Financial-Accounting-An-Introduction-Evan Vitale - PowerPoint PPT Presentation
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Financial-Accounting-An-Introduction-Evan Vitale
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Every Business persons wants to maintain his reputation amongst the market and also wants to expand in the economic level. For this purpose, Evan Vitale ensures best practices to be followed for a better marketing strength and for explosion of new opportunities that may help to lead your business at global level. – PowerPoint PPT presentation
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Title: Financial-Accounting-An-Introduction-Evan Vitale
1
Financial
Accounting
AN INTRODUCTION
ABOUT US
Evan Vitale
Certified Public Accountant
2
ACCOUNTING
Principles
Financial Accounting reports are useful only, if
its 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
3
DOUBLE ENTRY
System
Every Financial Statement is recorded as per the
Double Entry System and affects at least two
accounts.
4
FINANCIAL
Statements
CASH FLOW STATEMENT
STOCKHOLDERS EQUITY
BALANCE SHEET
INCOME STATEMENT
5
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
6
SOURCE
WWW.EVANVITALE.NET
