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Article on FASB’s Accounting Standards Update (ASU) No. 2015-09
 
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Preparers of financial statements need to be aware of the additional disclosure requirements introduced by ASU No. 2015-09, as well as consider the time impact and increased level of detail on reserving and claims data to be compiled in order to enable preparation of financial statements that comply with accounting principles generally accepted in the United States of America (U.S. GAAP).
How to Research Accounting Articles
 
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How to find quick definitions and scholarly sources for your Principles of Managerial Accounting class using the Encyclopedia of Business and Finance.
Accounting Principles
 
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Accounting Principles If everyone involved in the process of accounting followed their own system, or no system at all, there's be no way to truly tell whether a company was profitable or not. Most companies follow what are called generally accepted accounting principles, or GAAP, and there are huge tomes in libraries and bookstores devoted to just this one topic. Unless a company states otherwise, anyone reading a financial statement can make the assumption that company has used GAAP. If GAAP are not the principles used for preparing financial statements, then a business needs to make clear which other form of accounting they're used and are bound to avoid using titles in its financial statements that could mislead the person examining it. GAAP are the gold standard for preparing financial statement. Not disclosing that it has used principles other than GAAP makes a company legally liable for any misleading or misunderstood data. These principles have been fine-tuned over decades and have effectively governed accounting methods and the financial reporting systems of businesses. Different principles have been established for different types of business entities, such for-profit and not-for-profit companies, governments and other enterprises. GAAP are not cut and dried, however. They're guidelines and as such are often open to interpretation. Estimates have to be made at times, and they require good faith efforts towards accuracy. You've surely heard the phrase "creative accounting" and this is when a company pushes the envelope a little (or a lot) to make their business look more profitable than it might actually be. This is also called massaging the numbers. This can get out of control and quickly turn into accounting fraud, which is also called cooking the books. The results of these practices can be devastating and ruin hundreds and thousands of lives, as in the cases of Enron, Rite Aid and others. Keywords : accounting articles,accounting assistant,accounting assistant job description,accounting aid society,accounting apps,accounting analyst,accounting associations,accounting assumptions,accounting abbreviations,accounting accrual,accounting basics,accounting books,accounting big 4,accounting balance sheet,accounting bls,accounting blogs,accounting basics pdf,accounting busy season,accounting business for sale,accounting basis,accounting coach,accounting cycle,accounting careers,accounting certifications,accounting clerk job description,accounting courses,accounting calculator,accounting clerk,accounting connect,accounting career path,accounting degree,accounting degree online,accounting dictionary,accounting definition,accounting debits and credits,accounting degree jobs,accounting description
Views: 679 Mas Rohman
What is ACCOUNTING ETHICS? What does ACCOUNTING ETHICS mean? ACCOUNTING ETHICS meaning & explanation
 
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What is ACCOUNTING ETHICS? What does ACCOUNTING ETHICS mean? ACCOUNTING ETHICS meaning - ACCOUNTING ETHICS definition -ACCOUNTING ETHICS explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Accounting ethics is primarily a field of applied ethics and is part of business ethics and human ethics, the study of moral values and judgments as they apply to accountancy. It is an example of professional ethics. Accounting introduced by Luca Pacioli, and later expanded by government groups, professional organizations, and independent companies. Ethics are taught in accounting courses at higher education institutions as well as by companies training accountants and auditors. Due to the diverse range of accounting services and recent corporate collapses, attention has been drawn to ethical standards accepted within the accounting profession. These collapses have resulted in a widespread disregard for the reputation of the accounting profession. To combat the criticism and prevent fraudulent accounting, various accounting organizations and governments have developed regulations and remedies for improved ethics among the accounting profession. The nature of the work carried out by accountants and auditors requires a high level of ethics. Shareholders, potential shareholders, and other users of the financial statements rely heavily on the yearly financial statements of a company as they can use this information to make an informed decision about investment. They rely on the opinion of the accountants who prepared the statements, as well as the auditors that verified it, to present a true and fair view of the company. Knowledge of ethics can help accountants and auditors to overcome ethical dilemmas, allowing for the right choice that, although it may not benefit the company, will benefit the public who relies on the accountant/auditor's reporting. Most countries have differing focuses on enforcing accounting laws. In Germany, accounting legislation is governed by "tax law"; in Sweden, by "accounting law"; and in the United Kingdom, by the "company law". In addition, countries have their own organizations which regulate accounting. For example, Sweden has the Bokföringsnämden (BFN - Accounting Standards Board), Spain the Instituto de Comtabilidad y Auditoria de Cuentas (ICAC), and the United States the Financial Accounting Standards Board (FASB).
Views: 5751 The Audiopedia
Generally Accepted Accounting Principles (United States)
 
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Generally Accepted Accounting Principles, USA GAAP or GAAP stands for "generally accepted accounting principles". Although the U.S. Securities and Exchange Commission (SEC) has stated that it intends to move from US GAAP to the International Financial Reporting Standards (IFRS), they differ considerably from GAAP and progress has been slow and uncertain. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 4855 Audiopedia
Generally accepted accounting principles
 
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Generally accepted accounting principles (GAAP) refer to the standard framework of guidelines for financial accounting used in any given jurisdiction; generally known as accounting standards or standard accounting practice. These include the standards, conventions, and rules that accountants follow in recording and summarizing and in the preparation of financial statements. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 78 Audiopedia
What Are The Basic Principles Of Accounting?
 
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Accounting concepts, principles and basic terms accounting concepts explained. Companies must file regular basic accounting principleswe have studied economic activities which been converted into business. The fundamental principles of accounting video & lesson what are the basic accounting? Quora. Basic accounting principles and concepts. All of the concepts and standards in gaap can be traced back to underlying accounting principles. Basic accounting principles everybody should knowprinciples or rules of debit and credit. Basic accounting principles and guidelinesmonetary unit assumptioncost principlegoing concern principlerevenue recognition principle 15 may 2017 the best known of these are as follows accrual principlecost principlefull disclosure principlematching rests on a rather small set fundamental assumptions. Understanding the basic principles of accounting dummies. Basic accounting principles and guidelines 5 important of modern 12 basic & procedures i gaap. Thus, every the principles or rules of debit and credit that form basis for double entry system they are as fundamental to accounting addition ( ) subtraction 24 sep 2015 origins gaap generally accepted go all way there ten basic make up these standards building blocks. Accountingcoach accountingcoach accounting principles explanation url? Q webcache. The ten generally accepted accounting principles ( gaap) invensis. People often refer to these fundamentals as generally accepted accounting golden rules of convert complex book keeping into a set well defined following are the basic fundamental principles article discusses financial common is remain listed on many major stock exchanges in u. Golden rules of accounting 3 main principles. Fundamental principles of accounting management study guidebasic nios. Accounting principles, concepts, assumptions, and constraints. Accounting is the language of business. While there is no definitive list of accounting principles, these principles are generally accepted practices accounting, which five basic form the foundation modern 14 aug 2012 learn and procedures according to general gaap an art, but just as with any you need right tools make your masterpiece. In business 3 jan 2012 in this article, you will learn and familiarize yourself with the accounting principles concepts relevant performing basics of definition, principles, objectives, terms & like single double entry bookkeeping, general ledger, journal entries follows a certain framework core which are building blocks more specialized set called gaap basic guidelines has been created for accountants to follow. Accounting principles explanation basic accounting accountingtools. Accounting principles explanation. Googleusercontent search. For accounting, those tools are the seven major basic account adding to quora user's excellent summary detailing assumptions, principles and conventions that used in 3 apr 2014 if you doing business, then need know accounting by heart.
Views: 126 Tell sparky
What is ACCOUNTING ANALYST? What does ACCOUNTING ANALYST mean? ACCOUNTING ANALYST meaning
 
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What is ACCOUNTING ANALYST? What does ACCOUNTING ANALYST mean? ACCOUNTING ANALYST meaning - ACCOUNTING ANALYST definition - ACCOUNTING ANALYST explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An accounting analyst evaluates public company financial statements. Public companies issue these (10-K) annual financial statements as required by the Security and Exchange Commission. The statements include the balance sheet, the income statement, the statement of cash flows and the notes to the financial statements. Specifically, the notes to the financial statements contain considerable quantitative detail supporting the financial statements along with narrative information. This individual has extensive training in understanding financial accounting principles for public companies based on generally accepted accounting principles as provided by the Financial Accounting Standards Board. Or, he/she may have additional experience in applying international accounting standards based on the rules put out by the International Accounting Standards Board. As an example, the accounting analyst may work for a financial research company evaluating differing financial accounting principles and how they influence the company's reported wealth. The accounting analyst will most likely hold an accounting qualification. The analyst may have an MBA degree with an Accounting specialization. In addition, the analyst may hold the Chartered Certified Accountant (ACCA) or Certified Public Accountant (CPA) or Chartered Accountant (CA or ACA) designation.
Views: 1137 The Audiopedia
What is GOVERNMENTAL ACCOUNTING? What does GOVERNMENTAL ACCOUNTING mean?
 
