Free Financial Accounting Tutorials. Understand the Basics of Financial Accounting with Accounting-Simplified in a step-by-step approach. Accounting topics explained with great simplicity and clarity. Definitions, Explanations, Examples, Articles, & More!
- IAS 33 Earning Per Share - Share Issue & Redemption
- Earnings per share ratio is used to evaluate the performance of an entity over a period. EPS must therefore take into account the resources used to generate the earnings in an accounting period.....Read More
- 25 Tips for ACCA Exam Success
- Here are 25 Tips to help you Pass your ACCA Exams. Much success in ACCA examinations can be achieved by following these simple guidelines which are relevant to all ACCA Examinations.....Read More
- Accounting for Convertible Bonds
- Convertible Bonds entitle bondholders to convert their bonds into a fixed number of shares of the issuing company usually at the time of their maturity. Convertible bonds are a type of.....Read More
- IAS 11 Construction Contracts
- IAS 11 defines construction contract as ... a contract specifically negotiated for the construction of an asset or a combination of assets ..."
Examples of construction contracts include those negotiated for the construction of highways, buildings, oil rigs, industrial units, pipelines, airlines and other similar assets.....Read More
- IAS 8 Accounting Policies, Estimates and Errors
- IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides guidance on how to account for the effects of changes in accounting policies, estimates and correction of prior period errors in financial statements.....Read More
- Accounting Concepts, Principles & Conventions
- Accounting Concepts and Principles are a set of broad conventions that have been devised to provide a basic framework for financial reporting. As financial reporting involves.....Read More
- Accounting for Receivables
- Accounts receivable is the balance owed to the entity by its customers in respect of sale of goods and services on credit......Read More
- Accounting for Payables
- Accounts payable is the balance owed by the entity to its suppliers in respect of purchase of goods and services on credit......Read More
- Bank Reconciliation
- Bank reconciliation statement is a report which compares the bank balance as per company's accounting records with the balance stated in the bank statement......Read More
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