Financial Accounting

Financial Accounting is one part of the accounting related to the presentation of the company's financial statements to external parties in the form of balance sheet, profit and loss statement, Capital Changes and Cash Flow to shareholders, creditors or investors, especially on the profitability and credibility of the company, to suppliers and government ..

This application covers the following Financial Accounting materials

- Capital, Profit & Loss.

- Image of Debtor Creditors of Capital / Lender Owned / Lent.

- Income, Expenses, Receipts, Payments.

- The Need for Accounting.

- The Measurement Concept of Money.

- Basic Accounting Objectives.

- Objectives of Accounting, Elements / Aspects in Accounting, Separate Entities.

- Equal Capital Accounting Equations + Parties = Assets.

- Transaction Transactions on Accounting Equations.

- Dual Entity Concept.

- Account Type or Account Type - Personal, Real, Nominal.

- Account Illustration Type.

- Debit and Credit Rules - Accounting.

- Debit and Credit Illustration Rules.

- Journal - Book of Prime Entry, Journalising.

- Recording Transactions in Journals.

- Preparing the Great Book: Posting.

- Ledger Account Balance.

- Preparation and Objectives of the Trial Balance.

- Designing the Organizational Accounting System.

- Compound / Simple Joint Entry Entries.

- Compound Joint Entries.

Financial accounting is completed by local and international accounting standards. The Accepted Communicating Accounting Principles (GAAP) is the accounting for the company given in the given jurisdiction. This includes the standards, conventions and rules used in the recording and in the financial statements. On the other hand, the International Financial Reporting Standards (IFRS) is a set of standards that can be used in financial statements. IFRS is issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread in the international arena, consistency in financial reporting is becoming more common among global organizations.

Main feature

This application has features that are different from other applications, namely:

- Lightweight, Small Size App.

- List menu Simple and fast.

- Responsive and easy to navigate.

- Collection of latest Financial Accounting materials and updates.

- Materials that are easier and more accurate.

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