New Accounting Rules Set to Transform Corporate Financial Reporting Landscape
The article provides an overview of accounting in organizations, covering rules, reports, balance sheets, income statements, and management practices. It discusses elements like cash, inventory, debt, and revenue, as well as financial management topics such as customer credit and risk management. The researchers also delve into accounting management practices like budgeting and financial analysis. Additionally, the article touches on other accounting topics like mergers, taxation, and provides appendices with useful resources like a chart of accounts and interest rate tables.