounting Code of Ethics
The accounting code of ethics is the model behavior for an accountant which states that an accountant will not alter the financial data for a company. Apply the accounting code of ethics to all...
About the History of Financial Accounting
The history of financial accounting was altered greatly by computers and accounting software that has been developed. Find out how accounting records used to be kept on ledgers with information...
What Is the Mission of a Financial Accounting Manager?
The mission of a financial accounting manager is to provide accurate and timely information to managers, owners and investors about the financial position of a company. Discover how financial...
Why Do We Need Accounting?
Accounting is important for allowing a business or organization to understand its financial perspective. Learn how accounting helps managers and owners make important financial decisions with...
Career Opportunities for Accounting Majors
Career opportunities for accounting majors include becoming a CPA, working for private companies, being a comptroller or even becoming a chief financial officer. Explore the career paths available...
What Does the Accounting Department Do?
Functions of an accounting department include receipt of money, paying bills, payroll, recording and tracking assets and inventory, and financial reporting. Discover how an accounting department...
What Is Required to Be an Accountant?
Requirements for being an accountant vary depending on responsibility, but often include basic knowledge of accounting functions or an accounting degree. Find out how some accounting careers...
What Is an Accountant's Yearly Salary?
The yearly salary for an accountant can vary greatly, with ranges from $8 an hour to more than $200,000 a year depending on education, responsibilities and the size of the company. Earn an average...
About Non-Profit Financial Account Keeping
Non-profit financial account keeping requires a basic understanding of the accounting and reporting that needs to take place for the government body that is providing funds. Learn the difference...
Putting Financial Accounting Into an Economic Context
Putting financial accounting into an economic context allows a business and its investors to make sound economic decisions about competitors and sales. Understand the financial stability of a...
What Is Open-Book Accounting?
Open-book accounting is the business practice of allowing investors or creditors to view and analyze accounting books in order to ensure that everything is being properly recorded and utilized....
Learning Accounting Terms
Some accounting terms include assets, which are anything that a business owns; and liabilities, which include things like debts and bills. Learn more accounting terms, such as income statements...
About Different Types of Accounting
The different types of accounting include financial, which centers on gathering and reporting company finances; tax, which focuses on paying state and federal taxes; and managerial, which provides...
What Is a Certified Management Accountant?
A certified management accountant focuses on the measurement of the accounting principles that go into providing reports for management analysis. Discover the difference between certified...
What Is General Accounting?
General accounting handles the bills, invoices, accounts payable, customer receipts, accounts receivable and payroll functions of a business or organization. Learn how accounting allows an...
What Is MAS 90 Accounting?
MAS 90 Accounting is an accounting software package for Enterprise Resource Planning, which bundles accounting functions with other processes of manufacturing or sales. Find out how MAS 90...
How to Become a Financial Account Analyst
Become a financial account analyst by obtaining a four-year degree and a graduate degree that focus on understanding financial statements, budgeting and forecasting. Help a company understand its...
What Are Internal Controls of Accounting?
Internal controls of accounting help eliminate fraud within a given company by focusing on the day-to-day functions within the accounting department. Find out how internal controls help employees...
Understanding Financial Accounting
Financial accounting is the process of recording financial information for a company through reports on the company's balance sheet, income statement and statement of cash flow. Learn how...
How to Become a Chartered Accountant
To become a chartered accountant, obtain a professional qualification, a technician qualification and a diploma related to operational and strategic financial skills. Visit the Web site for the...
Accounting Technician Job Description
The job description for an accounting technician focuses on data entry, paperwork processing and working with basic accounting department functions. Handle accounts payable, accounts receivable...
How to Differentiate Accounting From Bookkeeping
The difference between accounting and bookkeeping is that bookkeeping is the recording of a financial transaction, while accounting is the system of putting transactions together into a report for...
Learning Basic Accounting Principles
The basic principles of accounting are established by the Generally Accepted Accounting Principles and include being able to record revenue and expenses. Accounting for a business should always...
About Managerial Accounting Financial Ratios
Managerial accounting financial ratios are used to compare a person or businesses cash flow to potential debt. Use financial ratios to determine whether someone will be able to pay back a loan...
About Flex Budgeting in Accounting
In a business, cash flow can go down at times, so it's important to use flexible budgeting when doing accounting for a business. Keep cash preserved during a financial crisis with help from a...
How to Find the Installment Buying Amount
Learn how to find the installment buying amount with expert math tips in this free online accounting video clip.
Accounting Calculator Features
Learn how to use and operate an accounting calculator to find out sales tax, balance information, and interest with expert math tips in this free online accounting video clip.