Financial accounting – definition Financial accounting is recording, analysis and presenting financial transactions. It can be financial transaction of a individual, partnership, trust, company or any other body. Generally accepted principle of financial accounting are; International Financial Reporting Standards (IFRS) Generally Accepted Accounting Principles (GAAP) These standards and practices are adopted by various countries with additional requirement […]
Category: Financial accounting
All illustration, examples of financial accounting like IFRS, IASs, GAAP