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What is GOVERNMENTAL ACCOUNTING? What does GOVERNMENTAL ACCOUNTING mean? GOVERNMENTAL ACCOUNTING meaning - GOVERNMENTAL ACCOUNTING definition - GOVERNMENTAL ACCOUNTING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Various governmental accounting systems are used by various public sector entities. In the United States, for instance, there are two levels of government which follow different accounting standards set forth by independent, private sector boards. At the federal level, the Federal Accounting Standards Advisory Board (FASAB) sets forth the accounting standards to follow. Similarly, there is the Governmental Accounting Standards Board (GASB) for state and local level government. There is an important difference between private sector accounting and governmental accounting. The main reasons for this difference is the environment of the accounting system. In the government environment, public sector entities have different goals, as opposed to the private sector entities' one main goal of gaining profit. Also, in government accounting, the entity has the responsibility of fiscal accountability which is demonstration of compliance in the use of resources in a budgetary context. In the private sector, the budget is a tool in financial planning and it isn't mandatory to comply with it. Government accounting refers to the field of accounting that specifically finds application in the public sector or government. A special field of accounting exists because: - The objectives to which accounting reports to differ significantly from that for which generally accepted accounting practice has been developed for in the private (business) sector; & - The usage of the results of accounting processes of government differs significantly from the use thereof in the private sector. An exception exists on the above-mentioned differences in the case of public utility businesses (for example Electricity Services) that may be intended to produce a net income or profit, but a significant debate exists over whether there should be such an exception. Nationalisation includes, amongst others, the argument that entities should be either private or public, and that the objectives of public entities should differ significantly from that of private entities. In other words, is the generation and reticulation of electricity with the objective to generate a profit in the public interest or not? And if it is the best way, shouldn’t it then be completely private instead of having access to public funds and monopolies? Governmental accounting standards are currently being dominated by the accounting standards (internationally sometimes referred to as IFRS) originally designed for the private sector. The so-called Generally Recognised Accounting Practices (GRAP) that are being enforced in the public sector of countries such as South Africa, one of the front-runners in this regard is based on the Generally Accepted Accounting Practices originally developed for the private sector. The above and common sense raises the question of whether this is the best solution. It is of course cheaper and it is alleged that the history of separate development of accounting practices for government has not been successful. Even at the onset of the current fiscal crisis in Europe and other parts of the world it was argued authoritatively that the sometimes inapplicable accounting practices of the private sector being used, have contributed to the origination of, and belated reaction to, the fiscal crisis.(1) Sources (not directly quoted but used in synthesis): 1. Sanderson, I. Worldwide Credit Crisis and Stimulus Packages in Accountancy SA, June 2009, p. 14. 2. Conradie, J.M. The applicability of Generally Accepted Accounting Practice in the Central Government of South Africa (English summary of a thesis written in another language) University of Pretoria, 1994. 3. Conradie, J.M. Die toepaslikheid van Algemeen Aanvaarde Rekeningkundige Praktyk in die Sentrale Owerheid van Suid-Afrika. Universiteit van Pretoria, 1993. (Original full text of the summary.) 4. Donald amcool
Views: 7012 The Audiopedia
Retrospective Accounting Change (Change From LIFO To FIFO Inventory Method, Restate & Adustments)
 
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Accounting for a retrospective change in inventory methods, change from LIFO (lLast-In-First-Out) to FIFO (First-In-First-Out) inventory method, adjust prior years financial statements & reporting as if the new accounting principle (FIFO) had always been used, how the change in inventory accounting from LIFO to FIFO affects retained earnings thru net income (sales revenue - COGS - expenses), COGS depends on the change in inventory used each period, (1) require restating the Income Statement from LIFO to FIFO inventory accounting, (2) financial statement notes must indicate the effect of the retrospective change (LIFO to FIFO), balance sheet (inventory & retained earnings) & income statement (COGS & net income), (3) retained earnings statement retrospective changes as adjustment due to FIFO & net income for end of period to determine retained earnings (end of period), (4) no effect on cash flow statement, (5) journal entries for change from LIFO to FIFO (inventory & retained earnings), detailed accounting by Allen Mursau
Views: 11841 Allen Mursau
Accounting Principles Interview Questions
 
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Interview Questions for Accounting Principles.What are you doing if you worked as an Accounting Principles?What extreme challenges presently do you think an Accounting Principles is facing?Do you believe you are over certified for the position this Accounting Principles?If you were hiring a person for this job, what would you look for?What are you expecting from this firm in the future?
Views: 10 alpha code
Financial Accounting Standards Board
 
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The Financial Accounting Standards Board is a private, non-profit organization whose primary purpose is to establish and improve generally accepted accounting principles within the United States in the public's interest. The Securities and Exchange Commission designated the FASB as the organization responsible for setting accounting standards for public companies in the U.S. The FASB replaced the American Institute of Certified Public Accountants' Accounting Principles Board on July 1, 1973. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 286 Audiopedia
Accounting principles
 
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The accounting follows four accounting principles followed in recording events and transactions. Professor Indra Abeysekera More Videos on Accounting Online found at https://www.youtube.com/channel/UCZFzFH_qPgnmJ0lBStkzJBg?sub_confirmation=1 Google Scholar: https://scholar.google.com.au/citations?user=i3w0lTsAAAAJ&hl=en Download articles: https://ssrn.com/author=1410614 I thank you very much for clicking ‘Like’ for the videos.
Top Colleges for Accounting in the USA
 
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Top Colleges for Accounting in the USA This article lists the top colleges for accounting in the U.S. More and more schools are now offering accounting courses due to the increasing demand for accountants in the public sector and private sector. There are also universities and colleges that offer free accounting education to a student with financial incapability. In fact, the United States Bureau of Labor Statistics projects that job growth in this field of specialization will increase faster than the average in 2018.Below are the top accounting schools offering accounting courses in the USA. University of Alabama A master of tax accounting degree, a bachelor’s and master’s accounting degrees, and a PhD program in accounting are awarded at the Culverhouse School of Accountancy of the University of Alabama. Its undergraduate degree can be completed in four years, its master of accounting degree program in one year, and its PhD program up to five years. University of Texas in Austin The McCombs School of Business at the University of Texas offers you accounting degrees such as an Integrated Master in Professional Accounting, an MBA in accounting, and a Master in Professional Accounting. This department is highly regarded as one of the top colleges for accounting across the country. The Public Accounting Report ranks the graduate programs of the colleges the best in the country. University of San Diego The University of San Diego allows you to select your preferred combined study field in undergraduate degrees such as accountancy and finance/real estate; accountancy and supply chain management; and accountancy and information technology/systems. It also offers master’s and bachelor’s degrees in accounting. Its Master of Science in Accountancy degree can be completed in 30 units, requiring you to take programs for financial professionals and other elective courses. University of Illinois at its Urbana-Champagne College The Business Instructional Facility at the University of Illinois is recognized as the first business facility that has received top green award from the green building rating system Leadership in Energy and Environmental Design or LEED. This college also serves as the flagship public school for the state. Among the accounting programs it offers are a Master of Science in taxation, a Master of Accounting Science, a Bachelor of Science in Accounting, as well as undergraduate and graduate programs. University of Southern California The Eventual School of Accounting at the University of Southern California is one of the top colleges for accounting in the country. The college offers a Master of Science in Accounting, a Bachelor of Science in Accounting, a PhD, and two master programs in the field of Business Taxation. Brigham Young University If you are in college search for private educational institution, enroll at the Brigham Young University in an urban setting. The university aims to educate you through the development of character, faith, and intellect. It is being sponsored by The Church of Jesus Christ of Latter-day Saint with the prevalence of its ideals, principles, and teachings in education. These colleges for accounting are accredited to prepare you for a successful career in business whether you are considering a career path in general accounting, auditing, taxes, or accounting consultancy http://education4uusa.blogspot.com/
Views: 1685 Ray Sara
Accounting Principles Interview questions
 
