2011 ~ Free Accounting Tutor

Tuesday, October 4, 2011

7:49 AM

Microsoft Excel 2007 Tips and Tricks for accounting Professionals

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MS Excel 2007 application is widely being used in the organisations for data processing, financial modelling, data analysis and preparation of complex reports. Excel with its wide range of formula functions, embedded featured and adaptability makes the life of the accountant/ auditor rather simple.Most commonly used features/ functions for...

7:49 AM

Microsoft Excel 2007 Tips and Tricks for accounting Professionals

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MS Excel 2007 application is widely being used in the organisations for data processing, financial modelling, data analysis, ...

7:49 AM

Microsoft Excel 2007 Tips and Tricks for accounting Professionals

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MS Excel 2007 application is widely being used in the organisations for data processing, financial modelling, analysis...

7:49 AM

Microsoft Excel 2007 Tips and Tricks for accounting Professionals

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MS Excel 2007 application is widely being used in the organisations for data processing, financial modelling, ...

Monday, October 3, 2011

9:46 AM

How to prepare Bank Reconciliation?

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Bank reconciliation is one of the major accounting technique to reconcile the ledger with the bank's records. You may find it very difficult but the following tips will make your life happier within minutes.Understand that there are two books in bank reconciliation. 1) Cash Ledger ( Company's record)2) Bank...

Saturday, October 1, 2011

7:24 AM

Unknown Basic accounting lesson, Financial statement analysis, Ratio analysis No comments

Financial statement analysis is the process of obtaining information and understanding of the entity through its reported financial statements.Financial statement analysis consists ofTrend Analysis Ratio AnalysisRatio analysis means computing relevant accounting ratios which may include asset turnover ratio, liquidity ratios and profitability ratios. Trend analysis means comparing reported financial...

Tuesday, September 27, 2011

9:47 AM

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9:39 AM

Review of: FINANCIAL ACCOUNTING -An introduction of concepts, methods and uses

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The book covers all the basic topics of the financial accounting very comprehensively. Analysis and interpretation of the financial statements have been given due importance in the book. The topics have been explained in a very simple language so easy to grasp the concepts behind it. It is a...

1:12 AM

Questions and Answers on Management accounting

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Question # 1What is the difference between financial accounting and management accounting?Financial accounting is the legal and regulatory requirement, whereas management accounting is based on the sole discretion of management.Financial accounting is done in accordance with the generally accepted principles or international accounting standards. In contrast, management accounting does...

12:38 AM

5 Questions and Answers on Management Accounting

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Monday, September 26, 2011

11:52 AM

BEST PRACTICES TO CHOOSE THE BEST ACCOUNTING SOFTWARE

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Accounting software selection starts with the detail study of current business practices, followed by gap analysis, requirements definition, ranking of the requirements, preparation of detailed request for proposal, evaluation and short listing of the vendors on the defined criteria, performance of the cost and benefit analysis and finally selection...

11:38 AM

The Accounting Game

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The Accounting game is worth reading accounting book that comprehensively explains complex accounting in a fun and easy way.This book uses the world of a kid's lemonade stand to teach the basics of financial terms You'll run your own lemonade stand and make it grow by creating signs to...

11:22 AM

Core Concepts of Accounting (8th Edition)

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Core Concepts of Accounting offers the accounting learners a complete understanding of the basic terminology and fundamental accounting concepts. The revised book includes now full text of the self paced workbook approach and includes important accounting concepts and terms, a comprehensive explanation of financial statements, the use of financial...

11:18 AM

Understand Accounting Information Systems

Unknown Accounting systems, Accounts payable, Accounts receivable, Information systems, Order processing No comments

Accounting information systems are the most critical information systems in business. These system are based on double entry book keeping concept, responsibility accounting and activity based costing. Computer based accounting system records and processes transactions to generate meaningful information like balance sheet, profit and loss account and reference reports...

Saturday, September 24, 2011

11:49 AM

General Ledger and Concept of Accounting

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The nominal ledger is an accounting record which summarizes the financial affairs of the business. It is also called general ledger.It includes details of assets, liabilities, capital, income and expenditure, and so profit and loss. It consists of a large number of different accounts, each account having its...

Friday, September 16, 2011

9:37 AM

ACCA F2 - Paper Tips

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Thursday, September 15, 2011

8:59 AM

Review of FRANK WOOD'S BUSINESS ACCOUNTING

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Frank Wood's accounting book covers all the topics for the beginners. It provides a very sharp view of the basic accounting and managerial concepts. From introduction of accounting cycle to the concept building till transaction posting, the book is worth reading....

8:44 AM

Review of Wiley IFRS practical implementation Guide and Workbook

Unknown Accounting Book Review, Accounting Books, Wiley IFRS 1 comment

Wiley IFRS is an excellent book and a quick reference guide for understanding practical implementation of International Financial Reporting Standards/ International Accounting Standards. The book includes complete and comprehensive overview of the standard along with the practical guidelines. Illustrations at the end of chapters summarizes the whole topic with...

Wednesday, September 14, 2011

6:50 AM

ACCA F1 : Human Resource - Training & Developments

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6:49 AM

ACCA F1 : Introduction to Macro Economic Environment

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6:48 AM

ACCA F1: Understand the concept of Business Environment

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6:47 AM

ACCA F1: Introduction to motivating people

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6:46 AM

ACCA F1 : Understand the concept of Business Organisation

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6:44 AM

ACCA F1 : Introduction to recruitment methods

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6:39 AM

Paper F1: What are recruitment methods ?

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6:38 AM

ACCA Preparation Lecture : Tips for Paper F1

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6:37 AM

ACCA Preparation Lecture : Paper F1 (Accountant in Business)- Part 2

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6:37 AM

ACCA Preparation Lecture : Paper F1 (Accountant in Business)

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6:14 AM

Accounting Equation Illustration

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To be precise, accounting equation is the most important concept for preparing financial statements. It is the rule that assets of the business are always equal to liabilities of the business. So accounting equation becomes Assets = LiabilitiesBusiness liabilities consist of two types. 1) External liabilities . 2) Internal...

Tuesday, September 13, 2011

9:53 AM

Basic Accounting Concepts

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To understand the accounting you are required to understand some basic concepts of it. These include1) Going Concern2) Prudence3) Matching Concept4) Consistency 5) Materiality6) Substance over formGoing ConcernGoing concern concept implies that the entity will continue to operate in the foreseeable future and has not any intentions or necessity...

8:47 AM