Just what is financial accounting? The aim of accounting is to provide useful and reliable information about businesses and non-profits. Financial accounting seeks to determine a firm’s economic performance and its condition. Did it make a profit or loss last year?
Understand financial accounting, Debits and credits. Balance sheets and income statements. Accrual vs. Cash Basis accounting.
Only some of the basic elements of financial accounting apply to Non-Profits.
Cost accounting is primarily concerned with capturing information that helps owners and managers operate their businesses more efficiently and profitably.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.
Perfect for Employees, Bookkeepers, Students, Accountants, and Small Businesses
I am a Certified Public Accountant and a Certified Valuation Analyst (CVA) with over thirty years of experience in taxation, accounting, auditing and business appraisal. I currently maintain a private practice offering the services listed below.
Business appraisals, also known as valuations, are utilized for a variety of purposes including exit planning, ...
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Michael Sack Elmaleh, Certified Public Accountant and Certified Valuation Analyst, is the author of Enterprise Goodwill in Small Service Businesses: Negotiating a Fair Price and Financial Accounting: a Mercifully Brief Introduction. Elmaleh has graduate degrees in accounting and philosophy and an undergraduate degree in psychology. He has published several peer reviewed articles on valuation theory and serves on the editorial board of The Journal of Business Valuation and Economic Loss Analysis. He has testified as an expert witness in Wisconsin and Maryland courts.