Accounting

The customary manner in which a business analyzes and records its ..... is by first entering them into a journal.

Once the transactions have been entered into the journal they are ..... or transferred into their individual General Ledger accounts.

An accounts payable ..... shows how much you owe each of your vendors.

When good cost accounting procedures are ....., the company may find out that they have been producing a non-profitable product or service.

Accounting information systems are a ..... part of an organization's day-to-day operations.

Taxation rules are used to determine taxable profits, and their objective is to define the tax liability of enterprises to the ......

With the activities and interests of investors, lenders and companies becoming increasingly global, the Securities and Exchange Commission is increasing its involvement in a number of forums to develop a globally accepted, high quality financial reporting ......

When issuers prepare financial statements using more than one set of accounting standards, they may find it difficult to explain to investors the accuracy of both sets of financial statements if significantly different operating results, financial ..... or cash flow classifications are reported under different standards for the same period.

A firm buying stock seldom had sufficient money balances to complete the required payments; instead it relied on its bank for ..... loans, but as NYSE volume grew, banks and their regulators became alarmed at the amount of credit being extended to support securities transactions.

Descending ..... are a bearish indication formed when a stock begins a downward trend and makes successively lower lows as it declines.