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basic accounting principles

Basic Accounting Concepts, Principles and Procedures

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Basic Accounting Concepts, Principles and Procedures

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1

What are other ratios used in financial reporting

http://basic-accounting-principles.blogspot.com/2009/04/what-are-other-ratios-used-in-financial.html

Sunday, April 5, 2009. What are other ratios used in financial reporting. The dividend yield ratio tells investors how much cash income they're receiving on their stock investment in a business. This is calculated by dividing the annual cash dividend per share by the current market price of the stock. This can be compared with the interest rate on high-grade debt securities that pay interest, such as Treasure bonds and Treasury notes, which are the safest. August 2, 2011 at 10:24 PM. By Isnaini Dot Com.

2

October 2008

http://basic-accounting-principles.blogspot.com/2008_10_01_archive.html

Sunday, October 12, 2008. The pronouncement on GAAP prepared by the Financial Accounting Standards Board (FASB) is now more than 1000 pages long. And that doesn't even include the rules and regulations issued by the federal regulatory agency that jurisdiction over the financial reporting and accounting methods of publicly owned businesses - the Securities and Exchange Commission (SEC). Saturday, October 11, 2008. Budgeted statement of cash flows: The changes in assets and liabilities from their balances ...

3

What is acid test ratio and ROA ratio?

http://basic-accounting-principles.blogspot.com/2009/05/what-is-acid-test-ratio-and-roa-ratio.html

Saturday, May 2, 2009. What is acid test ratio and ROA ratio? Investors calculate the acid test ratio, also known as the quick ratio or the pounce ratio. This ratio excludes inventory and prepaid expenses, which the current ratio includes, and it limits assets to cash and items that the business can quickly convert to cash. This limited category of assets is known as quick or liquid assets. The acid-text ratio is calculated by dividing the liquid assets by the total current liabilities. ROA is a useful r...

4

December 2008

http://basic-accounting-principles.blogspot.com/2008_12_01_archive.html

Wednesday, December 10, 2008. Direct costs are those costs that cann be directly attributed to a product or product line, or to one source of sales revenue, or one business unit or operation of the business. An example of a direct cost would be the cost of tires on a new automobile. Variable costs can increase and decrease in proportion to changes in sales or production level. Variable costs vary proportionately with changes in production/. Irrelevant costs are those that should be disregarded when decid...

5

July 2008

http://basic-accounting-principles.blogspot.com/2008_07_01_archive.html

Wednesday, July 30, 2008. Everyone knows profit is a good thing. It's what our economy is founded on. It doesn't sound like such a big deal. Make more money than you spend to sell or manufacture products. But of course nothing's ever really simple, is it? A profit report, or net income statement first identifies the business and the time period that is being summarized in the report. Friday, July 25, 2008. If you have a checking account, of course you balance it periodically to account for any difference...

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Friday, June 5, 2009. How is accounting used in business? Wednesday, June 3, 2009. What does an audit report contain? Monday, June 1, 2009. What does an audit do? Wednesday, May 6, 2009. What is accounting fraud? Accounting fraud is a deliberate and improper manipulation of the recording of sales revenue and/or expenses in order to make a company's profit performance appear better than it actually is. Some things that companies do that can constitute fraud are:. A business might also choose not to record...

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