distan wrote 28 posts

Understanding Financial Statements

Financial accounting’s focus is on the financial reports distributed to people outside of the company. The major component of financial reporting is the financial statements: income statement, balance sheet, statement of cash flows, and the statement of stockholders’ equity. The income statement indicates a company’s profitability during a specified time period such as one year, […]

Management and Financial Accounting

Accounting is usually seen as having two distinct strands, Management and Financial accounting. Management accounting, which seeks to meet the needs of managers and Financial accounting, which seeks to meet the accounting needs of all of the other users. The differences between the two types of accounting reflect the different user groups that they address. […]

The Apettite supressant 37.5 milligram Weight Loss Substance – How Powerful Could It Be?

With all the nonsense on being and staying thin, thousands of weight loss suppliments and merchandise have penetrated the market, typically puzzling shoppers with statements of performance and speedy. Based on studies, People in america invest up to $56 billion dollars each year and losing weight items. Unfortunately, of this amount, about $6 million has […]

The Advantages and Disadvantages of Corporate Financial Reporting

Corporate Financial Reporting is part of corporate reporting that consists of financial statements and accompanying notes that are prepared in conformity with Generally Accepted Accounting Principles (GAAP). The financial statements are summaries of business transactions during the financial year of the corporation. The business world has many forms of organizations ranging from the for profit […]