Accounting Fraud – Basic
Accounting fraud is a deliberate and improper manipulation of the recording of sales revenue and/or expenses in order to make a company’s profit performance appear better than it actually is. Some...
View ArticleForensic Accountants, What for ?
Forensic accounting financial investigative specialists work with financial information for the purpose of conveying complicated issues in a manner that others can easily understand. While some...
View ArticleGAAP Story
While many businesses assume that accountants are bound by generally accepted accounting practices and that these are inviolate, nothing could be further from the truth. Everything is subject to...
View ArticleEasy Way to Analyze a Financial Statement
It’s obvious financial statement have a lot of numbers in them and at first glance it can seem unwieldy to read and understand. One way to interpret a financial report is to compute ratios, which...
View ArticlePersonal Accounting – Basic
If you have a checking account, of course you balance it periodically to account for any differences between what’s in your statement and what you wrote down for checks and deposits. Many people do it...
View ArticleDirect Material As An Identifiable Part Of A Product
Any readily identifiable part of a product is called a direct material. Direct material costs theoretically should include the cost of all materials used in the manufacture of a product or performance...
View ArticleThe Importance Of Accounting
Accounting can help derive the new measurements, tie them to organizational goals and objectives, and integrate them with an organizational pay-for-performance plan. The degree of decentralization must...
View ArticleThe Difference Between Technical And Fundamental Investment Analysis
Market technicians believe that future movements of stock prices can be predicted from the diligent study of historical changes in stock prices and/or trading volume. Most technicians find it easier to...
View ArticleInformational Elements Of A Cost Management System
The accounting function in an organization is expected to support managers in the areas of planning, controlling, decision making, and performance evaluation. These roles converge in a system designed...
View ArticleKnowing All About Accounting
Anyone who’s worked in an office at some point or another has had to go to accounting. They’re the people who pay and send out the bills that keep the business running. They do a lot more than that,...
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