Financial Accounting Intro

Financial Accounting Intro Flashcards Test Prep

Financial Accounting Intro Flashcards

This best-seller mobile app help you archive your goal easily by the following unique features:

- Break learning materials into small sets of practice questions & terms

- Master each set effortlessly by many ways: flashcard, matching game, true/false, multiple choice

- Detect & separate automatically the most difficult questions

- Track your learning process on every set and exam taken

- Ready for the Exam by Exam Simulator

Premium Features:

+) Lifetime access to all Practice Questions & Terms prepared by EXPERTS for the most current exam.

+) Unlimited access to the EXAM BUILDER & SIMULATOR.

+) Automatically FILTER your most difficult questions.

+) PROGRESS TRACKING for every question & exam taken

+) Lifetime support & Updates

Free version:

+) Hundreds of practice questions & terms

+) 5 Free Exam Builder

+) Free Matching Game

+) Filter hardest and weakest questions

Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.

Financial accounting utilizes a series of established accounting principles. The selection of accounting principles to use during the course of financial accounting depends on the regulatory and reporting requirements the business faces. For public companies in the United States, businesses are required to perform financial accounting in accordance with Generally Accepted Accounting Principles (GAAP). International public companies also frequently report financial statements in accordance to International Financial Reporting Standards. The establishment of these accounting principles is to provide consistent information to investors, creditors, regulators and tax authorities.

Disclaimer:

This application just is an excellent tool for self-study and exam preparation. It's not affiliated with or endorsed by any testing organization, certificate, test name or trademark.