by Phillip | Oct 15, 2014 | Accounting
All commerce students must have a clear understanding of the topic “Internal Controlâ€. After all, it has relevance to practical life as it involves everything that controls risk posed to an organization. As such, clear and proper understanding of the topic becomes...
by Phillip | Oct 9, 2014 | Accounting
The valuation of Fixed Asset is a very vast subject and many students have a lot of problem as the subject gets too overwhelming for them. But the good thing about this part of the accountancy is that if done correctly then there is a chance to get a high grade. For...
by Phillip | Oct 9, 2014 | Accounting
Before you learn about the importance of Current Assets & Current Liabilities homework help, have a clear concept about current assets and current liabilities. In personal finance current asset is that assets which can be converted into cash to pay off any debt...
by Phillip | Oct 9, 2014 | Accounting
GAAP stands for Generally Accepted Accounting principles. The subject of US GAAP Accounting is very vast subject and many students have major issues with this subject. It is seen that most of the students do not do that well in this subject and that is why there are...
by Phillip | Oct 9, 2014 | Accounting
A Financial statement of a company and also its subsidiaries when presented as a single entity is called consolidated statement. This financial statement will be of all assets and also liabilities, incomes with expenditures, equity and cash flows. This subject is one...
by Phillip | Oct 9, 2014 | Accounting
Adjusting Entry is a very important part of accountancy. The journal entries which are made to allocate expenditure and also income at the end of the accounting period but it is done to the period when it actually took place. This part of accountancy is very important...