Posted inFinancial Accounting
Income Statement
The income statement is one of the three primary financial statements used to assess a company’s performance and financial…
Posted inFinancial Accounting
Profit & Loss (P&L) Statement
WHAT IS A PROFIT & LOSS (P&L) STATEMENT? The profit & loss (P&L) statement is one of the…
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Types of financial models
Top 10 types of financial models There are many different types of financial models. In…
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Financial Statement Analysis for Beginners
Financial statements are without a doubt the most important resource for any individual investor. All companies…
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IFRS (International Financial Reporting Standards)
International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent,…
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Audit Department
What is an Audit Department An audit department is a unit within a company or…
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Institute Of Internal Auditors – IIA
What is the Institute Of Internal Auditors - IIA The Institute of Internal Auditors (IIA)…
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Certified Internal Auditor – CIA
Certified Internal Auditor (CIA) is a certification offered to accountants who conduct internal audits. The Certified Internal…
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Accounts Payable – AP
Accounts payable (AP) is an accounting entry that represents a company's obligation to pay off…
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Accounts Receivable – AR
What are Accounts Receivable - AR Accounts receivable is the balance of money due to a…