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job interview for Accounting Principles.What Is The Difference Between Financial Accounting And Management Accounting?What Is The Difference Between Product Costs And Period Costs?What Is The Matching Principle?
Views: 725 Interview Questions
compare key concepts of financial reporting standards under IFRS and US GAAP
 
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compare key concepts of financial reporting standards under IFRS and US generally accepted accounting principles (US GAAP) reporting systems;
Views: 29 Ted Stephenson
Basic Accounting Principles
 
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Basic Accounting Principles Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity. This function has two closely related phases: 1) measuring and arraying economic data; and 2) communicating the results of this process to interested parties." As an example, a company's accountants periodically measure the profit and loss for a month, a quarter or a fiscal year and publish these results in a statement of profit and loss that's called an income statement. These statements include elements such as accounts receivable (what's owed to the company) and accounts payable (what the company owes). It can also get pretty complicated with subjects like retained earnings and accelerated depreciation. This at the higher levels of accounting and in the organization. Much of accounting though, is also concerned with basic bookkeeping. This is the process that records every transaction; every bill paid, every dime owed, every dollar and cent spent and accumulated. But the owners of the company, which can be individual owners or millions of shareholders are most concerned with the summaries of these transactions, contained in the financial statement. The financial statement summarizes a company's assets. A value of an asset is what it cost when it was first acquired. The financial statement also records what the sources of the assets were. Some assets are in the form of loans that have to be paid back. Profits are also an asset of the business. In what's called double-entry bookkeeping, the liabilities are also summarized. Obviously, a company wants to show a higher amount of assets to offset the liabilities and show a profit. The management of these two elements is the essence of accounting. There is a system for doing this; not every company or individual can devise their own systems for accounting; the result would be chaos! Keyword : accounting articles,accounting assistant,accounting assistant job description,accounting aid society,accounting apps,accounting analyst,accounting associations,accounting assumptions,accounting abbreviations,accounting accrual,accounting basics,accounting books,accounting big 4,accounting balance sheet,accounting bls,accounting blogs,accounting basics pdf,accounting busy season,accounting business for sale,accounting basis,accounting coach,accounting cycle,accounting careers,accounting certifications,accounting clerk job description,accounting courses,accounting calculator,accounting clerk,accounting connect,accounting career path,accounting degree,accounting degree online,accounting dictionary,accounting definition,accounting debits and credits,accounting degree jobs,accounting description
Views: 2999 Mas Rohman
What Is The Role Of Accounting?
 
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The role of accounting and the accountant in environmental modern business environment. The role of accounting in business is to help internal and external stakeholders make better decisions by providing them with financial information often called the language. 11 limitations 9 feb 2014 according to a global competitiveness report recently published by the world economic forum, korea's financial accounting transparency fell by profsamanthi senaratne is professor in accounting and the present head of the department of accounting at the university of sri in this lesson, you will learn about the primary roles or functions of an accounting department and the responsibilities completed by those 14 sep 1998 one important role of accounting is in the valuation of an asset or firm. Googleusercontent search. Perspective the emphasis is on how accounting measures firm value role of officer in an academyacademies are publicly funded independent bodies. The type of decision varies from business to in terms accounting is often called the language because it provides management plays a major role helping managers carry out their good as vital your sales. Besides these roles, professional accountants an accountant has several roles and responsibilities to meet in their job, both terms of competence at carrying out accounting practices as well key functions your department. What are the key roles of accounting department? . Yet if i ask you to read in arabic, greek or chinese would not. Now thanks to it, you can read english books. Friendly accounting department functions and responsibilities. The role of accounting is to provide you and any other stakeholders with financial information about results found at home the in a major means helping managers an organization, equity 21 oct 2013 individuals these positions could all be professional accountants working businesses. The role of accounting in business 2012 book archive. Why? Because it communicates so much of the information that owners, managers, and investors need to evaluate a company's financial performance 1 what role does an accountant play in business operations? Above all, accounting plays important small management, helping track as such, can be seen main is assist better decision making. The note by osmond vitez, demand media nature of accountingobjectives accountingusers accounting informationbranches. The role of accounting in the businessthe business principles accounts for gce o level. What is the role of accounting standard? Quora. Attitudes as to the role of environmental accounting in these potential and a part ems has been 27 jun 2015 i read through some articles on modern business environment. Role of accounting in the business. The role of accounting in the business boundless 119 7274 url? Q webcache. This means that they receive before you could read had to learn the alphabet. Over the next few articles, we ll discuss how you can clearly define roles and responsibilities of your account
Views: 155 Tell sparky
How To Do A Balance Sheet
 
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http://www.accounting101.org/how-to-do-a-balance-sheet How to do a balance sheet: a balance sheet is a financial document that shows the assets, liabilities, and owners' equity of a company at a given point in time. It's different from the income statement in that it is a snapshot on any given day, whereas the income statement spans a time period. Most companies prepare their balance sheets quarterly and yearly. How To Do A Balance Sheet To put together a balance sheet, you'll obviously need all of the financial data from your different trial balances. In reality, the information for a balance sheet starts with the individual transactions, but the purpose of this article is just to show you how to organize a balance sheet. First of all, there are two sides to the balance sheet: the right and left side. On the left side, you'll have your assets. On the right side, you'll have two sections: liabilities and owners' equity. The left and right side will always be equal, and the main balance sheet equation is: Assets = Liabilities + Owners' Equity This makes sense because the Assets are on the left side, and it will always equal what is on the right side, which is the Liabilities and Owners' Equity accounts added together.
Views: 832217 SuperfastCPA
Entry level interview questions for Accounts, Accounting, Finance Jobs
 
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For a detailed article on the subject visit: http://careersandmoney.com/job-interview-questions-and-answers-for-accounting-and-finance-careers/ Here are links to 2 playlists which have more than 15 videos giving individual questions and answers. 1. Interview Questions & Answers for Accounts, Accounting, Finance Jobs https://www.youtube.com/playlist?list=PLSx9V0Bx_O_qQ9rIFEPi8eLTbv22MAcBx 2. Bank Interview Questions and Answers Series https://www.youtube.com/playlist?list=PLSx9V0Bx_O_q44bZ7TEnUIRflxXFFmJvm Our Standard Video Making Gear (affiliate links): • Laptop: https://amzn.to/2GYTX8u • Microphone: https://amzn.to/2L1yXQS • Mobile Phone: https://amzn.to/2smb6Uo • Camera: https://amzn.to/2GYDVeA • Tripod Stand: https://amzn.to/2IW20sn • Photography Backdrop: https://amzn.to/2L3rqkl • Photography Light Kit: https://amzn.to/2spOZfQ MORE USEFUL VIDEOS: • Entry level Job Interview Questions for Accounts, Accounting, Finance Jobs and Links to Answers o Why did you select Accounting or Finance as your Career? https://www.youtube.com/watch?v=B3L2flP1HeA o What did you do in your last job? https://www.youtube.com/watch?v=bUsDS4WNaNI o What is the recent skill you have learnt? https://www.youtube.com/watch?v=a9H9gEyEYgw o What are Fictitious Assets? https://www.youtube.com/watch?v=HPMT6vLJlaY • Common Bank Interview Questions and Answers https://www.youtube.com/watch?v=e0g8mDzi6Y4&t=123s • Sales Job Interview Questions and Answers https://www.youtube.com/watch?v=Y5F42ECHCxk • Important Job Interview Questions for Fresh Graduates https://www.youtube.com/watch?v=QVH9rs8W8l4 • Entry level interview questions for Accounts, Accounting, Finance Jobs https://www.youtube.com/watch?v=Kone-glRdRI • Commonly Asked Business School Interview Questions for MBA Entrance https://www.youtube.com/watch?v=XjTyUqPUTp4 • Entry Level Job Interview Questions and Answers for Engineers https://www.youtube.com/watch?v=pGHrJYGcD0s&t=20s • Tricky Brainteaser Job Interview Questions https://www.youtube.com/watch?v=Z79dqDLH_Qw FOR CAREER DEVELOPMENT SERVICES: • Interview Training: http://careersandmoney.com/interview-coaching/ • Career Counseling: http://careersandmoney.com/career-counselling/ • Executive Coaching: http://careersandmoney.com/executive-coaching/ • CV Making: http://careersandmoney.com/cv-writing-services/ Social Media Links • https://www.facebook.com/cvmaking • https://twitter.com/careersmoney Other useful links • http://www.cvmaking.com • http://acsjobs.in/content/page/corporate-training.php • http://cvmaking.com/modules/cms/about-the-ceo.php Do like | Do share and post your views. More videos coming soon. All the best ! wish you all the success careersandmoney Sundeep Kataria Since 1997 CVMAKING.COM -- a division of ACS CONSULTANTS offers dedicated: • Interview Coaching • Career Counseling • Executive Coaching • Personality Development • Professional CV Writing • Cover Letter Writing • CV Evaluation • Resume Flash Services to candidates all across India as well as many other English speaking countries. For more details of our services, click http://cvmaking.com/ or http://careersandmoney.com/ or contact us at [email protected] ABOUT SUNDEEP KATARIA Professionally he is a Management Consultant, Corporate Trainer, Motivational Speaker, Life Coach, Content Writer, Corporate Trainer & Author. Sundeep Kataria is highly educated and professionally qualified - MBA, Post Graduate Diploma in International Trade from Indian Institute of Foreign Trade (one of the top 10 B Schools in India). He has authored 4 books besides regularly writing many blogs and articles. CONTACT US FOR CONDUCTING OPEN WORKSHOPS AND IN -- HOUSE TRAINING PROGRAMS FOR A UNIQUE EXPERIENCE. Keep practicing with this video often, to sustain the benefits. Contact: Phone : (+91-11) 43022692, 43022693, 9873372726 Image Credit: FreeDigitalPhotos.net and Pixabay.com
Views: 397451 Careers and Money
International Accounting Standards Board
 
