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  2. Accounting information system - Wikipedia

    en.wikipedia.org/wiki/Accounting_information_system

    An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers.An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.

  3. Resources, Events, Agents - Wikipedia

    en.wikipedia.org/wiki/Resources,_Events,_Agents

    Resources, events, agents (REA) is a model of how an accounting system can be re-engineered for the computer age. REA was originally proposed in 1982 by William E. McCarthy as a generalized accounting model, [ 1 ] and contained the concepts of resources, events and agents (McCarthy 1982).

  4. Financial modeling - Wikipedia

    en.wikipedia.org/wiki/Financial_modeling

    Financial modeling is the task of building an abstract representation (a model) of a real world financial situation. [1] This is a mathematical model designed to represent (a simplified version of) the performance of a financial asset or portfolio of a business, project , or any other investment.

  5. What Is Financial Accounting? - AOL

    www.aol.com/financial-accounting-040000099.html

    The latter example follows one of the most basic GAAP principles — that financial accounting must be on an accrual basis — which is another vital concept for small businesses to grasp. Accrual ...

  6. How to Use Accounting Software to Generate Accurate and ...

    www.aol.com/accounting-software-generate...

    Point-of-sale systems. Generate financial reports in accounting software. Most accounting software makes quick work of monthly small business financial reports, like profit and loss statements ...

  7. Profit model - Wikipedia

    en.wikipedia.org/wiki/Profit_model

    The profit model provides a general framework plus some specific examples of how such an a priori profit model might be constructed. The presentation of a profit model in an algebraic form is not new. Mattessich's model, [1] while large, does not include many costing techniques such as learning curves and different stock valuation methods. Also ...

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