Basic Accounting

In this category, you will learn the fundamentals of accounting applicable to service and merchandising businesses. It will familiarize you to the accounting terms, concepts and principles necessary to understand and interpret the financial condition and performance of a business. It is recommended to students, non-accountants and small business owner who want to gain understanding on the basic of accounting.

Accountant Job Description

In this article, you will learn about the accountant job description, duties and responsibility, work environment, qualifications and requirements, and salary benefits.Learning the accountant job description is essential for you to gain an understanding on what to expect in your duty and role as an accountant, or when you hire an accountant for your business or … [Read more...]

Difference Between a Bookkeeper and an Accountant

Learning bookkeeping and accounting are both essential subjects if you want to start a career as a bookkeeper or an accountant.These two professions are considered as one of the most demanding and profitable career worldwide since every business is mandated by law, in the jurisdiction in which it operates, to keep a record of its business transactions and provide financial … [Read more...]

Difference Between Bookkeeping and Accounting

Bookkeeping and accounting are both relevant tool in communicating the financial activity, performance and condition of a business entity.The important role of bookkeeping and accounting in every business has increased the demand for bookkeeping and accounting job or services worldwide. Because of the high demand, it made bookkeeping and accounting as two of the most … [Read more...]

Business Transaction

In accounting, you record, classify, summarize and report financial information, of an individual, business or organization, to interested users. The reported financial information comes from what is referred to as business transactions.In understanding the accounting basic, you need to learn and get familiar to the starting point and core of the accounting process, which … [Read more...]

Types of Business Organizations

Business is an organization in which basic resources, called inputs, are assembled and processed to provide goods or services, called outputs, to customers. People who are engaged in business activity are called Entrepreneurs or Businessman.In general, a business can be defined as follows: "Business consist of an individual, group of individuals or organizations engaged in … [Read more...]