{"product_id":"financial-accounting-financial-accounting-von-derese-alehegn","title":"FINANCIAL ACCOUNTING","description":"\u003cp\u003eFinancial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized and presented in a financial report or financial statement such as an income statement or a balance sheet. The two types - or methods - of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze and report data transnational at the end of a given period - such as a month, quarter or fiscal year. Financial accounting serve the following purposes: producing general purpose financial statements. producing information used by the management of a business entity for decision making, planning and performance evaluation. producing financial statements for meeting regulatory requirements. The difference between finance and accounting is that accounting focuses on the day-to-day flow of money in and out of a company or institution, whereas finance is a broader term for the management of assets and liabilities and the planning of future growth. Accounting is the bookkeeping method involved.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9786202814874\"\u003e\u003ch3\u003eFINANCIAL ACCOUNTING\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9786202814874","offer_id":39460482777181,"sku":"9786202814874","price":87.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c82f1181-9a1f-4196-be1b-63652ebcf871.jpg?v=1776497676","url":"https:\/\/shop.autorenwelt.de\/en\/products\/financial-accounting-financial-accounting-von-derese-alehegn","provider":"Autorenwelt Shop","version":"1.0","type":"link"}