Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, analysis and reporting of information for internal use by management. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system. Accounting information systems are designed to support accounting functions and related activities.
Accounting has existed in various forms and levels of sophistication throughout human history. The double-entry accounting system in use today was developed in medieval Europe, particularly in Venice, and is usually attributed to the Italian mathematician and Franciscan friar Luca Pacioli. Today, accounting is facilitated by accounting organizations such as standard-setters, accounting firms and professional bodies. Financial statements are usually audited by accounting firms, and are prepared in accordance with generally accepted accounting principles (GAAP). GAAP is set by various standard-setting organizations such as the Financial Accounting Standards Board (FASB) in the United States and the Financial Reporting Council in the United Kingdom. As of 2012, "all major economies" have plans to converge towards or adopt the International Financial Reporting Standards (IFRS).

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    Help Accounting Books

    Mga master baka meron kayong alam na ganitong books "financial accounting and reporting for service providers and merchandisers" (accounting process 29th Edition) Willing to buy po if meron kayo
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    Help Freshmen Accounting student tips

    Any book suggestions for my upcoming school year? I'm looking for learning materials that could be helpful. Also, enlighten me about the CPA exam.
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    Tutorial Accounting, Finance And Banking - A Comprehensive Study

    Hidden content
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    Accounting for Non Accountants ELPATRON

    Basic Accounting For Non-Accountants Learning accounting is a must for everyone in business. It is not enough to rely on an accountant since it is you who will bear the greatest liability in case there is a problem. You must know at least enough to see if there are gross errors in your...
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    Tutorial Financial Accounting Fundamentals

    Financial Accounting Fundamentals II 2023 Size: 263MB Understand the accounting for a merchandise company. What you'll learn Learn accounting for a merchandise company Know how to prepare financial statements Know the purchase journal entries for a merchandiser Know the sales journal entries for...
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    Help Abm accounting

    patulong naman po sakin pinagawa yung activity ng pinsan ko wala po ako idea huhu
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    Hi, baka meron po kayo netong book na to copy pdf or epub po. Or baka may way para ma unlock sya sa cengageasia Product Details
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    Xero for accounting

    Good Day po, Meron po ba kayo na i tabi na xero course for accounting like same sa bookkeeping and zero. Salamat po <3
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    Help Financial accounting vol 2 valix 2019 solman

    Hello any one po na may solman po nito? Maraming salamat
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    Yung nag didiscuss teacher niyo sa Accounting

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    Help Xero Accounting System?

    Gandang umaga mga paps, meron sa inyo gumagamit neto? Kumusta experience? Mukhang oks yung features eh pwede pang-SMEs. Salamat!
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    Help Accounting

    estate tax problem with solution para sa reviewer ko po
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    Help Accounting | Balance Sheet

    Hi! Meron po bang accountant dito? Pede bang magpatulong? Ayaw kasing magbalance ng balance sheet. Gumagawa kasi ako ng 3-statement model, nagloloop lang ako. Possible na mali yung understanding ko sa long-term, short-term debt and repayment. Thank you!
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    1. Are accounting journal entries made at the end of the accounting period. 2. Enable you to adjust revenues and expenses to the accounting period within which they occurred. PREVIEW DETAILS: Accounts that require basic accounting adjusting entries: a. Accrued revenues b. Accrued expenses c...
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    PURCHASES JOURNAL ENTRY try simple Purchases Journal Entry: PREVIEW DETAILS:
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    I customized accounting software to helps your business easily manage. It is easy to use no need training required and a user-friendly environment software. Easy to familiarize the modules and functions of the software. System Features: 1. Check Voucher Entry a. Print Voucher b. Print...
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    Visual Basic Accounting System for Merchandising

    Need Accounting Software for Merchandising. Features: 1. Automatic computation Journal Entry for Cash Receipts on Credit Sales (Credit Card) involving Commission Expense, Expanded Tax Payable, Sales, and Output Tax. 2. Automatic computation Journal Entry for Cash Receipts on Sales...
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    Accounting Fundamentals by WIN Ballada 2020 Issue - 6th edition

    Baka po may softcopy kayo neto mga sir/maam, pashare naman po. Thanks!
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    Reviewer Accounting & Financial Statement Analysis

