Diploma courses
now a days are very much in demand and people who do not have much time to opt
for full time courses are going for it.
Accounting
refers to the systematic way of capturing the financial transactions and
presenting them in a structured manner. This is generally done so as to track
the progress of the organization’s economic position as well as to provide a
true and fair view to the supervising agencies as well as to the stake holders,
management and the general public. Accounting can be divided into many fields
such as financial accounting, management accounting, external auditing, tax
accounting and cost accounting.
The core of accounting is the double entry system of book keeping. It is the procedure of recording each financial transaction twice and giving the effect of debit and credit. The system is designed to work in such a way that the total of the debit side should equal the total of the credit side. The people who maintain these books of accounts are known as book keepers or accountants. For larger companies, they hire experienced and qualified professionals designated as Chartered Accountants (CA), Certified Public Accountants (CPA), Certified General Accountant (CGA) or Certified Management Accountant (CMA) depending on the location of the organizations.
The core of accounting is the double entry system of book keeping. It is the procedure of recording each financial transaction twice and giving the effect of debit and credit. The system is designed to work in such a way that the total of the debit side should equal the total of the credit side. The people who maintain these books of accounts are known as book keepers or accountants. For larger companies, they hire experienced and qualified professionals designated as Chartered Accountants (CA), Certified Public Accountants (CPA), Certified General Accountant (CGA) or Certified Management Accountant (CMA) depending on the location of the organizations.
A typical
financial information released by the company consists of three main statements
that is Balance Sheet, Income Statement and Cash Flow. These mainly depict the
actual position. However, various other important steps are required to prepare
these such as bank reconciliation statement, trial balance, free cash flow
statement etc. These statements follow either the Generally Accepted Accounting
Principles commonly known as GAAP or International Financial Reporting
Standards (IFRS).
We at Help with Assignments have a Diploma of Accounting online course to help you get well equipped with the accounting knowledge required in today’s world be it for your personal business or any corporate job. We have a good reputation because of the extensive and simplistic approach that we keep thereby enabling everyone from different levels to grab the content and apply them in practical scenarios.
We at Help with Assignments have a Diploma of Accounting online course to help you get well equipped with the accounting knowledge required in today’s world be it for your personal business or any corporate job. We have a good reputation because of the extensive and simplistic approach that we keep thereby enabling everyone from different levels to grab the content and apply them in practical scenarios.
Contact US information
Help with Assignments
Adelaide SA,
Australia
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