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The International Accounting Standards Board is the independent, accounting standard-setting body of the IFRS Foundation. The IASB was founded on April 1, 2001, as the successor to the International Accounting Standards Committee. It is responsible for developing International Financial Reporting Standards, and promoting the use and application of these standards. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 8010 Audiopedia
FIFO vs. LIFO Inventory Accounting
 
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How should you be accounting for your inventory? Our Finance and Accounting Expert, Andrew Marder gives you a brief overview of the FIFO and LIFO methods. Visit Andrew's Finance and Accounting Software Blog: http://blog.capterra.com/articles/finance-software/?utm_medium=social&utm_source=YouTube&utm_campaign=Video-Prospecting&utm_content=FIFOLIFO The Top 20 Most Popular Accounting Software Infographic: http://www.capterra.com/accounting-software/#infographic View and compare your options: http://www.capterra.com/accounting-software/?utm_medium=social&utm_source=YouTube&utm_campaign=Video-Prospecting&utm_content=FIFOLIFO
Views: 120989 Capterra
Wages Journal Basics - How to Payroll Accounting
 
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In this video, I share how to complete wages journals for payroll. This tutorial demonstrates UK Payroll accounting but the principles of double-entry are used internationally. The debits and credits of gross pay, net pay, employers and employees tax are detailed. Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Support this Channel https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=FHGCUQ8GU9VB6 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Learn more at www.freebookkeepingaccounting.com
Views: 27987 BookkeepingMaster
1084. Prudence Principle of Accounting
 
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Views: 12976 Arinjay Academy
What Are The Generally Accepted Accounting Principles?
 
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Generally accepted accounting principles gaap investopediagenerally investopedia. Accounting principles accountingcoach accounting explanation url? Q webcache. Generally accepted accounting principles basics. Gaap definition of generally accepted accounting principles (gaap) authoritative rules, practices, and conventions meant to provide both broad guidelines 21 jun 2016. Gaap comprises a broad set 2 apr 2015 if your company hopes one day to issue stock or participate in mergers and acquisitions, knowledge of generally accepted accounting but, what exactly is gaap why it mandatory requirement with today's business accountants? The principles 16 sep 2012 topic (generally principles) presented by m. Generally accepted accounting principles in the united states project pages. The phrase 'generally accepted accounting principles' (or 'gaap') consists of three important sets rules (1) the basic principles and guidelines, (2) detailed standards issued by fasb its predecessor board (apb), (3) generally industry (gaap) are a common set principles, procedures that companies must follow when they compile their financial statements 24 sep 2015 this article describes in detail ten gaap (generally principles), used to regulate practices prepared presented company typically an external some countries, local applied for regular but listed 'what principles? ' regulations part life everyone, including those. Generally accepted accounting principles (gaap) definition generally cliffs notes. Primary objective the of this project is to incorporate into. Nauman sher accounting the process of recording business each final standards update has an effective date when companies and nonpublic single source authoritative nongovernmental u. Generally accepted accounting principles gaap investopedia. In this lesson, you will learn about gaap what is gaap? This definition explains is, how it's pronounced and it stands for. But while you may not need a degree in accounting to run your why do we generally accepted principles (gaap)? This short video provides the answer for those who are new work of faf, gaap principles, which updated regularly reflect latest methodologies, definitive source guidelines that companies accountants use (gaap) guide them recording and reporting financial information. Shierarchy of generally accepted accounting principles (gaap gasb. Learn more about these commonly followed accounting rules a detailed summary of gaap generally accepted principles the standards used by accountancy profession internationally 8 jan 2015 as small business owner, you wear accountant hat from time to. The ten generally accepted accounting principles ( gaap) invensiswhat is gaap? what gaap (generally. Hierarchy of generally accepted accounting principles (gaap hierarchy). What are the generally accepted accounting principles (gaap)? . The importance of generally accepted accounting principles (gaap). Googleusercontent search. General accepted accounting principles or gaap what does it (generally principles) slidesharewhat is generally (gaap)? Definition (gaap u.
Views: 93 Tell sparky
What Is Meant By Generally Accepted Accounting Principles?
 
00:46
Generally accepted accounting principles generally gaap investopedia. Generally accepted accounting principles (gaap) readyratios. Generally accepted accounting principles generally gaap investopedia terms g. 08h of as 3101, reports on audited generally accepted accounting principles meaning, definition, what is generally accepted accounting principles gaapGenerally accepted accounting principles generally accepted accounting principles gaap investopedia. General accepted accounting principles or gaap what does it are the generally (gaap)? . Generally accepted accounting principles (gaap) are a common set of principles, standards and procedures that companies must follow when they compile their financial statements gaap (generally principles) is collection commonly followed rules for reporting. Gaap specifications include definitions of concepts and principles, as well industry specific rules generally accepted accounting principles (gaap) is a framework standards, procedures defined by the professional in this lesson, you will learn about conservatism definition & principle my full name financial statements prepared presented company typically follow an external some countries, local are applied for regular companies but listed 'what principles? ' phrase 'generally principles' (or 'gaap') consists three important sets (1) basic guidelines, acronym principlesthat means guidelines such cost authoritative rules, practices, conventions meant to provide both broad why do we need (gaap)? This short video provides answer those who new work faf, students current professionals expected have strong knowledge. What is gaap (generally accepted accounting principles generally (gaap) definition what gaap? The standard wikipediawhat (gaap)? Definition the importance of (gaap)generally basics. Generally accepted accounting principles dictionary definition generally (gaap as 2815 the meaning of 'present fairly in conformity with. An identification of the country origin those generally accepted accounting principles also is required (see paragraph. The ten generally accepted accounting principles ( gaap) invensis. Googleusercontent search. Asp url? Q webcache. Generally accepted accounting principles (gaap) refers to a widely set of rules, standards, conventions, and collection rules procedures conventions that define practice; Includes broad guidelines as well detailed 21 jun 2016. The acronym is pronounced 'gap. These rules and 2 apr 2015 if your company hopes one day to issue stock or participate in mergers acquisitions, knowledge of generally accepted accounting but, what exactly is gaap why it a mandatory requirement with today's business accountants? The principles 8 jan are the should into practice clearly defined set rules, methods, procedures 24 sep this article describes detail ten (generally principles), used regulate practices meaning definition.
Views: 132 Tell sparky
A Mind Map of Accounting Standards - Financial Reporting Module 1
 
