#accounting
Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Accounting can be divided into several fields including financial accounting, management accounting, external auditing, tax accounting and cost accounting. Accounting information systems are designed to support accounting functions and related activities. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system.Although accounting has existed in various forms and levels sophistication throughout many human societies, the double-entry accounting system in use today was developed in medieval Europe, particularly in Venice, and is usually attributed to the Italian mathematician and Franciscan friar Luca Pacioli. Today, accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodies. Financial statements are usually audited by accounting firms, and are prepared in accordance with generally accepted accounting principles (GAAP). GAAP is set by various standard-setting organizations such as the Financial Accounting Standards Board (FASB) in the United States and the Financial Reporting Council in the United Kingdom. As of 2012, "all major economies" have plans to converge towards or adopt the International Financial Reporting Standards (IFRS).

List of Pinterest Accounting images & Accounting pictures

List of all Pinterest Accounting images and pictures. Browse Pinterest Accounting ideas

The Complete Guide to Bookkeeping for Small Business Owners,  #bankgeschäftedefinition #Bookk...
The Complete Guide to Bookkeeping for Small Business Owners, #bankgeschäftedefinition #Bookk...
The Complete Guide to Bookkeeping for Small Business Owners, #bankgeschäftedefinition #Bookkeeping #business #Complete #Guide #Owners #small
Apps for money - Earn money for walking, dancing and exercising
Apps for money - Earn money for walking, dancing and exercising
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The Small Business Accounting Checklist [Infographic]
The Small Business Accounting Checklist [Infographic]
Resume Template, Professional Resume, Creative Resume, CV Template, Modern Resume, Resume Design
Resume Template, Professional Resume, Creative Resume, CV Template, Modern Resume, Resume Design
Impressive Accountant, Executive, Manager, Finance, Sales Resume template to get your dream job. This staggering simple CV resume template attracts the job recruiter within no time.
The Accounting Equation
The Accounting Equation
Accounting Equation Cheat Sheet explains the formula behind assets, liabilities and equity which keeps the books balanced in double entry bookkeeping.
What is Debit and Credit - An Easy to Understand Explanation
What is Debit and Credit - An Easy to Understand Explanation
what is credit and debit
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CPA Exam Preparation: Critical Parts & Sections to Know
CPA Exam Preparation: Critical Parts & Sections to Know
CPA Exam Study Tips: Critical Parts & Sections of the CPA Exam you need to know on exam day #cpa #cpaexam #accounting #cpaexamtips #careertips #careeradvice #career via @financialanalystinsider
Generally Accepted Accounting Principles | Meaning,History,Objectives,Etc
Generally Accepted Accounting Principles | Meaning,History,Objectives,Etc
Generally Accepted Accounting Principles | Meaning,History,Objectives,Etc
5 Types of Financial Statements | Balance Sheet, Income, Cash Flow, + 2
5 Types of Financial Statements | Balance Sheet, Income, Cash Flow, + 2
5 Types of Financial Statements | Balance Sheet, Income, Cash Flow, + 2
Compute the NPV, IRR, and Payback Period Accounting Rate of Return ebook by Homework Help Classof1 - Rakuten Kobo
Compute the NPV, IRR, and Payback Period Accounting Rate of Return ebook by Homework Help Classof1 - Rakuten Kobo
Compute The Npv, Irr, And Payback Period Accounting Rate Of...
Debit and Credit in Accounting
Debit and Credit in Accounting
Debit vs credit are terms used in double entry bookkeeping. They refer to entries made in accounts to reflect the financial transactions of a business. The terms are often abbreviated to Dr (Debit) and CR (Credit). #bookkeeping #accounting
Trial Balance | Meaning, Purpose, Sides, Sheet, Undetectable Errors, Etc
Trial Balance | Meaning, Purpose, Sides, Sheet, Undetectable Errors, Etc
Trial Balance | Meaning, Purpose, Sides, Sheet, Undetectable Errors, Etc
Accounting Priniciple | Meaning, List of Accounting Principles
Accounting Priniciple | Meaning, List of Accounting Principles
Accounting Priniciple | Meaning, List of Accounting Principles
How to Manage Payroll for Small Business Owners #payroll #smallbusiness #smallbiz #management
How to Manage Payroll for Small Business Owners #payroll #smallbusiness #smallbiz #management
Bookkeeping Example of Business Transaction, Journal, Ledger, Report
Bookkeeping Example of Business Transaction, Journal, Ledger, Report
A Chart of Accounts showing the General Ledger Accounts and Numbers
Branches of Accounting | Types - Financial, Cost, & Management - eFM
Branches of Accounting | Types - Financial, Cost, & Management - eFM
Branches of Accounting | Types - Financial, Cost, & Management - eFM
Accounting Cycle Steps | Double Entry Bookkeeping
Accounting Cycle Steps | Double Entry Bookkeeping
Accounting Cycle Steps | Double Entry Bookkeeping
Bookkeeping 101:  Accounting Basics for Solopreneurs — More With Money
Bookkeeping 101: Accounting Basics for Solopreneurs — More With Money
Bookkeeping 101 Accounting Basics
12 Jobs For Accounting Majors
12 Jobs For Accounting Majors
While many people believe that an accounting degree offers a singular career path, this perception is far from accurate. The skills that accounting majors are taught in college — money management, communication, bookkeeping, statistics and math — prepare them for a variety of careers in business and government. Here are just 12!
Are you unsure what expenses are deductible for you business?  This infographic list the most common categories of business expenses. - Business Bookkeeping - Taxes - Accounting
Are you unsure what expenses are deductible for you business? This infographic list the most common categories of business expenses. - Business Bookkeeping - Taxes - Accounting
Debits and credits cheat sheet used in #bookkeeping #double-entry bookkeeping and #bookkeeping journals.
Debits and credits cheat sheet used in #bookkeeping #double-entry bookkeeping and #bookkeeping journals.
Color Coded listen of Basic Accounts for Accounting
Color Coded listen of Basic Accounts for Accounting
Anyone using bookkeeping software is performing double entry bookkeeping/accounting! This chart explains double-entry basics.
Anyone using bookkeeping software is performing double entry bookkeeping/accounting! This chart explains double-entry basics.