Keyword Analysis & Research: finance accounting

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What is the job description of financial accounting?

Accountant Job Duties: Prepares asset, liability, and capital account entries by compiling and analyzing account information. Documents financial transactions by entering account information. Recommends financial actions by analyzing accounting options.

What are the principles of financial accounting?

Accounting principles are the common rules that must be followed when preparing financial statements that will be distributed to people outside of the company (or other organization). The accounting principles include the basic underlying guidelines and assumptions such as the cost principle, matching principle,...

What are some examples of financial accounting?

Financial statements are essential to evaluating a firm’s management of assets, liabilities, income and expenses. The balance sheet and income statement are examples of financial statements often reviewed prior to making investment decisions.

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