FA 45 Statement of Cash Flows Explained
Share your inquiries now with community members
Click Here
Sign up Now
Lessons List | 52
Lesson
Show More
Lessons
Comments
Our New Certified Courses Will Reach You in Our Telegram Channel
Join Our Telegram Channels to Get Best Free Courses
Join Now
We Appreciate Your Feedback
166 Reviews
Onywero Logan
Ifraan Khan
Raghunandan M Hegde
Subhadeep Dutta
Show More Reviews
Related Courses in Business
Course Description
There are two types of financial accounting: cash and accrual accounting. Both methods use double-entry accounting to accurately record financial transactions. While very small businesses frequently use cash accounting, all larger businesses as well as publicly traded businesses are required to use accrual accounting.What is the main function of financial accounting?
The main purpose of financial accounting is to prepare financial reports that provide information about a firm's performance to external parties such as investors, creditors, and tax authorities.What is Financial Accounting example?
Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.What are the 5 accounting concepts?
: Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Duality Aspect concept, Realisation Concept, Accrual Concept and Matching Concept.What are the 4 types of accounting?
These four branches include corporate, public, government, and forensic accounting.What are the 2 types of accounting?
The two main accounting methods are cash accounting and accrual accounting. Cash accounting records revenues and expenses when they are received and paid.What are the advantages of financial accounting?
Advantages of Accounting
Maintenance of business records.
Preparation of financial statements.
Comparison of results.
Decision making.
Evidence in legal matters.
Provides information to related parties.
Helps in taxation matters.
Valuation of business.What are the three main functions of accounting?
There are three main functional areas of accounting which need to be considered in modern day accountancy for any business. The three areas are, cost, finance and management accounting.
Trends
Graphic Design Basics
Web Design for Beginners
Accounting Finance course
Accounting
Logo Design
Graphic Design | Photoshop
Web Design Using HTML CSS
Master graphic design techniques
Financial Accounting
Advanced graphic design
Create a YouTube account on Your phone
Illustrator 3D design for beginners
Web Design 101 Free Full Course
Graphic design mockups
Illustrator for logo design beginners
Advanced graphic design techniques
Graphic design tools in 2025
Figma Signing Up and Signing In
Create a professional website with Wix
Flask web development essentials
Recent
French vocabulary with videos
Everyday french with videos
French vocabulary with pictures
Weekly french words
French listening practice
French holiday vocabulary
French numbers for beginners
French listening comprehension
French self introductions
French conversational phrases
Common french words
Daily french conversations
Basic french vocabulary
Essential french vocabulary for beginners
French words to pronounce
French holiday words
French Pronunciation basics
Advanced french listening
Intermediate french listening
French Listening for beginners