Accountancy
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Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. Accounting is the language of business.
[edit] Catagories
- Financial accounting is "a major accounting branch describing the collection, recording and extraction of financial information, in order to summarize in a form of periodic profit and loss account, a balance sheet and a cash flow statement in accordance with legal, professional, and capital market requirements". The main task is prepare regular financial report.
- Managerial accounting is the branch of accounting for internal use, to which an organization prove information only accessible to its insiders to assist decision-makers. The mission of Managerial accounting utilize inform, control functions of management for future use.
[edit] Contents
- Principles of accounting
- Introduction to accountancy
- Double entry
- Debtors
- Creditors
- Prepayments
- Accruals
- Depreciation
[edit] Proposed additional sections
- Accounting standards
- Assets
- Liabilities
- Books of prime entry
- Year end adjustments
- The trial balance
- Journals
- Provisions
- Capital and reserves
- Disclosures
- Balance sheet
- Income statement
- Cash flow statement
- Accounting policies
- GAAP
- Income and Expenditure Recognition
- Cost Flow Assumptions
- Single Entry System
- Basic Bookkeeping - a quickstart guide for small non-profit community organizations
- Financial ratios
[edit] Glossary and Appendices
[edit] Other pages
[edit] Resources
- BOOKS:
- Accounting notes, courses and presentations
- Principles of Accounting free online text book - but not Public Domain or available under a Creative Commons license, so don't COPY them here
- SOFTWARE:
