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Posted inFinancial Accounting
How do you build a 3 statement model?
There are several steps required to build a three statement model, including: Input the historical…
Posted inFinancial Accounting
3 statement model
What is a 3 statement model? A 3 statement model links the income statement, balance…
Posted inFinancial Accounting
financial modeling
What is a financial model? A financial model is simply a tool that’s built in…
Posted inFinancial Accounting
Financial Reporting?
Definition: Financial reporting refers to the communication of financial information, like financial statements, to the financial…
Posted inFinancial Accounting
General Purpose Financial Statements?
General-purpose financial statements are issued throughout the year to aid investors and creditors in their…
Posted inFinancial Accounting
Financial Ratio Analysis
Financial ratios are mathematical comparisons of financial statement accounts or categories. These relationships between the…
Posted inFinancial Accounting
What is the Statement of Cash Flows?
The Statement of Cash Flows (also referred to as the cash flow statement) is one of…
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Chart of Accounts
Introduction to Chart of Accounts A chart of accounts is a listing of the names…
Posted inFinancial Accounting
The types of accounting
There are several types of accounting that range from auditing to the preparation of tax…
Posted inFinancial Accounting
Financial Accounting Basics
The field of accounting is often thought of as a set of complex business rules…