Accounting is referred to
as the art of recording, collecting, summarizing and presenting the
transactions. The branch of accounting dealing with the recording and
summarizing the transactions of financial nature is known as the financial
accounting, in order to get them presented in the books of financial accounts
including the balance sheet or the income statement. As per the accounting
standards, the financial accounting has several common rules, which are used by
a number of individuals in their desired ways. Reliability, comparability,
relevance and understand ability are the four qualities of the financial
accounting. Friday, August 5, 2016
Be Friendlier with Financial Accounting by Taking the Financial Accounting Assignment help
Accounting is referred to
as the art of recording, collecting, summarizing and presenting the
transactions. The branch of accounting dealing with the recording and
summarizing the transactions of financial nature is known as the financial
accounting, in order to get them presented in the books of financial accounts
including the balance sheet or the income statement. As per the accounting
standards, the financial accounting has several common rules, which are used by
a number of individuals in their desired ways. Reliability, comparability,
relevance and understand ability are the four qualities of the financial
accounting. 
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