Financial Statement Audit in Business | Procedures and Steps

stages of audit process

How to Conduct an Audit of Financial Statements?And Important to Its Users. Financial statement examines the entity of the company which is an audit and who examine the statement is called auditor. The auditor examines whole reports and attaching the discloser for handed over company’s responsible persons. An audit report like as assessment for the … Read moreFinancial Statement Audit in Business | Procedures and Steps

The Financial Statement | Why it’s Essential for Business Entity

The statement of financial position examples

Do you want to know Balance Sheet? And how does it works? Different types of financial document and information help to find the financial condition of the business for making a sound decision and gather informative information about the business. The balance sheet is reflecting financial statement analysis and condition about a small business or … Read moreThe Financial Statement | Why it’s Essential for Business Entity

Users Of Financial Statement | Future Investor of the Business

Users of financial statement analysis

Do you know why the Financial Statement is important for their users?   The financial statement is a statement which reflects the company’s overview and also important for business owners investor and many other people who are involved in the financial reports. The statement made in the period in monthly quarterly and yearly basis. The … Read moreUsers Of Financial Statement | Future Investor of the Business

The Basics Accounting | Brings your business success

Basic accounting concepts

Don’t have any knowledge Accounting or Bookkeeping? If not, read it.   Accounting is the process to record the transactions in a financial book. On the other hand, it is a system to process identifying, recording, measuring, classifying, verifying, summarize the transactions. In the broad sense accounting basics familiar to you some basic accounting terms … Read moreThe Basics Accounting | Brings your business success

4 Types Of Financial Statement | Clear Concepts for it’s Users

Types of financial statement analysis

4 Types you should know about the financial statement.  A business owner always wants to know how well his /her business runs. They are all watchful and inborn business sense of how their business is doing? In fact, business owners are seeking results of business how close hitting the targeted budget figure in every month. … Read more4 Types Of Financial Statement | Clear Concepts for it’s Users

Financial Statement Definition | Why it’s Essential For Owners

Financial Statement analysis

Why financial statement will important in your business?-Explanations. When a report reflects financial activities and position of a person, business or an others entity is called financial statement. The summary shows a firm fund structure what is the current position of the business. It consists of three basic statements; (1) Cash flow (2) Income statement … Read moreFinancial Statement Definition | Why it’s Essential For Owners

Double Entry Accounting Software For Personal Finance | Elect One

Double entry accounting software for home finance

Are you worried! To use your personal finance software? – So read it. When you start saving money or think to manage money from personal management then you may face some problem to manage this money. Personal finance is an only solution to manage your money well and double entry accounting system can help to … Read moreDouble Entry Accounting Software For Personal Finance | Elect One

Bank’s Debit and Credit | You Can Fathom Bank’s Recording Process

debit and credit of bank term

Don’t understand the record of banks debit and credit? Learn Now!   If you want to know your bank accounts position, the bank will provide you a statement. If you have no knowledge about debit and credit or basic bookkeeping than you are not able to figure it out what happens in your account’s transactions? … Read moreBank’s Debit and Credit | You Can Fathom Bank’s Recording Process

Method of Debit Vs Credit Memo in Accounting | Users For the Memo

Debit memo Vs Credit Memo examples

Do you know about Debit and Credit Memo? How does it work?   Debit Memo A debit memo refers to an amount deducts from bank accounts. In other meaning, a check is written and place to bank accounts is to same effects in accounts. Bank charges from accounts holder bank charges for deposited amount into … Read moreMethod of Debit Vs Credit Memo in Accounting | Users For the Memo

Double Entry Vs. Single Entry Accounting | Which One is Best!

Double entry and single entry in accounting

Double Entry Vs.The Single Entry which one prefers the business world? When you start your own business whether it is small or an entity business you might be appointed an accountant or you will maintain your daily transactions in an account. First, you have to decide what accounts system you may follow? Either it will … Read moreDouble Entry Vs. Single Entry Accounting | Which One is Best!