My Accounting Course

My accounting dictionary is written completely in everyday, non-accounting language, so you can understand it. I explain each accounting term in detail and give a few examples… Read more… Accounting Basics Accounting deals with identifying business activities, recording these activities, and communicating these activities with investors and creditors… Read more… Accounting Principles The rules of accounting is based on a framework of accounting principles and concepts. It is important to understand and memorize these accounting principles because… Read more… Accounting Cycle Accounting cycle is the financial process starting with recording business transactions and leading up to the preparation of financial statements… Read more… Financial Statements Financial statements are reports prepared and issued by company management to give investors and creditors additional information about a company’s performance and financial standings… Read more… Financial Ratios Financial ratios are mathematical comparisons of financial statement accounts or categories. Relationships like the gross margin ratio help investors and creditors analyze a company’s…