/investing5-5bfc2b8e46e0fb0026016f0e.jpg)
2 min read
What is the Foundation of Financial Accounting? The Financial Accounting Foundation (FAF) is an independent private sector organization that is...
Month: March 2017
/annual-reports-172867442-b957ad7757634fb7af05b30793ff8345-a8dfb060737149e0951a2c65a9efc639.jpg)
2 min read
What is the Statement of Financial Accounting Concepts? The Statement of Financial Accounting Concepts (SFAC) was a document issued by...
/skyscrapers-at-new-york-stock-exchange--view-from-below-944864660-50b55d03468b4d6c971b7029ef761aa3.jpg)
3 min read
What is a Statement of Financial Accounting Standards (SFAS)? The Statements of Financial Accounting Standards (SFAS), published by the Financial...
/cropped-image-of-insurance-agent-discussing-with-client-at-desk-1036263996-ea426af87ce2474b8c4a0b0391af2418.jpg)
3 min read
What is the Financial Accounting Standards Board (FASB)? The Financial Accounting Standards Board (FASB) is an independent, not-for-profit organization responsible...
/accounting-c3d630e6d82f4a38aad825295583d98c.jpg)
3 min read
What is Financial Accounting Standard 157 (FAS 157)? Financial Accounting Standard 157 (FAS 157) is the controversial accounting standard of...
/businessman-working-in-office-114837575-3ca6e8fb8c334383b609bf66d3642d10.jpg)
3 min read
What is financial accounting? Financial accounting is a specific branch of bookkeeping involving a process of recording, summarizing and reporting...
/business-woman-thinking-account-989484872-d5ffd42eacac4a8598a631ac6c59a28f.jpg)
4 min read
Financial accounting and management accounting are two of the four largest branches of the accounting discipline (eg, tax accounting and...
/shutterstock_112522391-5bfc2b9846e0fb0051bde2d3.jpg)
2 min read
The purpose of financial accounting is to summarize and report the financial position of a business to entities outside the...
/accounting-40ae49d71fd0426789adc827e053780c.jpg)
3 min read
Investors and lenders rely on financial accounting to obtain essential information about the financial solvency of companies and the risks...
/buyback-f91333fa039d4d79ab430c65fc753e11.jpg)
7 min read
A share buyback or repurchase occurs when a listed company buys its own shares in the market. Besides dividends, share...