A Primer on Financial Accounting: Concepts and Applications - Couverture souple

Franco, Alexander

Couverture souple

ISBN 10 : 6207485378 ISBN 13 : 9786207485376

Editeur : LAP LAMBERT Academic Publishing, 2025

Synopsis

Financial accounting is a fundamental and indispensable discipline in the world of finance and a vital pillar of commerce. It involves the systematic recording, summarizing, and reporting of financial transactions of a business. The purpose of financial accounting is to provide accurate and standardized financial information to external stakeholders such as investors, creditors, regulators, and tax authorities. Financial accounting also allows for compliance with legal and regulatory requirements, financial transparency, assistance in investments/lending decisions, and the recording and preservation of historical financial data. This primer explores the concept of financial accounting, its objectives, the key principles that govern it, and its vital role in both business decision-making and the broader economy. Specifically, it explains and illustrates, among other things, the accrual principle, components of the accounting equation, the accounting cycle, and the development of financial statements. It also explores ethical considerations involved in the practice.

Détails de l'édition

• Éditeur: LAP LAMBERT Academic Publishing
• Date d'édition: 2025
• Langue: anglais
• ISBN 10: 6207485378
• ISBN 13: 9786207485376
• Reliure: Broché
• Nombre de pages: 124
• Coordonnées du fabricant: non disponible
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