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  2. What Is Financial Accounting? - AOL

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

    Financial accounting, when done effectively and accurately, is an invaluable tool that propels business growth and success. — Getty Immages/Hispanolistic.

  3. Financial accounting - Wikipedia

    en.wikipedia.org/wiki/Financial_accounting

    Financial accounting is the preparation of financial statements that can be consumed by the public and the relevant stakeholders. Financial information would be useful to users if such qualitative characteristics are present. When producing financial statements, the following must comply: Fundamental Qualitative Characteristics:

  4. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    The primary purpose of bookkeeping is to record the financial effects of transactions. An important difference between a manual and an electronic accounting system is the former's latency between the recording of a financial transaction and its posting in the relevant account.

  5. Financial literacy - Wikipedia

    en.wikipedia.org/wiki/Financial_literacy

    Financial literacy is an ability to effectively manage the economic well-being of individuals with knowledge and financial skills. [12] The Government Accountability Office definition (2010) is "the ability to make informed judgments and to take effective actions regarding the current and future use and management of money.

  6. 6 Most Important Financial Skills That Should Be Taught ... - AOL

    www.aol.com/finance/6-most-important-financial...

    Kids learn a lot of important skills in school, even before heading off to college. But for some reason, personal finance usually isn't one of them. Though knowing the Pythagorean theorem can...

  7. 6 Most Important Financial Skills That Should Be Taught ... - AOL

    www.aol.com/news/6-most-important-financial...

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  8. Financial analysis - Wikipedia

    en.wikipedia.org/wiki/Financial_analysis

    Financial analysts often assess the following elements of a firm: Profitability - its ability to earn income and sustain growth in both the short- and long-term. A company's degree of profitability is usually based on the income statement, which reports on the company's results of operations;

  9. Accounting - Wikipedia

    en.wikipedia.org/wiki/Accounting

    Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]

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