Accounting Policies | Accounting, Financial, Tax

Audit Committee and Its Key Roles [An Overview]

The audit function is crucial for ensuring the integrity of a company’s financial systems, which includes not only its financial results but also the control systems...

IFRS for SMEs9 years ago

IFRS for Small Business: Financial Statements Disclosures

The objective of financial statements is to provide information for economic decisions. A complete set of financial statements comprises a balance sheet, income statement, statement of...

Accounting Term and Definition9 years ago

Accounting Equation [to] Accounts Receivable Turnover

ACCOUNTING EQUATION – double entry bookkeeping where there is an identity of debit and credit elements of a transaction. For each transaction, the total debits equal...