Cost Accounting Definition Cost accounting involves to determining the expense of products, processes, assignments, etc. in order to report the proper amounts on the financial statements, and assisting…
Construction Accounting Construction accounting is a form of project accounting placed on construction projects. Discover also production information technology. Construction accounting is often a vitally necessary form…
Net Income Net income is a corporation’s overall earnings (or profit). Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation,…
Chartered Accountant Chartered accountant work in every fields of business and finance, which include audit, taxation, fiscal and general administration. Some are engaged in public areas practice…
Certified Public Accountant Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. In the United States they’re going to have passed…
Certified Management Accountant Certified Management Accountant certification is a professional credential that can be earned in this advanced management accounting and financial supervision field. The certification signifies that…
Certified General Accountant Qualified General Accountant is a professional designation granted to Canadian accountants. Someone who meets the education, experience and examination requirements on the Certified General Accountants…
Revenue Recognition Revenue Recognition is an accounting principle beneath generally accepted accepted technology principles (GAAP) that determines the specific conditions under which income becomes understood as revenue.…
Adjusting Entries Adjusting entries usually are made on the final day of an accounting period (year, quarter, month) so this financial statements echo the revenues which were…
Depreciation Depreciation is often a method of allocating the money necessary for a tangible tool over its beneficial life. Businesses depreciate long-term resources for both levy…
Book value Book Value is the value in which an asset is carried on a balance sheet. To calculate, take the price of an asset without the…
Bookkeeping Definition Bookkeeping involves the procedure of recording, analyzing and interpretation the financial transactions of a business or particular person. The discipline of bookkeeping makes up a…