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A Glossary of Accounting
It is important to understand the meanings of accounting terminology and basic accounting terms when reading financial reports or using accounting software. Let’s check basic accounting terms.
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What Are The Stages Of The Auditing Process and Why It Is Important?
The auditing process validates the financial reports of the company that help to improve any business. Let’s check what are the stages of the auditing process & why it is important.
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What Is an Accounting Period Or a Fiscal Year?
A Glossary of Accounting
What Are The Stages Of The Auditing Process and Why It Is Important?
What is External Audit And Advantages Of External Audit
How Can Accounting System Analysis Assist In Business Growth
How Is Free Cash Flow Defined And Calculated?
An external audit is an objective examination by an auditor to examine the company’s books of accounts. Let’s check what is external audit & its advantages.
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An accounting system analysis helps you study your accounting system to determine business goals and analyze improvement. Let’s check how can accounting system analysis assists in business growth.
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Free Cash Flow tells you how much cash the company has left over after making all payments. Let’s check what is free cash flow (FCF) & how to calculate it.
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Purchase management is managing the purchase of the goods and services that the company requires from suppliers & vendors. Let’s check what is purchase management.
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Payroll fraud is a common corporate fraud that involves stealing money through the payroll system. Let’s check how can companies prevent payroll fraud.
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Software tools help reduce the burden of business management and make documentation and record-keeping more efficient. Let’s check 11 essential types of software every business needs.
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Purchasing is the overall process of obtaining goods & services while procurement is the sub-process within purchasing that defines the steps. Let’s check the difference between purchasing & procureme
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The difference between LIFO and FIFO in inventory valuation is that FIFO values the latest purchased stock while LIFO values the older stock. Let’s check what is inventory valuation & FIFO vs. LIFO
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MCA issued a notification that seeks to bring the audit trail rule into accounting software. Let’s check MAC’s audit trail requirement & Audit trail feature of TallyPrime in detail.
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What Is an Accounting Period Or a Fiscal Year?
A Glossary of Accounting
How Is Free Cash Flow Defined And Calculated?