03:03
Practice questions, videos and other resources to help you with your CPA Program studies are available at knowledgequity.com.au. We are an independent provider of support resources for the CPA Program and are not affiliated with CPA Australia.
10 Generally Accepted Auditing Standards (GAAS)
 
07:48
Professional Audit Standards
Views: 5480 Accounting made Easy
Finding accounting articles in ScienceDirect
 
02:01
Tutorial on finding accounting articles in ScienceDirect
Views: 57 lecia1167
Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | #1
 
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Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | Debit and Credit are two most common words in finance and accounting In double entry book system, every debit must have a corresponding credit entry. A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry. Whenever an accounting transaction is created, at least two accounts are always impacted, with a debit entry being recorded against one account and a credit entry being recorded against the other account. There is no upper limit to the number of accounts involved in a transaction - but the minimum is no less than two accounts. The totals of the debits and credits for any transaction must always equal each other, so that an accounting transaction is always said to be "in balance." If a transaction were not in balance, then it would not be possible to create financial statements. Thus, the use of debits and credits in a two-column transaction recording format is the most essential of all controls over accounting accuracy. There can be considerable confusion about the inherent meaning of a debit or a credit. For example, if you debit a cash account, then this means that the amount of cash on hand increases. However, if you debit an accounts payable account, this means that the amount of accounts payable liability decreases. These differences arise because debits and credits have different impacts across several broad types of accounts, which are: Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance. Facebook : https://www.facebook.com/charteredwisdom/ Email : [email protected]
Views: 157794 Chartered Wisdom
Explain What is Executive Accounting ?  Accounting and Finance Job Interview Question and Answer
 
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Explain What Is Executive Accounting - Accounting and Finance Job Interview Question and Answer For a detailed article on the subject visit: http://careersandmoney.com/job-interview-questions-and-answers-for-accounting-and-finance-careers/ Here are links to 2 playlist which have more than 15+ videos giving individual questions and answers. 1. Bank Interview Questions and Answers Series https://www.youtube.com/playlist?list=PLSx9V0Bx_O_q44bZ7TEnUIRflxXFFmJvm 2. Interview Questions & Answers for Accounts, Accounting, Finance Jobs https://www.youtube.com/playlist?list=PLSx9V0Bx_O_qQ9rIFEPi8eLTbv22MAcBx MORE USEFUL VIDEOS: • Entry level Job Interview Questions for Accounts, Accounting, Finance Jobs and Links to Answers o Why did you select Accounting or Finance as your Career? https://www.youtube.com/watch?v=B3L2flP1HeA o What did you do in your last job? https://www.youtube.com/watch?v=bUsDS4WNaNI o What is the recent skill you have learnt? https://www.youtube.com/watch?v=a9H9gEyEYgw o What are Fictitious Assets? https://www.youtube.com/watch?v=HPMT6vLJlaY • Common Bank Interview Questions and Answers https://www.youtube.com/watch?v=e0g8mDzi6Y4&t=123s • Sales Job Interview Questions and Answers https://www.youtube.com/watch?v=Y5F42ECHCxk • Important Job Interview Questions for Fresh Graduates https://www.youtube.com/watch?v=QVH9rs8W8l4 • Entry level interview questions for Accounts, Accounting, Finance Jobs https://www.youtube.com/watch?v=Kone-glRdRI • Commonly Asked Business School Interview Questions for MBA Entrance https://www.youtube.com/watch?v=XjTyUqPUTp4 • Entry Level Job Interview Questions and Answers for Engineers https://www.youtube.com/watch?v=pGHrJYGcD0s&t=20s • Tricky Brainteaser Job Interview Questions https://www.youtube.com/watch?v=Z79dqDLH_Qw FOR CAREER DEVELOPMENT SERVICES: • Interview Training: http://careersandmoney.com/interview-coaching/ • Career Counseling: http://careersandmoney.com/career-counselling/ • Executive Coaching: http://careersandmoney.com/executive-coaching/ • CV Making: http://careersandmoney.com/cv-writing-services/ Social Media Links • https://www.facebook.com/cvmaking • https://twitter.com/careersmoney Other useful links • http://www.cvmaking.com • http://acsjobs.in/content/page/corporate-training.php • http://cvmaking.com/modules/cms/about-the-ceo.php Do like | Do share and post your views. More videos coming soon. All the best ! wish you all the success careersandmoney Sundeep Kataria Since 1997 CVMAKING.COM -- a division of ACS CONSULTANTS offers dedicated: • Interview Coaching • Career Counseling • Executive Coaching • Personality Development • Professional CV Writing • Cover Letter Writing • CV Evaluation • Resume Flash Services to candidates all across India as well as many other English speaking countries. For more details of our services, click http://cvmaking.com/ or http://careersandmoney.com/ or contact us at [email protected] ABOUT SUNDEEP KATARIA Professionally he is a Management Consultant, Corporate Trainer, Motivational Speaker, Life Coach, Content Writer, Corporate Trainer & Author. Sundeep Kataria is highly educated and professionally qualified - MBA, Post Graduate Diploma in International Trade from Indian Institute of Foreign Trade (one of the top 10 B Schools in India). He has authored 4 books besides regularly writing many blogs and articles. CONTACT US FOR CONDUCTING OPEN WORKSHOPS AND IN -- HOUSE TRAINING PROGRAMS FOR A UNIQUE EXPERIENCE. Keep practicing with this video often, to sustain the benefits. Contact: Phone : (+91-11) 43022692, 43022693, 9873372726 Image Credit: FreeDigitalPhotos.net and Pixabay.com
Views: 1819 Careers and Money
Lynda Gratton: The shift from rules-based to principles-based companies
 
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A new generation of CXOs is rethinking how their organizations do business, says Lynda Gratton — broadening the scope for both business and social innovation. For the full article: http://i-cio.com/big-thinkers/lynda-gratton/item/the-shift-from-rules-based-to-principles-based-companies More Big Thinker interviews: http://www.i-cio.com/big-thinkers About: Lynda Gratton Professor of management practice at London Business School, head of the Future of Work Research Consortium and best-selling business author, Lynda Gratton focuses on people-centric strategies for transforming companies.
Views: 2059 Editor I – CIO
English Articles  -  3 Simple Rules To Fix Common Grammar Mistakes & Errors
 
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Grab the short course for $1! 👇👇👇 Stop making the 10 most common Mistakes English Learners Make! https://www.mmmenglish.com/grammar-challenge/ In this course you’ll practise what you learned in this lesson about English articles with quizzes and worksheets. PLUS, there are 9 more grammar lessons and quizzes to help you practise! This lesson will teach you three simple rules to help you to use English articles better. I KNOW this is a lesson that you need to watch because articles are one of the most complicated parts of English grammar! There are lots of rules and lots of exceptions for using English articles, so in this lesson, I've tried to explain it more clearly for you. There are three English articles - a, an and the. It is also possible to have no article. Using each of these articles changes the meaning of your sentence. Even though articles are a challenging part of speaking English, they are a really important part of English! They give information about the noun they come before. Using articles incorrectly can make your sentences confusing or sound strange! To improve your English fluency and sound more natural you need to use English articles well. To get better exam results, you need to improve the way you use articles - especially in your writing tests! I hope these three simple rules will help you to do that! Read the full transcript to this video on my blog: https://www.mmmenglish.com/2017/07/19/using-english-articles-3-simple-rules-fix-common-grammar-mistakes-errors/ mmmEnglish RECOMMENDS: Grammarly Grammar Checker can help you to use articles better - Get the Grammarly Grammar Checker FREE when you use this link: https://grammarly.go2cloud.org/SHp9 Rype - Where Busy People Practice English with real English teachers: https://www.rypeapp.com/ref/mmmEnglish/ English Listening Practice - Try Audible for FREE! http://www.audibletrial.com/mmmEnglish Improve your English pronunciation and speaking skills by practicing with the mmmEnglish Imitation Technique! (SERIES 1) Storytelling: https://www.mmmenglish.com/imitation/ (SERIES 2) Describing people's personality and behaviour: https://www.mmmenglish.com/imitation-2 CONTACT mmmEnglish: mmmEnglish Website: http://bit.ly/mmmEnglish Find me on Facebook: http://bit.ly/mmmEnglishFB Find me on Instagram: http://bit.ly/mmmEnglishInsta Ladies Facebook Group http://bit.ly/LadiesLoveEnglish TweetMe on Twitter: http://bit.ly/TweetMmmEnglish Music Credit: Crimson Fly - Huma-Huma: https://youtu.be/qpxhgby-ONI
Views: 287902 mmmEnglish
What is LEAN ACCOUNTING? What does LEAN ACCOUNTING mean? LEAN ACCOUNTING meaning & explanation
 
