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).
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...
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...
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...
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...
Accounting For Dummies
Learn the basics of practical accounting
Featuring the latest information on accounting methods and standards, this guide shows you how to avoid accounting fraud, minimize confusion, maximize profits, and make sense of accounting basics. You'll quickly understand how to...
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...
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
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 🙏❤
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...
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...
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...
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..
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...
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...
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.
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...
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 -...
drop all your book inquiry and i'll checked if i have it.
please include the book title and author.
marami po akong collection of books.
sa mga matutulungan wala po hit and run. palike and feedback po
TIA
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...
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...
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!
Hello po ka PHC nagbabasakali lang po ako baka meron po sa inyo ang may Solution Manual ng Cost Accounting ni Guerrero 2014-2015 edition. May bayad kasi sa scribd need credit card wala ako nun eeh :)
T h a n k Y o u P o In Advanced
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.
Hello fellow future CPAs! ^ω^
Share ko lang 'tong solution manual sa book ni manong valix. ^.^
Download Link: https://www.datafilehost.com/d/CLOSED
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...
Hi po, sino po merong soft copy ng mga 'to:
Financial Accounting 1, 2, 3 Sol man by Valix
Practical Accounting 1 by Valix
Financial Management (any author)
Management Accounting (any author)
Sana po may makatulong. Malaking tulong po ito para mas maintindihan ko yung mga topics. Thanks!
First thread of mine.
Any accountancy candidate or graduate who plans to take the board may refer to this thread.
We may share our thoughts on how to effectively study accounting, how to pass the board exam or just to make knowledge on the course.
Let's provide what others need.
Share any of...