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1

Double entry bookkeeping | Business accounting

http://www.learn-accounting.com/business_accounting/L1_2_double_entry_bookkeeping.php

In this lesson, recording transactions using T-accounts is explained. This is followed by an extention on the 'worksheet-method' of accounting, which was introducted in the previous lesson on financial statements - Using the accounting equation to record transactions. Finally, the full accounting cycle: from transactions to financial statements is illustrated. In the simple 'worksheet method', each balance sheet item has their column in an Excel-like worksheet. Increases in assets (assets have a normal d...

2

Inventory | Business accounting

http://www.learn-accounting.com/L1_4_inventory.php

In this section, I take a firm’s choice for either system as a given and focus on the accounting implications of each system. When the perpetual inventory system is used, the inventory T-account is updated with every purchase and every sale. When new inventory is purchased, the asset inventory is increased. When sold, the inventory is reduced and expensed as cost of goods sold. This system is therefore in line with the matching principle. Goods available for sale. Cost of goods sold. With the perpetual i...

3

Copyright Statement | Learn accounting

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Accrual accounting | Business accounting

http://www.learn-accounting.com/business_accounting/L1_3_accrual_accounting.php

The operating section of the cash flow statement shows the firm’s performance at a cash basis. The cash flow from operations is the amount of cash that has been generated with day-to-day operations. The period in which the cash is received or paid, is also the same as the period where it is included in computing the cash flow from operations. This is called cash accounting. Accrual accounting: allocating cash flows to periods. Cash accounting: the expense/revenue is recognized at time of the cash flow.

5

Inventory | Business accounting

http://www.learn-accounting.com/business_accounting/L1_4_inventory.php

In this section, I take a firm’s choice for either system as a given and focus on the accounting implications of each system. When the perpetual inventory system is used, the inventory T-account is updated with every purchase and every sale. When new inventory is purchased, the asset inventory is increased. When sold, the inventory is reduced and expensed as cost of goods sold. This system is therefore in line with the matching principle. Goods available for sale. Cost of goods sold. With the perpetual i...

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Accounting Links and Resources | Online Accounting Courses

http://www.myaccountingcourse.com/other/accounting-links-resources

Online Accounting Course -. American Institue of Certified Public Accountants. The AICPA is the world's largest member association representing the accounting profession, with nearly 386,000 members in 128 countries and a 125-year heritage of serving the public interest. Financial Accounting Standards Board. National Association of State Boards of Accountancy. International Financial Reporting and Standards Foundation. Learn more about IFRS. The CPA Journal Online. Tax and Accounting Sites Directory is a...

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Directory Revolution - Accounting

http://www.directoryrevolution.com/business/accounting

Information Systems Audit and Control Association. Https:/ www.isaca.org. Provides guidance, benchmarks and tools for enterprises that use information systems. Http:/ www.learn-accounting.com. Guides, information and resources covering all aspects of accounting including inventory, accounts receivables, liabilities and equity.

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Useful Links - Quickbooks Online

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Profit & Loss Template. Helpful Links for Accounting. These links will show you how the accounting world revolves. You will learn various accounting terms and how these are used. LearnAccounting.uct.ac.za. SyCip Gorres Velayo and Co. Association of Certified Public Accountants in Commerce and Industry. Philippine Institute of Certified Public Accountants. Association of Government Accountants of the Philippines. Sison Corillo Parone and Co. Helpful Links for your Business. Tips in growing your business.

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Amendments of the U.S. Constitution

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed. The enumeration in the Constitution, of certain rights, shall not be construed to deny or ...

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Learn _Accounting _Today

Sunday, November 7, 2010. Accounting Basics 3 - Assets. Accounting Basics 1- Where did Accounting Come From? Accounting Basics 2- Accounting Equation. Saturday, November 6, 2010. Accounting Basics 2- Accounting Equation. Accounting Basics 1- Where did Accounting Come From? Accounting Basics 1- Where did Accounting Come From? In order to facilitate the informed use of this financial information, accounting has come to be based on specified rules or conventions called “principles.” These pr...We’ve t...

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Business accounting | Learn accounting

Introduction to business accounting. In the introduction to business accounting the basics of financial accounting are covered: the various financial statements, the double entry method, two main principles of accounting (revenue recognition and matching principle). Furthermore, lessons on common topics related to the balance sheet (inventory, accounts receivables, long term assets, liabilities and equity) are included. It concludes with a section on the cash flow statement. Par and no par shares, Treasu...

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Let's Learn Accountings

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Learn Accounts - Online Courses

ONLINE TRAINING YOU CAN COUNT ON. WANT TO GET TO GRIPS WITH ACCOUNTING AND BOOK-KEEPING? Learn Accounting and Bookkeping Online Certification Courses Below we list our online certification and qualification courses that can help you achieve official qualifications and map out the entire journey to the given qualifications for you. These courses cover the syllabus and train you to become exam ready for the qualification and some of the courses include the full training and official exams. With over 10,000...

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