Financial accounting is the process of summarizing, analyzing and reporting a company's financial transactions. This information is typically reported in financial statements like balance sheets, income statements and cash flow statements to summarize the company's finances over a specified period. Third-party stakeholders like banks, tax authorities and financial regulators who need information about the company's financial status typically request these reports to make informed decisions.
There are many potential career paths for college students pursuing a degree in financial accounting, including:
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Our tutors can help you with a range of financial accounting-related topics, including:
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