Accounting principles

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Fundamentals of Accounting Accounting is the procedure of data entry, recording, summarizing, analyzing, and then reporting the data related to financial tra

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Accounting Principles

Accounting Principles are the rules and benchmarks in accounting field, a company should follow. Lets understand each in this article.

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Initially, many countries developed their own accounting standards. All these standards were different from others in a way that each had a different approach,

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Summary of the accounting cycle financial accounting the process of identifying, recording, summarizing analyzing an financial transactions and reporting them

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What are the Advantages of Auditing | Detailed Explanation

Auditing is the process of examining an organization's financial statements to determine whether certain aspects are in accordance with local law, accounting standards, and accounting principles.

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What is GAAP? Generally Accepted Accounting Principles (US) are the commonly followed and accepted set of rules, procedures, and guidelines adopted by SEC (S

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