Financial accounting (or financial accountancy) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders.
DurationFinancial accounting (or financial accountancy) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders.
Financial capital maintenance can be measured in either nominal monetary units or units of constant purchasing power.
The fundamental need for financial accounting is to reduce principal–agent problem by measuring and monitoring agents' performance and reporting the results to interested users.
Financial accountancy is used to prepare accounting information for people outside the organization or not involved in the day-to-day running of the company. Management accounting provides accounting information to help managers make decisions to manage the business.
In short, financial accounting is the process of summarizing financial data taken from an organization's accounting records and publishing in the form of annual (or more frequent) reports for the benefit of people outside the organization.
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Diploma in Financial Accounting course is offered by LCC. We at LCC strive to pass on the same commitment of excellence to our students, as well as business partners. This value system and change in perception becomes a life long asset for them.
Whether a business works for profit or non-profit, finances are important. Business needs money like a well needs water. Both require staying full. Hence financial management gains importance over all other functions in organizations.
Certificate in Financial Accounting course is offered by CWC (Computer World Classroom). At our computer institute, we take pride in providing high-quality education and training to students seeking to enhance their skills in the ever-evolving field of technology.
Certificate in Financial Accounting & Taxation Management is offered by AIESECI. Our organization has tie-ups with industry for on - the - job training purpose as well as wage employment purpose.
This course provide complete knowlegde on financial statement preparation mechanisum based on Companies Act 2013 also reports to be prepared for the management decision making purpose. MIS report stands for Management Information System report.
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