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financial accounting
Sign in to saveAlso known as financial accountancy, general accountancy
field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business
In the Vinony graph
Vinony's link graph records 461 inbound references to financial accounting, and connects out to financial statement, accounting standard and financial audit.
It is catalogued under the topic Financial accounting.
Vinony links it to 38 Wikipedia language editions.
Wikidata facts
- Subclass of
- accounting
- Has use
- financial statement
Show 1 more fact
- topic's main category
- Category:Financial accounting
via Wikidata · CC0
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Encyclopedic overview
Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes.
The International Financial Reporting Standards (IFRS) is a set of accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB).
Excerpted from Wikipedia’s “financial accounting” article, available under the CC BY-SA 4.0 licence.