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What is LEAN ACCOUNTING? What does LEAN ACCOUNTING mean? LEAN ACCOUNTING meaning - LEAN ACCOUNTING definition - LEAN ACCOUNTING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The purpose of Lean Accounting is to support the lean enterprise as a business strategy. It seeks to move from traditional accounting methods to a system that measures and motivates excellent business practices in the lean enterprise. What we now call lean manufacturing was developed by Toyota and other Japanese companies. Toyota executives claim that the famed Toyota Production System was inspired by what they learned during visits to the Ford Motor Company in the 1920s and developed by Toyota leaders such as Taiichi Ohno and consultant Shigeo Shingo after World War II. As pioneer American and European companies embraced lean manufacturing methods in the late 1980s, they discovered that lean thinking must be applied to every aspect of the company including the financial and management accounting processes. (See also, William Deming.) There are two main thrusts for Lean Accounting. The first is the application of lean methods to the company's accounting, control, and measurement processes. This is no different from applying lean methods to any other processes. The objective is to eliminate waste, free up capacity, speed up the process, eliminate errors and defects, and make the process clear and understandable. The second (and more important) thrust of Lean Accounting is to fundamentally change the accounting, control, and measurement processes so they motivate lean change and improvement, provide information that is suitable for control and decision-making, provide an understanding of customer value, correctly assess the financial impact of lean improvement, and are themselves simple, visual, and low-waste. Lean Accounting does not require the traditional management accounting methods like standard costing, activity-based costing, variance reporting, cost-plus pricing, complex transactional control systems, and untimely confusing financial reports. These are replaced by lean-focused performance measurements; simple summary direct costing of the value streams; decision-making and reporting using a box score; financial reports that are timely and presented in "plain language" that everyone can understand; radical simplification and elimination of transactional control systems by eliminating the need for them; driving lean changes from a deep understanding of the value created for the customers; eliminating traditional budgeting through monthly sales, operations, and financial planning processes (SOFP); value-based pricing; correct understanding of the financial impact of lean change; As an organization becomes more mature with lean thinking and methods, they recognize that the combined methods of Lean Accounting in fact creates a Lean Management System (LMS) designed to provide the planning, the operational and financial reporting, and the motivation for change required to prosper the company's on-going lean transformation.The purpose of Lean Accounting is to support the lean enterprise as a business strategy. It seeks to move from traditional accounting methods to a system that measures and motivates excellent business practices in the lean enterprise. What we now call lean manufacturing was developed by Toyota and other Japanese companies. Toyota executives claim that the famed Toyota Production System was inspired by what they learned during visits to the Ford Motor Company in the 1920s and developed by Toyota leaders such as Taiichi Ohno and consultant Shigeo Shingo after World War II. As pioneer American and European companies embraced lean manufacturing methods in the late 1980s, they discovered that lean thinking must be applied to every aspect of the company including the financial and management accounting processes. (See also, William Deming.) There are two main thrusts for Lean Accounting. The first is the application of lean methods to the company's accounting, control, and measurement processes. This is no different from applying lean methods to any other processes. The objective is to eliminate waste, free up capacity, speed up the process, eliminate errors and defects, and make the process clear and understandable. The second (and more important) thrust of Lean Accounting is to fundamentally change the accounting, control, and measurement processes so they motivate lean change and improvement, provide information that is suitable for control and decision-making, provide an understanding of customer value, correctly assess the financial impact of lean improvement, and are themselves simple, visual, and low-waste.
Views: 4199 The Audiopedia
Basic Accounting Terms – 1 of 4 | StayLearning |CBSE Class 11 | (HINDI | हिंदी)
 
35:44
In this Video we would enable to understand in Easy Concepts – 1) Business Transactions 2) Capital 3) Drawing 4) Liabilities (Current and Non Current Liabilities) 5) Assets (Current and Non Current Assets) 6) Account 7) Capital Receipts 8) Revenue Receipts 9) Capital Expenditure 10) Revenue Expenditure 11) Expense 12) Income 13) Profit 14) Gains 15) Losses 16) Purchase 17) Purchase Returns 18) Sales 19) Sales Returns 20) Goods 21) Stock or Inventory 22) Trade Receivables (Debtors and Bills Receivables) 23) Trade Payables (Creditors and Bills Payables) 24) Cost 25) Vouchers 26) Discount (Trade and Cash) 27) Books of Accounts 28) Entry 29) Debit 30) Credit 31) Proprietor 32) Depreciation 33) Cost of Goods Sold 34) Bad Debts 35) Insolvent 36) Solvent 37) Balance Sheet 38) Book Value Buy Now Complete Video Lectures - http://vijayadarsh.com/Accountancy-XI.html Buy Now Handwritten Notes - http://vijayadarsh.com/Accountancy-XII.html Website: http://www.vijayadarsh.com E-mail: [email protected] Join us on Facebook: https://www.facebook.com/VijayAdarshIndia Join us on Google+: https://plus.google.com/u/0/+VIJAYADARSH Contact: +91 9268373738 (Buy Now all Video Lectures) About Vijay Adarsh: Vijay Adarsh (CEO and Director of StayLearning) is a Successful Teacher and Famous Coach. He is the most enthusiastic, dynamic, informative and result oriented coach. He is a commerce graduate from Delhi University. After completing B.com (Hons), he completed his post-graduation and now pursuing PhD. He started teaching students of and motivating people at the age of 17 and possesses a vast experience of teaching more than 45,000 hrs. He has simplified subjects and made it very interesting, Learning with Fun and Easy for the students. His easy class notes, beautiful animated & graphic presentations are popular among the students. He is popular among the student community for possessing the excellent ability to communicate the concepts in analytical and graphical way. He has conducted many seminars & workshops on various topics for Students, Teachers, Schools, Businessman, Housewife, Income Tax Offices, Doctors, CA's and Corporate Houses. He is also the author of several Books, e-Books, Motivational Articles & Stories Books and Launched many Audio & Video Programs. About Video Lectures: Video Lectures for Accountancy by Vijay Adarsh evolved as utility services for our own students. We had thought that recorded lecture would be an excellent reinforcement tool for the students and it proved to be exactly that. We have video lectures for Class 11th, 12th, B.Com (H/P), M.Com, MBA examination. These are our classroom lectures which form a very good source of study material. Now we also have special set of video lectures which are specially prepared to suit the need for the board students. The Lectures Covers in full depth, the description of all the involved concepts. Studying through lectures largely reduces the need of individual tuition. Lectures can be use at a pace which suits us. Students can pause and rewind the lectures according to their need. Complete practice tests and solutions of every topic would also be provided. Website: http://www.vijayadarsh.com Join us on Facebook: https://www.facebook.com/VijayAdarshIndia Join us on Google+: https://plus.google.com/u/0/+VIJAYADARSH E-mail: [email protected] Contact: +91 9268373738 (Buy Now all Video Lectures)
Views: 390312 StayLearning
What is COST ACCOUNTING? What does COST ACCOUNTING mean? COST ACCOUNTING meaning & explanation
 
01:44
Do you travel a lot? Get yourself a mobile application to find THE CHEAPEST airline tickets deals available on the market: ANDROID - http://android.theaudiopedia.com - IPHONE - http://iphone.theaudiopedia.com or get BEST HOTEL DEALS worldwide: ANDROID - htttp://androidhotels.theaudiopedia.com - IPHONE - htttp://iphonehotels.theaudiopedia.com What is COST ACCOUNTING? What does COST ACCOUNTING mean? COST ACCOUNTING meaning - COST ACCOUNTING definition - COST ACCOUNTING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Cost accounting is a process of collecting, recording, classifying, analyzing, summarizing, allocating and evaluating various alternative courses of action & control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Since managers are making decisions only for their own organization, there is no need for the information to be comparable to similar information from other organizations. Instead, information must be relevant for a particular environment. Cost accounting information is commonly used in financial accounting information, but its primary function is for use by managers to facilitate making decisions. Unlike the accounting systems that help in the preparation of financial reports periodically, the cost accounting systems and reports are not subject to rules and standards like the Generally Accepted Accounting Principles(GAAP). As a result, there is wide variety in the cost accounting systems of the different companies and sometimes even in different parts of the same company or organization.
Views: 50399 The Audiopedia
INTRODUCTION TO ACCOUNTING | Part 1 of 2 by Vijay Adarsh || Stay Learning (HINDI | हिंदी)
 
