Financial Accounting
Nazmus Shakib
Financial accounting is the process of recording, summarizing and reporting a company's business transactions through financial statements. These statements are: the income statement, the balance sheet, the cash flow statement and the statement of retained earnings.
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Nazmus Shakib
Tk. 2000
Course Content
- Total 1 video lesson
- Total 0 Articles
- Last update - 2022/11/09 09:25:38
Eligibility
Work opportunities for a financial accountant can be found in both the public and private sectors. A financial accountant's duties may differ from those of a general accountant, who works for himself or herself rather than directly for a company or organization.
Net take out
Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet and cash flow statement, that record the company's operating performance over a specified period.