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Accounting

Accounting involves systematically recording, analyzing, and interpreting financial transactions. It provides insights into a business's financial health, aiding decision-making, regulatory compliance, and the communication of financial information to stakeholders.

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Explore Accounting Courses

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Bookkeeping & Accounting- Statement of Cashflows...

By : LEMMY FRANCISCO KAWONGA

Statement of Cash Flows...

4.8 1079

9:12:40 hrs   46 lectures Beginner Level   

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Bookkeeping & Accounting: Bank Reconciliation...

By : LEMMY FRANCISCO KAWONGA

Bookkeeping & Accounting: Bank Reconciliation...

4.8 897

4:57:10 hrs   16 lectures Beginner Level   

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PROCURE TO PAY - ACCOUNTS PAYABLES...

By : SONU THOMAS

Learn AP and P2P in a structured manner...

4.5 549

26 lectures All Level   

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Accounting Journal Entries...

By : SONU THOMAS

ONE STOP REPOSITORY of basic journal entries....

4.5 553

10 lectures Beginner Level   

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Basics of Credit Management- A Practical Approach...

By : Zenith Academics

Learn Fundamentals of Finance and Credit Management for Bankers and Financial Analyst...

4.1 942

5:17:26 hrs   55 lectures All Level   

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Good Loans & Bad Loans- All About NPA/NPL Management With Qu...

By : Zenith Academics

Ideal for CAIIB/CA/CS/CMA/CFA/MBA & Commerce Students and Practioners in Finance. Sui...

4 908

3:53:21 hrs   39 lectures All Level   

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Tally Prime GST + TDS + Payroll Basic to Advance Course ...

By : Veer Tutorial

Learn Tally Step by step real world practical examples of different businesses from 2...

4 1039

6:44:45 hrs   71 lectures Expert Level   

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Manage Cash Flow & Profit Course...

By : Biz Facility

Turn Sales into Cash...

4.1 722

4 lectures All Level   

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Financial Statements Ratio Analysis Course...

By : Biz Facility

How to analyse financial statements using key ratios...

4 551

1:11:29 hrs   10 lectures Intermedite Level   

javascript-course-for-beginner-to-expert-data-visualization

Accounts Payable Processing Course...

By : Biz Facility

Why Account Payable is important, and how it adds value to your business...

4 581

3 lectures All Level   

< 12
  • What is accounting?

    Accounting is the process of systematically recording, summarizing, and analyzing financial transactions of a business or organization. It involves preparing financial statements, interpreting financial data, and ensuring compliance with relevant accounting standards.

  • Why is accounting important?

    Accounting is essential for businesses to track their financial performance, make informed decisions, and comply with legal and regulatory requirements. It provides stakeholders, such as investors and creditors, with a clear picture of a company's financial health.

  • What are the basic principles of accounting?

    Basic accounting principles include the accrual basis (recording transactions when they occur, not when cash changes hands), the matching principle (matching expenses with revenues), and the principle of conservatism (prudent recognition of losses).

  • What are financial statements?

    Financial statements are reports that provide a snapshot of a company's financial position and performance. The main statements are the balance sheet (assets, liabilities, equity), income statement (revenues, expenses, profit), and cash flow statement (cash inflows and outflows).

  • How has technology impacted accounting?

    Technology has transformed accounting through the use of accounting software, automation, and cloud computing. These advancements streamline bookkeeping processes, improve accuracy, and provide real-time access to financial data, enhancing efficiency in financial management.

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