17:52
Benefits of StayLearning One to One Tutoring • LIVE recorded video lectures. (Full Syllabus Covered) • Step by Step Solution • Conceptual Clarity • Learn at your Own Speed - Play | Pause | Re-watch | Skip • Learn at your Own Time • Complete classroom recordings of our actual classroom program at Delhi. • We are most trusted and tested in the field of coaching. • 45,000 + Hours of Experience in Training Students We also offer blended learning program Customized to your need. We Provide Complete Video Lectures for Class XI, XII, B.Com (Prog), B. Com (Hons), M. Com, MBA. About StayLearning: StayLearning is an online educational Organisation which caters to the need of quality education. Our highly experienced faculty provides proper guidance and ensures that learning is easy and fun. We provide tutorials accompanied by visual representation. The visual literacy improves the child's ability to comprehend and understand the topic with much more efficacy. It leaves a deeper and a more long lasting impact. We lay out a host of teaching and learning solutions that include rich-media digital learning materials which make it easier for the students to grasp the concept. Practice assignments and self-evaluation tests are provided to make self-study more efficient and interesting. The students can also replay the previous classes thereby helping in brushing up the earlier learned concepts. Our content repository consists of several such topics that students usually find hard to decipher but are made easy with the help of visual literacy. Video Lectures for Accountancy by Vijay Adarsh evolved as utility services for our own students. We had thought that recorded lecture would be an excellent reinforcement tool for the students and it proved to be exactly that. We have video lectures for Class 11th, 12th, B.Com (H/P), M.Com, MBA examination. These are our classroom lectures which form a very good source of study material. Now we also have special set of video lectures which are specially prepared to suit the need for the board students. The Lectures Covers in full depth, the description of all the involved concepts. Studying through lectures largely reduces the need of individual tuition. Lectures can be use at a pace which suits us. Students can pause and rewind the lectures according to their need. Complete practice tests and solutions of every topic would also be provided. About Vijay Adarsh: Vijay Adarsh is a Successful Teacher and Famous Motivational Coach. He is the most enthusiastic, dynamic, informative and result oriented coach. He is a commerce graduate from Delhi University. After completing B.com (Hons), he completed his post-graduation and now pursuing PhD. He started teaching students of and motivating people at the age of 17 and possesses a vast experience of teaching more than 45,000 hrs. He has simplified subjects and made it very interesting, Learning with Fun and Easy for the students. His easy class notes, beautiful animated & graphic presentations are popular among the students. He is popular among the student community for possessing the excellent ability to communicate the concepts in analytical and graphical way. He has conducted many seminars & workshops on various topics for Students, Teachers, Schools, Businessman, Housewife, Income Tax Offices, Doctors, CA's and Corporate Houses. He is also the author of several Books, e-Books, Motivational Articles & Stories Books and Launched many Audio & Video Programs. BUY NOW complete LIVE Video Lectures Contact: +91 9212373738 +91 9268373738 E-mail: [email protected] [email protected] Website: www.vijayadarsh.com www.staylearning.com Join us on Facebook: https://www.facebook.com/VijayAdarshIndia
Views: 187748 StayLearning
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
 
10:33
http://www.ifrsbox.com The short summary of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations. For more videos, articles, files and IFRS news please check http://ifrsbox.com :)
Views: 39724 Silvia M. (of IFRSbox)
1085. CBSE Accounts for Class XI - Matching Principle of Accounting
 
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Views: 7065 Arinjay Academy
Article About Everything.mp4
 
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Articles about Accounting, accounting jobs, accountants certified public, accounting, accountant salary, general accounting, why study accounting, accounting study guide, Accounting careers
Views: 53 aCountmein2
Ben Carson Finds $516.4 Billion in ‘Mismanaged’ Obama Dollars – Media Blackout
 
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Please Help Me To 100,000 Sub : Great American Daily : https://bit.ly/2palAoG Ben Carson Finds $516.4 Billion in ‘Mismanaged’ Obama Dollars – Media Blackout Housing and Urban Development Secretary Ben Carson has discovered that Barack Obama mismanaged $516.4 billion in taxpayer dollars. The result of a new, independent audit of the last years of President Obama’s term, 2015 and 2016 – show an almost criminal attempt to cover-up gross mismanagement of funds and a wealth of errors. Thetruthdivision.com reports: Here’s what Audit Report 2017-FO-0005, released Wednesday, notes: “The total amounts of errors corrected in HUD’s notes and consolidated financial statements were $516.4 billion and $3.4 billion, respectively. There were several other unresolved audit matters, which restricted our ability to obtain sufficient, appropriate evidence to express an opinion.” That is a lot of waste, fraud, and abuse. The audit continues, noting exactly why they made a “check-up” of the department: “Our objective was to express an opinion on the fairness of HUD’s consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP) applicable to the Federal Government. This report presents our reissued independent auditor’s report on HUD’s fiscal years 2016 and 2015 (restated) consolidated financial statements, including an update to our report on HUD’s internal controls.” Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Community Guidelines Disclaimer: The points of view and purpose of this video is not to bully or harass anybody, but rather share that opinion and thoughts with other like-minded individuals curious about the subject. #BenCarson #$5164Billion #Mismanaged #Obama #DollarsMedia #Blackout Read More/Source/Credit/FairUse:https://bit.ly/2AEGKBp
Views: 20279 Great American Daily
1176. Accounting Entity or Business Entity concept
 
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Visit our website www.arinjayacademy.com for Hindi,  Maths, Accounts, CA Final International Tax, Direct Tax at following links  Hindi Class 6 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-हिंदी-व्याकरण-class-6/ Hindi Class 7 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-7/  Hindi Class 8 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-8/ Hindi Class 9 and Class 10 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-10/ Maths Class 3 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-3/ Maths Class 4 Notes, click -  https://www.arinjayacademy.com/maths-class-4/ Maths Class 5 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-5/  Maths Class 6 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-6/  Maths Class 7 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-7/  Maths Class 8 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-8/ Accounts Class 11 Notes, click - https://www.arinjayacademy.com/accounts_class-xi/ Accounts Class 12 Notes, click  -  https://www.arinjayacademy.com/accountancy-class-12/  CA Final International Tax Notes, click -  https://www.arinjayacademy.com/ca-final-elective-paper-6c-international-tax/ Transfer Pricing Notes, click -  https://www.arinjayacademy.com/transfer-pricing/ International Tax Article by Article Notes, Click -  https://www.arinjayacademy.com/international-tax-interpreting-tax-treaty/ Download Arinjay Academy app at : - https://play.google.com/store/apps/details?id=com.arinjayacademy You can access our content at https://www.arinjayacademy.com/learn Practice Accounts Exercise Class XII at - https://www.arinjayacademy.com/learn/Accounts-Class-XII?tab=3 Practice Maths Exercise Class VI at - https://www.arinjayacademy.com/learn/MathsClassVI?tab=3 Practice Maths Exercise Class VII at - https://www.arinjayacademy.com/learn/Maths--Class---7-?tab=3 Practice Hindi Exercise Class VI at - https://www.arinjayacademy.com/learn/Hindi---Class-6--?tab=3 Practice Economics Exercise Class XII at - https://www.arinjayacademy.com/learn/Economics---Class-12?tab=3
Views: 8423 Arinjay Academy
What is POSITIVE ACCOUNTING? What does POSITIVE ACCOUNTING mean? POSITIVE ACCOUNTING meaning
 
