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Financial Accounting AN INTRODUCTION ABOUT US Evan Vitale Certified Public Accountant
ACCOUNTING Principles Financial Accounting reports are useful only, if it’s comparable with other companies and easy to understand. “GAAP Therefore, while preparing Financial Accounting reports, you must keep in mind that it must be in compliance with Generally Accepted Accounting Principles. Note
DOUBLE ENTRY System Every Financial Statement is recorded as per the “Double Entry System” and affects at least two accounts.
FINANCIAL Statements CASH FLOW STATEMENT STOCKHOLDERS’ EQUITY BALANCE SHEET INCOME STATEMENT
FINANCIAL Reporting and a report to the Securities and Exchange Commission and/or other regulators in some cases. It includes preparing an annual report for stockholders
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