financial accounting

English - Turkish

Definition of financial accounting in English Turkish dictionary

mali muhasebe

finans sayışımı

Related Terms

financial inventory accounting

(Askeri) MALİ ENVANTER MUHASEBESİ: Kara ordusu ikmal sisteminde mal saymanlığı kayıtlarında stok olarak bulundurulan malzeme. İkmal maddeleri ve teçhizata ait para muhasebesinin kurulması ve tutulması işi

financial property accounting

(Askeri) MALİ MAL MUHASEBESİ: Mal hesaplarının para değeri haline getirilmesi ve tutulması, mal raporlarının para değeri ile ifade edilmesi

English - English

Definition of financial accounting in English English dictionary

preparation of reports on a business' financial data for outside agencies

the area of accounting aimed at serving external users (p 14)

Focuses on external reporting that is guided by generally accepted accounting principles

The recording and reporting of activities and events affecting the money of an administrative unit and its program Specifically, it is concerned (1) with determining what accounting records are to be maintained, how they will be maintained, and the procedures, methods, and forms to be used; (2) with recording, classifying, and summarizing activities or events; (3) with analyzing and interpreting recorded data; and (4) with preparing reports and statements which reflect conditions as of a given date, the results of operations for a specific period, and the evaluation of status and results of operation in terms of established objectives

The area of accounting concerned with reporting financial information to interested external parties

Recording the financial transactions and position of a corporation principally for the benefit of external parties, e g shareholders

Area of accounting aimed at serving external users (See (p 13))

Includes: General Ledger (G/L), Accounts Payable, and Accounts Receivable Accounts Payable pays for purchases, i e , lab equipment Accounts Receivable accepts payments, i e , for contract fees charged to outside companies Here is an overview of the modules which are a part of AMS Here is an overview of the modules which are a part of FIS

The recording and reporting of activities and events affecting the money resources of an administrative unit and its program Specifically, it is concerned with 1) determining what accounting records are to be maintained, how they will be maintained, and the procedures, methods, and forms to be used; 2) recording, classifying, and summarizing activities or events; 3) analyzing and interpreting recorded data; and 4) preparing statements which reflect conditions as of a given date, the results of operations for a specific period, and the evaluation of status and results of operations in terms of established objectives

The study of the accounting concepts and principles used to prepare financial statements for external users

facts

Related Terms

Financial Accounting Standards Board

The Financial Accounting Standards Board (FASB) is a private, not-for-profit organization whose primary purpose is to develop generally accepted accounting principles (GAAP) within the United States in the public's interest

Hyphenation

fi·nan·cial ac·count·ing

Turkish pronunciation

fınänşıl ıkauntîng

Pronunciation

/fəˈnansʜəl əˈkountəɴɢ/ /fəˈnænʃəl əˈkaʊntɪŋ/