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What is POSITIVE ACCOUNTING? What does POSITIVE ACCOUNTING mean? POSITIVE ACCOUNTING meaning - POSITIVE ACCOUNTING definition - POSITIVE ACCOUNTING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Positive accounting is the branch of academic accounting research that seeks to explain and predict actual accounting practices. This contrasts with normative accounting, that seeks to derive and prescribe "optimal" accounting standards. Positive accounting emerged with empirical studies that proliferated in accounting in the late 1960s. It was organized as an academic school of thought of discipline by the work of Ross Watts and Jerold Zimmerman (in 1978 and 1986) at the William E. Simon School of Business Administration at the University of Rochester, and by the founding of the Journal of Accounting and Economics in 1979. When published, the pioneering articles were greeted with considerable criticism. Positive accounting can be associated with the contractual view of the firm. The firm is viewed as “a nexus of contracts” and accounting one tool to facilitate the formation and performance of contracts. Under this view, accounting practices evolve to mitigate contracting costs by establishing ex ante agreement among varying parties. For example, positive accounting postulates that conservatism in accounting –in this sense defined conditionally as requiring lower (higher) standards of verifiability to recognize losses (gains)– has origins in contract markets, including managerial compensation contracts and lender debt contracts. As an example, absent conservatism, managerial compensation agreements may reward managers based on current reports that later evidence indicates were unwarranted. The contractual view of positive accounting puts it in tension with value relevance studies in accounting: the latter contend that accounting’s primary role is to value the firm, and thus practices like conservatism are sub-optimal. The value relevance school emphasizes the usefulness of accounting information to equity investors in contrast to its usefulness in contracting exercises. The efficiency perspective is taken into Positive Accounting theory as researchers explain how various managers choose accounting methods that show a true representation of the firm's performance. Within this perspective, it is stated by numerous authors that accounting practices adopted by firms are often explained on the basis showing the true image of financial performance of the firm. The opportunistic perspective holds the view that managers, who are agents to the principal, act to their self-interests. They only adopt accounting policies that allow them to gain, in the view that the firm also gains. Different types of hypothesis exist such as political cost, bonus plan and debt hypothesis that show what motives make the managers choose one accounting method over another.
Views: 2339 The Audiopedia
Research title proposal (Accounting Principles & Concepts)
 
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Aileen M. Dimaporo ACT133 TITLE PROPOSAL
Views: 134 Aileen Dimaporo
Hedge Accounting IAS 39 vs. IFRS 9
 
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http://www.ifrsbox.com Get free report Top 7 IFRS Mistakes! On 19 November 2013, new rules for hedge accounting were issued in the amendment to IFRS 9. A hedging is making an investment or acquiring some derivative or non-derivative instruments in order to offset potential losses (or gains) that may be incurred on some items as a result of particular risk. A hedge accounting means designating one or more hedging instruments so that their change in fair value offsets the change in fair value or the change in cash flows of a hedged item. Hedge accounting rules in IAS 39 are too complex and strict. Many companies that actively pursued hedging strategies could not apply hedge accounting in line with IAS 39 because the rules did not allow it. As a result, new hedging rules in IFRS 9 were issued. What do IAS 39 and IFRS 9 have in common: 1. Optional: A hedge accounting is an option, not an obligation -- both in line with IAS 39 and IFRS 9. 2. Terminology: Both standards use the same most important terms: hedged item, hedging instrument, fair value hedge, cash flow hedge, hedge effectiveness, etc. 3. Hedge documentation: Both IAS 39 and IFRS 9 require hedge documentation in order to qualify for a hedge accounting. 4. Categories of hedges: Both IAS 39 and IFRS 9 arrange the hedge accounting for the same categories: fair value hedge, cash flow hedge and net investment hedge. 5. Hedge ineffectiveness: Both IAS 39 and IFRS 9 require accounting for any hedge ineffectiveness in profit or loss. 6. Use of written options as hedging instruments is prohibited by both standards. Differences in hedge accounting between IAS 39 and IFRS 9 Under new IFRS 9 rules, you can apply hedge accounting to more situations as before because the rules are more practical, principle based and less strict. The most important changes: 1. What can be used as a hedging instrument IFRS 9 allows you to use broader range of hedging instruments, so now you can use any non-derivative financial asset or liability measured at fair value through profit or loss. 2. What can be your hedged item With regard to non-financial items IAS 39 allows hedging only a non-financial item in its entirety and not just some risk component of it. IFRS 9 allows hedging a risk component of a non-financial item if that component is separately identifiable and measurable. 3. Testing hedge effectiveness IAS 39 requires numerical tests of hedge effectiveness, both prospectively and retrospectively. IFRS 9 outlines more principle-based criteria with no specific numerical thresholds. 4. Rebalancing IAS 39 required terminating the current hedge relationship and starting the new one. IFRS 9 makes it easier, because it allows certain changes to the hedge relationship without necessity to terminate it and to start the new one. 5. Discontinuing hedge accounting IAS 39 allowed companies to discontinue hedge accounting voluntarily, when the company wants to. IFRS 9 does not permit that. 6. Other differences There is a number of other differences between hedge accounting under IAS 39 and IFRS 9 -- please check this video to learn more!
Views: 108136 Silvia M. (of IFRSbox)
Elon Musk's Basic Economics
 
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Get your custom domain at http://hover.com/wendover Check out Joseph from Real Life Lore's book: http://amzn.to/2laZBie Subscribe to this new channel from Wendover Productions: https://www.youtube.com/halfasinteresting Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: [email protected] Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Joe Cieplinski (http://joecieplinski.com/) Elon Musk Photo 1 courtesy Heisenberg Media SpaceX footage courtesy SpaceX Tesla footage courtesy Tesla Music: "Under Suspicion" by Lee Rosevere and "Euphoric" by Sound of Picture Big thanks to Patreon supporters: Kevin Song, Kevin Song, David Cichowski, Andy Tran, Victor Zimmer, Paul Jihoon Choi, Dylan Benson, M van Kasbergen, Etienne Dechamps, Adil Abdulla, Arunabh Chattopadhyay, Ieng Chi Hin, Ken Rutabana, John Johnston, Connor J Smith, Rob Harvey, Arkadiy Kulev, Hagai Bloch Gadot, Aitan Magence, Eyal Matsliah, Sihien Goh, Joseph Bull, Marcelo Alves Vieira, Hank Green, Plinio Correa, Brady Bellini
Views: 3229778 Wendover Productions
What Are The Fundamentals Of Accounting?
 
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Learning the basic accounting concepts sets you on path to understanding more complicated principles of well, it's fundamentals subject Chapter 1 slidesharefundamental accountingverse. 20 jul 2014 for more content and question refer afzalur here in this slide fundamentals of accounting are discussed. Being able to understand this language fundamental accounting concepts. You'll learn all about financial accounting, managerial accounting and income taxes. Review balance sheet components, analy. After study this slide you will fundamentals of accounting from university illinois at urbana champaign. Accounting is the language of business. Level of knowledge basic. Fundamentals of accounting chapters 1, 2, & 3 flashcards basic concepts basics for students. Section a fundamentals of accounting and auditing icsifundamental principles management study guide. The article discusses the basic fundamental principles of financial accounting everything (study notes, problems solutions, question answers) that you need to learn about acconting process and various related section a fundamentals accountingalison's free online course explores statements, including profit loss account balance sheet this explanation basics will introduce some principles, concepts, terminology. The focus is on financial statements that a firm prepares each year. Fundamentals of accounting i peoi. We'll go over balance acc 15 introduces the accounting concepts, principles, and procedures needed in bookkeeping financial presentation of single proprietorships participants to theory practice basic with use various source documents underlying chapter 1 language business types entities need for information. Section a fundamentals of accounting syllabus. In preparing general purpose financial statements, several guidelines that are understood by both the accountants who prepare them and users of such reports should be followed. Fundamental concepts of accounting money instructoraalto eeacc 15 fundamentals (3 units). Paper 4 fundamentals of accounting and auditing. Ateneo de manila fundamentals of accounting get through guides. Fundamental accounting concepts accountingverse. These fundamental concepts then form the basis for all of fundamentals accounting is a cost effective and flexible study module on basic financial management. Financial accounting basic fundamental process. Googleusercontent search. Chapter 1 fundamentals of accounting slideshare chapter1 fundamental ofaccounting url? Q webcache. How entries are recorded in order for that information to make sense, accounting is based on 12 fundamental concepts. Once you this course is a review of the fundamental concepts accounting. Those guidelines are called generally accepted accounting principles or gaap bos knowledge portal common proficiency test (cpt) study material section a fundamentals of. By enrolling, you will learn everything in this course the basics of accounting. Chapter 1 fundamentals of accounting slidesharefundamental concepts accountingverse. Paper 2 fundamentals of accounting institute cost accountants free course online accountingcoach. Objective to familiarize and develop an 28 aug 2008.
Views: 51 Tell sparky

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