Relevance in Financial Accounting

Relevance in Financial Accounting

NOVEMBER 29, 2017

In accounting, the term relevance means it will make a difference to a decision maker. For example, in the decision to replace equipment that has been used for the past six years, the original cost of the equipment does not have relevance. In other words, the original cost is irrelevant or is not relevant…
Website audio by Raz Klinghoffer

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Financial Accounting Careers

Financial Accounting Careers

NOVEMBER 26, 2017

As a financial accountant, you may choose to work in public accounting (doing jobs for multiple business clients) or private accounting (performing accounting work only for your employer). You can also choose to specialize in governmental accounting, not-for-profit accounting, forensic accounting (which…
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Financial Accounting Standard Setting in the United State

Financial Accounting Standard Setting in the United State

NOVEMBER 23, 2017

In May, the Financial Accounting Foundation (FAF), which oversees the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), released its 2013 Annual Report (the Report), which provides insight into how the U.S. accounting standard-setting process is expected to evolve in the months and years to come. The Report provides comments…

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Dell Financial account

Dell Financial account

NOVEMBER 20, 2017

DELL PREFERRED ACCOUNT (DPA): Offered to U.S. residents by WebBank, who determines qualifications for and terms of credit. Taxes, shipping, and other charges are extra and vary. Payments equal 3% of your balance or $20, whichever is greater. Minimum Interest Charge is $2.00. Rates range from 19.99% - 29.99% variable APR, as of 1/31/2016, depending on creditworthiness. Dell…

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LPL Financial my account

LPL Financial my account

NOVEMBER 17, 2017

Current Rates Bank Information ICA Disclosure Information FDIC Website THE PRIORITY BANK LIST BELOW WAS MOST RECENTLY CHANGED ON March 17, 2016. Welcome to the LPL Financial ( LPL Financial ) Insured Cash Account ( ICA ) program. Generally, under the ICA program, your available cash balances (from securities transactions, dividend and interest payments and other activities)…

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Learn Financial Accounting

Learn Financial Accounting

NOVEMBER 14, 2017

Nano learning breaks instruction into self-contained modules that can last from two to 15 minutes. These small lessons focus on one or two specific learning objectives. Additionally, they’re typically available “on-demand” so students and professionals can learn at their own pace, in their own space, amid their other responsibilities. Many educators and students feel the best…

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Financial statements definition in Accounting

Financial statements definition in Accounting

NOVEMBER 11, 2017

A balance sheet is a financial statement that summarizes a company s assets, liabilities and shareholders equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by shareholders. The balance sheet adheres to the following formula: Assets = Liabilities + Shareholders…

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Financial Accounting for non Profit Organizations

Financial Accounting for non Profit Organizations

NOVEMBER 08, 2017

From churches to youth organizations to the local chambers of commerce, nonprofit organizations make our communities more livable places. Unlike for-profit businesses that exist to generate profits for their owners, nonprofit organizations exist to pursue missions that address the needs of society. Nonprofit organizations serve in a variety of sectors, such as religious, education…

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