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What is Revenue?
Revenue is money received by a company or other organization. For companies, most revenue comes from selling products or services to individuals or other companies. It is also possible for companies to earn revenue through financial investments. For accounts to … Continue reading
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What are Current Assets?
A current asset is a highly liquid asset which is expected to be used up within a short period time. Examples of current assets include cash, inventories of goods, accounts receivable ( in other words, invoices which have been issued … Continue reading
Posted in Accounting
Tagged account, Accounting, asset, car insurance, credit, credit card, debt, definition of current asset, finance, financial, goods, Insurance, interest, introduction to current asset, mortgage, profit, services
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What is Cash Flow Statement?
A cash flow statement is an accounting document which shows the amount of cash held by a company over a defined period of time. It records the various transactions the company engaged in and how they affected its cash reserves. … Continue reading
Posted in Accounting
Tagged account, Accounting, asset, Business, credit, creditor, definition of cash flow statement, finance, fine, interest, introduction to cash flow statement, what is cash flow statement
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Definition of Accountant
An accountant is someone professionally trained and accredited to handle company accounts. Incorporated companies are required to file sets of company accounts on a yearly basis. Failure to file accounts in a timely fashion, or in a way that complies … Continue reading
Posted in Accounting
Tagged account, accountant, Accounting, credit, definition of accountant, finance, introduction to accountant, services, wealth, who is accountant
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