Top Accounting Basics Sites

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Winter is here, and many organizations are preparing for the rush of year-end grants and contributions. The appropriate recording of these grants and contributions will vary based on the terms of the agreements and the donors’ intentions. One instance an organization may encounter is a contribution in which a donor specifies a beneficiary. On these occasions, it may be unclear whose revenue the...

To be your own boss is the dream of many. It involves much hard work in many areas, but small businesses are the backbone of society. They generate tremendous amounts of commerce and help drive the economy. While you strive to obtain new customers, the accounting side of the business may seem less important. Bookkeeping is probably the least glamorous part of running a business, but one of the...

It is important to understand what is an adjusted trial balance because this is a frequently asked bookkeeping topics whereby examiners will always give the candidates the initial trial balance and them items on adjusting journal entry to prepare the adjusted trial balance. If common stock is sold to the point where the equity ratio exceeds that in the optimal capital structure, a firm’s...

Accounting Simplified provides interactive and easy-to-understand accounting lessons for students, professionals, teachers, and entrepreneurs for free. Accounting Simplified provides easy to understand accounting lessons for students, professionals, teachers, and entrepreneurs explained with practical examples and Interactive Questions. Your resources are of great benefit to accountancy...

Want to learn or revise accounting basics? With simple explanations, examples and lessons, you'll get a better understanding of basic financial accounting than ever before. Additionally, at the bottom of each of the 52 lessons on this site you can find questions related to that specific accounting topic which have been submitted by visitors, many of which have been solved for your benefit (if...

What is Managerial Accounting, Activity Based Costing, the Balanced Scorecard and Bottleneck Accounting? These questions and other Managerial Accounting basics are discussed. Principal performance report was variance analysis, which is a systematic approach to the comparison of the actual and budgeted costs and revenues during a production period. While some form of variance analysis is still...

Your source for career information, degree reviews, and accounting jobs. Accounting degrees open many doors. Graduates at all levels successfully land sought-after positions in public service, small business and corporate settings. In the career profiles below you'll learn how accounting careers differ from one another, along with what it takes to truly succeed in your career of choice....

Thank you for your free spreadsheet! It has helped me tremendously to track daily sales and get a grip on the full scope of what revenues are coming in and my expenses. Business mileage can be a very good deduction for your small business. It can also be a nightmare, if all the IRS required information is not included in your mileage log. As a small business owner my expertise has always been...

Welcome to FreeAccountingSchool.com. On this website, certified public accountant (CPA) Daniel C. Dickson will teach you the basics of accounting through free online videos – no strings attached. Whether you are a newbie or want to re-learn forgotten accounting, you have come to the right place. Daniel Dickson is a Certified Public Accountant (CPA) working at Greenbridge CPA in the Tacoma /...

Principlesofaccounting.com is a high-quality, comprehensive, free, financial and managerial accounting textbook online and more. Excel spreadsheets that cover most topics routinely covered in introductory financial accounting and managerial accounting courses. Obtain an LMS Integration License for accounting courses you teach … saving you and your students time and money. Visit the bookstore...

IFRS, IAS, IASB, GAAP, International Financial Reporting Standards U.S. GAAP, FASB, AICPA, International Accounting Standards, Generally Accepted Accounting Principles in the United States. A guide to accounting for users who are interested in understanding accounting reports. This section explains what users need to know to understand and analyze accounting information provided in the...