Understanding Basic Accounting Terms

You probably have heard of Basic Accounting Terms before, but you don’t know exactly what they mean. This guide explains these terms and provides easy-to-understand definitions. A basic understanding of accounting is important for anyone who earns income. It’s even helpful for those who run small businesses, because having a basic understanding of how accounting […]

A Master of Science in Accounting and Financial Management Program at Temple University

A Master of Science in Accounting and Financial Management program at Temple University’s Fox School of Business focuses on the development of managerial and financial management skills, and prepares students for the CPA Exam. This program is tailored to working professionals in accounting, management, supply chain roles. Students may choose to focus on finance, which […]

Accounting Information Is Critical For Management

Accounting or accountancy is the basic measurement, interpretation, and reporting of financial and non-financial data about companies and other financial entities. This includes information regarding purchases, sales, cash flows, inventory, accounts payable and receivable, as well as the balance sheet. Accounting uses several tools to collect, process, record, communicate, analyze, and provide information needed by […]

Accounting Services

Accounting is a process of gathering financial information to be used in decision-making by a body or persons having the power to control or act on that information. Accounting is normally acknowledged as the collection, recording, interpretation, and reporting of information about financial and/or non-financial entities including corporations and companies. Accounting is a way of […]

What is Accounting?

Accounting is a part of the field called Accountancy. It has come to be one of the most popular, indispensable and common procedures across many industries. Accountancy or accounting is the scientific measurement, assessment, communication and processing of financial and other non-material information about different economic entities like enterprises and corporations. This information is used […]

Accounting Education

Accounting is the scientific process of collecting, recording, classifying, managing, monitoring, and communicating financial information about the financial aspects of non-financial corporate entities like businesses and corporations. It includes a systematic evaluation of financial transactions and activities in a company to give a fair market value to the assets and liabilities of the organization. It […]

What Is Management Accounting?

Accounting is one of the most important concepts to a company. There are three major parts to accounting and they are Auditing, Analysis, and Reporting. Accounting is the process by which the accountant measure, discloses or provides assurance about the financial condition of a business or organization. The word “accountancy” comes from the Latin phrase […]