financial accounting?
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Financial accountancy (or financial accounting) is the branch of accountancy concerned with the preparation of financial statements for external decision makers, such as stockholders, suppliers, banks and government agencies. The fundamental need for financial accounting is to reduce principal-agent problem by measuring and monitoring agents' performance.\n\nThe accounting equation (Assets = Liabilities + Owners' Equity) and financial statements are the main topics of financial accounting.\n\nA financial accountant must equal assets with liabilities and owner’s equity. The balance sheet (or the statement of financial position) is the financial statement that summarizes the assets, liabilities, and owners’ equity of the company.\n\nMergers and Acquisitions - M&A\nA general term used to refer to the consolidation of companies. A merger is a combination of two companies to form a new company, while an acquisition is the purchase of one company by another with no new company being formed.\n\nInvestopedia Says: An example of a major merger is the merging of JDS Fitel Inc and Uniphase Corp in 1999 to form JDS Uniphase. An example of a major acquisition is Manulife Financial Corporation's 2004 acquisition of John Hancock Financial Services Inc. \n\nThe term M&A also refers to the department at financial institutions that deals with mergers and acquisitions.\n\n\n\nhttp://www.answers.com/topic/mergers-and-acquisitions?method=22
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short answer, get MYOB and pre-select the business type, it will give you a complete chart of accounts applicable to that type of business.\n\nThere are some basic line items that every business will use, but in essence, you can, subject ot accounting standards and generally accepted accounting principles, create what you want.
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Make you out some jist cards. These are cards with your information on it(name,phone number. Put your objective on it just like a resume and list your skills and what you want to accomplish; take them around to different accounting places(look in the phone book if you have to) and just pass out your card. The cards are a little bigger than a 3 x 5 index card. Preferably something colorful(eyecatching).
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Its not easy to provide every details here, it's just a birds eye view,simply in financial reporting you prepare entries than trial balance and than put those figures in income statement where you get net profit after that you go for final phase of preparing balance sheet in which you analyze assets,liabilities and owner's equity.For all of these and especially for NGO consult any financial accounting books for technical details and procedures.
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if your in america try http://www.netmba.com/accounting/\n\nif your in the uk try http://www.accountingforeveryone.com/index.php/home
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Study your intermediate accounting text book.  Also, if you have text books from audit, tax, and business law classes it would be good to review.
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This site has a wonderful explanation on the basics of accounting. Please be patient enough to read through. http://www.futureaccountant.com/accounting-process/study-notes/\n\n\nhttp://www.futureaccountant.com/\nhttp://www.schoolingkids.com
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To know about one of the options accounting..\n\n\nhttp://www.futureaccountant.com/
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Take a look at the microsoft templates page.  It has lots of financial templates
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you have got one of the best introductory notes on the fundamentals of accounting..\n\nThe only thing needed is a bit of patient reading and if you have the inclination to test your understanding register for the free online-classes and answer the quiz given there....\n\n\nhttp://www.futureaccountant.com/accounting-process/
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Yes! In every business they need an accountants or even in your family, understanding accounting is a very big help. Specially if you will go in to business, its not enough to know your product you should also know how & when to oil up.
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The first thing to note is that the answer to which is more interesting is completely subjective. If you took a random survey, my guess would be that more people would answer finance rather than accounting - but the bean-counter stereotype of accountants is rapidly changing with the hype generated by Worldcom, Enron, and the Sarbanes Oxley (SOX) Act.\n\nPublic accounting is a mighty interesting place to be, my recommendation would be take Intermediate Accounting - that's what will determine whether you can stand accounting. Nonetheless, auditing is a great springboard into anything in the business world.
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Learn accounting with a working knowledge of management and organization.
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Accounting is an activity that can be termed an art as well as a science.  \n\nAccouting (financial accounting more so) is the act of collecting, recording, financial information in order to derive information that is capable of being analysed, summarized and reported. \n\nIt generally considers only information (transactions) that are capable of being viewed (measured) in monetary terms. \n\nHowever, in modern day computerised accounting environments there is a lot of other relevant information that is recorded along with the financial information (like inventory data) to make accounting a complex information collection, processing and retreival system.\n\nAccounting can be a complete record of all the activities of a business, providing details of every aspect of the business, allowing the analysis of business, and providing insight into future prospects.\n\nBookkeeping is the practice of recording transactions. Bookkeepers tend to focus on the details, recording transactions in an efficient and organized manner, and they may or may not see the overall picture.\n\nAccountants use the work done by bookkeepers to produce and analyze financial reports. Although accounting follows the same principles and rules as bookkeeping, an accountant can design a system that will capture all of the details necessary to satisfy the needs of the business—managerial, financial reporting, projection, analysis, and tax reporting. A good accountant will create a system of financial reporting that gives a complete picture of a business.\n\nhttp://www.futureaccountant.com/\n\nhttp://www.schoolingkids.com/
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try this site\n\nhttp://www.futureaccountant.com/process-costing/
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Financial statements are the numerical record of the business decisions made in the past by management.  Financial statements cannot give you a sense of where a business will be in the future.  Only the Management Discussion and Analysis can give you an idea of what business decisions are being made that affect a company's future.
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go to this http://www.bized.ac.uk/learn/accounting/