Accounting - Definition

It is a systematic recording, analysing and reporting, of financial transactions of a business. It refers to a bookkeeping method that records how funds are paid and received for an individual or business entity. It may be summarized into reports and statements that help to reveal financial conditions and operating performance. Concise and consistent accounting helps management make accurate decisions.

Terms near "Accounting"

Accounting Currency
Accounting equation
Accounts payable
Accounts receivable
Accounts receivable aging
Accounts receivable financing
Accounts receivable turnover
Accredited investor
Accredited Personal Financial Planning Specialist
Accreted value
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Accounting - Related articles & news

Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

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