Financial Accounting Assignment Help

Overview of Financial Accounting

financial accounting assignment helpFinancial accounting is the process of recording, summarizing and reporting the myriad of transactions from a business, so as to provide an accurate picture of its financial position and performance. The main objective of financial accounting is the preparation of financial statements which sum up a company’s operating performance over a particular period, and its financial position at a specific point in time. These statements are usually prepared quarterly and annually, and are done in accordance with Generally Accepted Accounting Principles (GAAP). They are aimed at external parties including investors, creditors, regulators and tax authorities and any other parties interested in the performance and financial position of the business. The three financial statements of interest are the 1) balance sheet which shows the assets and liabilities of the business, 2) income statement which reports how much a company earned and how much it spent over a particular period of time and the net income or loss and 3) cash flow statement which shows the cash inflow and outflow of a company plus the balance of cash on hand at the beginning and end of the period. Only actual cash is recorded.

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financial accounting homework helpfinancial accounting assignment helpAt first glance financial statements appear to be fairly basic and uncomplicated. The concepts are not near as difficult to grasp as many others. However, consider a large company with thousands of transactions a day. Start factoring in depreciation, cost of credit and the many other variables involved and it’s easy to become confused. Our service provides finance assignment writing help for any finance topic at any academic level. This includes financial accounting homework help. Our finance homework service can assist with difficult calculations, and the hard to understand concepts involved. We aren’t limited to providing online homework help for financial accounting. Test preparation, essay and research paper writing assistance and individual finance tutoring are available as well. We aren’t just focused on making sure you have the correct homework answers. Our goal is for you to understand how those answers were arrived at.

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