    Source Link File Download 1Gb Hidden content
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    Quickbooks Online vs. Other Accounting Programs

    Sino dito nakatry gumamit ng Quickbooks Online and yung iba pa na accounting system? Quickbooks Desktop (craked hehe) lang kasi gamit ko. Need ko gumamit ng legit na accounting system kasi medyo dumadami na ang clients ko and need ko ng cloudbased na system. Para kahit di ko dala yung computer...
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    Help Financial Accounting and Reporting

    Hello po baka may mga soft copy po kayo ng mga to: Financial accounting and reporting fundamentals 3rd edition by zeus vernon millan Financial accounting and reporting by Florencio Reyno and David Wagner Reyno Financial accounting and reporting by Brian Christian Villaluz and Michael Steve...
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    Help Free training - accounting

    Hi PHC! Asking for a friend po. May alam ba kayo training pang accounting specifically XERO. Kahit recorded pwede dn! Salamat!
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    Help [Solved] Accounting Related Question, need help kung paano isolve

    Good day, mga Ka-PH need ko po sana ng help kung paano po sagutin yung tanong sa ibaba. Though the answer is "D.", hindi ko po kasi maintindihan kung paano nakuha yung sagot na yun. Baka pwede pong pa-ask sa mga online tutor sa Course Hero, wala po kasi akong ρrémíùm account doon. hehe Salamat...
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    Help Supplier Payment Method sa Chart of account

    Good day mga boss. Need ko sana ng assist para sa mga marunong sa accounting regarding saan ko ba Ipapasok ung supplier payment sa list ng chart of account. Saan ko siya i-tatag or i-link. Initially me 3 cases and lahat sila sa "Advances to Supplier" nakalagay sa ngaun. Case 1: If cheque...
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    oki na
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    Visual Basic In-House Accounting Software

    Customized In-House Accounting Software Playlist 1. Trial Balance 2. Bank Recon 3. Subsidiary Ledger 4. Income Statement 5. Balance Sheet #accounting #software #contactme #09561739347 Interested parties #messageme #contactme #emailme
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    Stressed ka na ba sa manual accounting tasks mo?

    Sino ba namang ayaw sa stress free life haha! :ROFLMAO: Ika nga ng mga Accountants na kakilala ko "hindi nauubos ang stress sa accounting", but then I realized all these people have one thing in common. They fail to adapt digitalization. Bakit ka pa magpapaka hirap sa Manual Accounting kung may...
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    hello po, san po pwedeng makadownload or makahanap ng pdf versions ng mga book for accounting? conceptual framework and accounting standards pdf valix Basic Financial Accounting and Reporting by Win Ballada OBLICON by de leon A helping hand would help me become a future CPA!! Thank you po
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    Help Need held business ad student

    Bka nman po makakalimos ng mga references about certain subjects na nasa ibaba..books, pdfs, links, etc. -Management Accounting and Controllership -Strategic Management and Business Policy -Marketing Management -Ethical and Moral Issues in Business Management Thanks po 🙏❤
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    Bookkeeping Software for Businesses and Accountants

    At first, I wasn’t sure if I needed a Bookkeeping Software or Accounting Software for my small business, but when I started using a Bookkeeping Software Philippines, I realized that I can spend less time worrying about my books and focus more on running my business. This Bookkeeping Software...
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    Don't let Covid-19 disrupt your work environment!

    Are you thinking how can your business recover due to lockdown? How can it survive in this time of crisis? Are you also one of those CPAs who struggle to produce BIR Forms and Reports for your clients during ECQ? If the answer is YES! You must check this out! This Accounting System is the...
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    How to manage your BIR Responsibilities in the New Normal?

