Practice and body of knowledge concerned primarily with (1) methods for recording transactions, (2) keeping financial records, (3) performing internal audits, (4) reporting and analyzing financial information to the management, and (5) advising on taxation matters. It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity. Accounting provides information on the (1) resources available to a firm, (2) the means employed to finance those resources, and (3) the results achieved through their use.
- Outsourcing Your Business
- Guide to Developing Your First Corporate Governance Policies
- Selecting Accounting Software for Your Small Business
- Setting Realistic Goals by Limiting Expectations
- Valuation Metrics for Small Businesses
- Should a Small Business Owner Take Accounting Courses?
- Financing Your Small Business - Writing a Business Plan *
- The FOMC and its Impact on Monetary Policy *