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Accounting

Accounting involves systematically recording, analyzing, and interpreting financial transactions. It provides insights into a business's financial health, aiding decision-making, regulatory compliance, and the communication of financial information to stakeholders.

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Explore Accounting Courses

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Basics of Credit Management- A Practical Approach...

By : Zenith Academics

Learn Fundamentals of Finance and Credit Management for Bankers and Financial Analyst...

4.1 1267

5:17:26 hrs   55 lectures All Level   

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Good Loans & Bad Loans- All About NPA/NPL Management With Qu...

By : Zenith Academics

Ideal for CAIIB/CA/CS/CMA/CFA/MBA & Commerce Students and Practioners in Finance. Sui...

4 1182

3:53:21 hrs   39 lectures All Level   

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Tally Prime GST + TDS + Payroll Basic to Advance Course ...

By : Veer Tutorial

Learn Tally Step by step real world practical examples of different businesses from 2...

4 1341

6:44:45 hrs   71 lectures Expert Level   

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2025 Basic Understanding Of Financial Statements Course...

By : Biz Facility

Financial Statements are vital to understand the management of your business...

4.3 754

5 lectures Beginner Level   

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TallyPrime+Tally.ERP9+GST+IncomeTax+TDS+MS Excel (Combo Pack...

By : Urs Ravi I Vedanta Educational Academy

A Compulsion Course for Accounting, Financial, MIS, Data Analysis, Tax Professional, ...

4.1 8871

24:49:34 hrs   275 lectures All Level   

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The cash flow | Forecast...

By : Daniel Alexandru Petrescu

How much will we have tomorrow...

4.8 8950

1:18:42 hrs   8 lectures Expert Level   

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The cash flow | Actuals...

By : Daniel Alexandru Petrescu

When your P/L shows something but your bank account disagrees...

4.7 8826

1:4:25 hrs   8 lectures Intermedite Level   

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Practical bookkeeping guide for freelancers and small busine...

By : Accounting is a piece of cake VRN

Income and expenses tracking...

4.6 54264

9 lectures All Level   

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  • What is accounting?

    Accounting is the process of systematically recording, summarizing, and analyzing financial transactions of a business or organization. It involves preparing financial statements, interpreting financial data, and ensuring compliance with relevant accounting standards.

  • Why is accounting important?

    Accounting is essential for businesses to track their financial performance, make informed decisions, and comply with legal and regulatory requirements. It provides stakeholders, such as investors and creditors, with a clear picture of a company's financial health.

  • What are the basic principles of accounting?

    Basic accounting principles include the accrual basis (recording transactions when they occur, not when cash changes hands), the matching principle (matching expenses with revenues), and the principle of conservatism (prudent recognition of losses).

  • What are financial statements?

    Financial statements are reports that provide a snapshot of a company's financial position and performance. The main statements are the balance sheet (assets, liabilities, equity), income statement (revenues, expenses, profit), and cash flow statement (cash inflows and outflows).

  • How has technology impacted accounting?

    Technology has transformed accounting through the use of accounting software, automation, and cloud computing. These advancements streamline bookkeeping processes, improve accuracy, and provide real-time access to financial data, enhancing efficiency in financial management.

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