    Are you a CPA in the Philippines, managing your own firm and having challenges in keeping up with the fast-changing taxation policies, rules and regulations? And are you also tired of piling up deadlines? I have something to share! I just discovered this "QNE Accountants Program" that could...
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    Help Help po mga business course dyan

    Good pm mga lodi ask ko lang kung ano yung example ng financial repression dito sa bansa natin? Adcance saamat sa tutulong :))
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    Help Financial Accounting And Reporting Note / Summary

    Mga boss, may mga Summary or notes po ba kayo about Financial Accounting? or kung meron din po kayo Taxation and Business Law? Salamat po sa makakatulong po..
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    Accounting Daily Quiz

    For those who are taking BSA or any related accounting field. Feel free to answer the following problems :) 1. Adjusting entries that may be reversed include those for prepaid or unearned items that a. create an asset or an liability account b. were originally entered in a revenue or expense...
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    Need help po sa CHEGG

    Hello! Good evening. Badly need help po talaga mga 2hours na akong naghahanap ng source pero wala akong matinong mahanap. Chegg nalang po ata pag-asa ko pero di ko ma access. Kahit po kayo nalang mag access tapos screenshot niyo nalang po. Kahit na wag niyo na ako pahiramin ng account. Desperado...
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    Accounting Helpp

    Sino po my answers key ng book ni lupisa and baysa ng partnership and corp.. badly need it po...?
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    Closed Accounting

    Di ko alam kung mapapansin ito. Pero I need help guys. Di ko na talaga mabalanse. Di ko alam kung saan mali. Sino may alam about dito. Di ko na alam ginawa ko hahaha.
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    Trivia Basic accounting (para sa mga gustong matuto)

    Maligayang Araw! Napansin kong walang thread para sa topic na Basic Accounting dito. Bilang isang Certified Bookkeeper, nais ko sanang magbahagi ng mga kaalaman tungkol sa nasabing paksa at sumagot sa mga katanungan tungkol dito. Kapag mayroon kayong mga nais malaman tungkol sa Basic...
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    Closed Accounting sa buhay natin

    Base sa mga nababasa kong Financial books at napapanood kong sikat na mayayaman, halos iisa lang ang gusto nila iparating. Let's start sa Accounting basics Meron tayong A = L + C It means Assets is equal to Liabilities at Capital. Then dagdag natin dito yung: Income at Expenses A = L + C + I -...
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    Closed (help) accounting information systems by james hall test bank

    Baka naman po meron kayo mga boss. Kailangan lang para sa exam :)
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    Closed (help) cpar reviewers

    Mga paps, san po kaya makakahanap ng cpar reviewers? Malapit na exam eh review review din hahaha
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    Closed (help) accounting books solman

    Saan po kaya nakakadownload ng mga solution manual ng mga accounting books? Preferably po ay yung mga auditing books. Thank you!
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    Closed Accounting video lectures

    Hello ka PHC May alam po ba kayong video / audio lectures sa accounting? Pa share naman po :)
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    Closed Capstone: financial processing system [need assistance]

    Magandang araw ka PHC ito ho yung CAPSTONE ko, IDE DB GUI print preview of report user logs for monitoring para safe ma safe yung system sa mga kurakot na overides sa katunayan mga ka PHC ang rami ng functions ang aking system ang nagawa namin sa ay yung JEV Adj at Disbursement, TB, Balace...
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    Closed Para sa accounting students that needs help

    Para sa mga accounting students na kailangan ng tulong sa accounting subjects, post lang kayo ng questions niyo dito. Tutulungan ko kayo kapag may free time ako. Wala kasi masyado nagpopost about sa accounting subjects. Wag magalit kung di kaagad makakareply kasi may trabaho ako. Hindi ko rin...
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    Closed Hello cpas, and future cpas! pasok please

    Nagbabalak po ako na mag self study nalang sa Finacc tsaka sa Income Taxation. Dahil sa kasamaang palad, wala po akong natutunan sa mga prof. Suggest po kayo ng book tsaka kung may resources narin po kayo. Salamat!
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    Closed Guys, patulong please

    Sino po may mga soft copies nito? Malaking tulong po ito sa akin. Wala po kasi akong pambili ng ganyan kadaming books. :( Gustong gusto ko po kasing makapasa sa board. (Although third year palang ako ngayon) Nag aadvance read po kasi ako.
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    Full book solution manual - financial accounting volume one (valix2013)

    Hello fellow future CPAs! ^ω^ Share ko lang 'tong solution manual sa book ni manong valix. ^.^ Download Link: Hope it helps. Best of luck! (。・ω・。) P.S. Just sharing what I've already tried or am currently using. I don't claim any ownership with...