Basic Accounting Concepts
97.5K views | +1 today
Follow
Basic Accounting Concepts
'Learning about the basic accounting concepts'
Your new post is loading...
Your new post is loading...
Scooped by Peter John Baskerville
June 7, 2011 8:16 AM
Scoop.it!

Accounting or Bookkeeping? ◄Click here

Accounting or Bookkeeping? ◄Click here | Basic Accounting Concepts | Scoop.it

Do you need accounting services or bookkeeping services? Many small businesses seem to be uncertain about the distinction. In it's basic form, bookkeeping keeps track of the day to day transactions of the business.

No comment yet.
Scooped by Peter John Baskerville
June 6, 2011 10:48 AM
Scoop.it!

Basic Accounting Concepts 1 – Define Accounting ◄Click here

Basic Accounting Concepts 1 – Define Accounting ◄Click here | Basic Accounting Concepts | Scoop.it

Accounting is an ancient art indeed, with archaeological evidence identifying an accounting system being widely used in the...

No comment yet.
Scooped by Peter John Baskerville
June 6, 2011 10:02 AM
Scoop.it!

Understanding Balance Sheet Accounting ◄Click here

Balance sheet accounting could be a terribly Accounting Basic Concepts that a lot of students are taught in highschool or their initial year of school. Business homeowners and investors alike ought to remember of this ...

No comment yet.
Scooped by Peter John Baskerville
June 5, 2011 11:44 AM
Scoop.it!

What is Accounting? Learn Basic Accounting Principles◄Click here

What is Accounting? Learn Basic Accounting Principles◄Click here | Basic Accounting Concepts | Scoop.it

If you ever wanted to know what is accounting then this is your change to learn? Who is in charge of setting basic accounting standards that we all follow? Is there some type of regulatory system is place to investigate ...

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 11:05 PM
Scoop.it!

How do I calculate break even in number of units?◄Click here

How do I calculate break even in number of units?◄Click here | Basic Accounting Concepts | Scoop.it

The formula for calculating the units needed to breakeven is Fixed Costs $/Contribution Margin %

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 9:33 PM
Scoop.it!

Basic Accounting & Bookkeeping Are Skills You Should Have – ◄Click here

Basic Accounting & Bookkeeping Are Skills You Should Have – ◄Click here | Basic Accounting Concepts | Scoop.it

Learn-Basic-Accounting.com [http://www.learn-basic-accounting.com] is a great resource for individuals needing help with their first steps into accounting and bookkeeping. The section on accounting concepts ...

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 8:43 PM
Scoop.it!

Accounting: How do you read the balance sheet of a company ?◄Click here

Accounting: How do you read the balance sheet of a company ?◄Click here | Basic Accounting Concepts | Scoop.it

Answer: A Balance Sheet is one of the financial reports that is provided to the stakeholders of a business to help them quantify the financial strength of a company.

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 8:30 PM
Scoop.it!

Financial Accounting - Online Accounting Tutorial◄Click here

Financial Accounting - Online Accounting Tutorial◄Click here | Basic Accounting Concepts | Scoop.it

Free Financial Accounting basics tutorials.

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 8:18 PM
Scoop.it!

Six differences between management accounting and financial accounting - by D. Victor ◄Click here

Six differences between management accounting and financial accounting - by D. Victor ◄Click here | Basic Accounting Concepts | Scoop.it

Management accounting and financial accounting comprise the two main branches of accounting, although the disticntion between them might appear to..., D.

No comment yet.
Scooped by Peter John Baskerville
June 7, 2011 2:46 AM
Scoop.it!

Management Accounts along with your Small business◄Click here

Management Accounts along with your Small business◄Click here | Basic Accounting Concepts | Scoop.it

Where fiscal accounts and formal monetary statements needs to stick to the In general Accepted Accounting Concepts (GAAP) as utilised by the Accounting Requirements Board (ASB), they need adhere to no formal tips.

No comment yet.
Scooped by Peter John Baskerville
June 6, 2011 10:04 AM
Scoop.it!

AKA of Accounting terms and acronyms ◄Click here

AKA of Accounting terms and acronyms ◄Click here | Basic Accounting Concepts | Scoop.it

A.K.A., AKA, a.k.a., aka, or a/k/a = "Also Known As".

No comment yet.
Scooped by Peter John Baskerville
June 5, 2011 11:47 AM
Scoop.it!

Glossary of Accounting Terms ◄Click here

Glossary of Accounting Terms ◄Click here | Basic Accounting Concepts | Scoop.it

Please note: This article has been written for a global audience. The article has been written to allow easy translation from...

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 11:07 PM
Scoop.it!

Financial accounting versus management accounting ◄Click here

Financial accounting versus management accounting ◄Click here | Basic Accounting Concepts | Scoop.it

There are many different groups of people (stakeholders), like governments, investors, labor unions, employees, banks and operational managers who..., Peter Baskerville...

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 9:42 PM
Scoop.it!

Accounting for dummies - by Peter Baskerville ◄Click here

Accounting for dummies - by Peter Baskerville ◄Click here | Basic Accounting Concepts | Scoop.it

Accounting is actually a very simple maths made complicated only by centuries old concepts and language.

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 9:32 PM
Scoop.it!

The Role Of Accounting In Small Business. ◄Click here

The Role Of Accounting In Small Business. ◄Click here | Basic Accounting Concepts | Scoop.it

First of all you can learn bookkeeping basics. Secondly you should manage your bookkeeping. You can really do this on your own. When you come across transactions you don't understand, you should obtain the answers from the pros.

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 8:39 PM
Scoop.it!

Accounting: How can I better understand debit and credit?◄Click here

Accounting: How can I better understand debit and credit?◄Click here | Basic Accounting Concepts | Scoop.it

Answer (1 of 3): I personally think that trying to understand the debit and credit concept in accounting is near impossible when you are first confronted with it.

No comment yet.
Scooped by Peter John Baskerville
June 4, 2011 8:24 PM
Scoop.it!

Basic Accounting Concepts 2 - Debits and Credits - Peter Baskerville ◄Click here

Basic Accounting Concepts 2 - Debits and Credits - Peter Baskerville ◄Click here | Basic Accounting Concepts | Scoop.it

Most people don’t find the math of Accounting as difficult as understanding the concepts of accounting, and for many there is...

No comment yet.