Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.
company law is a legislation that is concerned with the creation, governance and operation of companies and the related rules, regulations, laws and practices. Simply put, company law addresses all of the legal issues that are faced by a company.
Mathematics has a significant role in the business education and in the world of business. The discipline of accounting focuses on accurate numerical measurement where practitioners this field should be comfortable in dealing with mathematics.
Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs."
Human resources accounting is basically an information system that tells management what changes are occurring over time to the human resources of the business. Human resources accounting (HRA) is one of the latest concept adopted by few corporations in our country.
Why Choose Us
Generally speaking, accounting software is designed for any user. But it’s still important to make sure that the one you choose is under-friendly, intuitive and can be used by anybody in your team.
Financial accounting considers only those transactions which are of historical nature i.e the transaction which have already taken place. No futuristic transactions find any place in financial accounting, howsoever important they may be from business point of view.
Easily connect with stakeholders
Your company needs an accounting software that makes it easy for you and your finance team to coordinate with customers, banks, and all stakeholders. Documenting and checking accounts, bank statements and balances.
Secure sensitive data
Financial information is sensitive data, and it should never fall into the wrong hands.
With this in mind, choose an accounting software that provides complete and solid security features.
Financial accounting is a legal requirement. It is necessary to maintain the financial accounting and prepare financial statements there from. It is also obligatory to get these financial statements audited.
Financial Accounting Process
Financial accounting gets affected due to the different accounting policies followed by the accountants. These accounting policies differ mainly in two areas: Valuation of inventory and Calculation of depreciation.
Our Clients Says
Knowing we have the backing of a strong finance team has allowed us to expand the company into what I thought was only possible after years and years of work.
David S. MorrisCEO at Entavo LLC
“Financial advice requires trust and understanding of the outcomes you desire. I have complete trust they understand my objectives and have delivered the results.
Maria E. FlynnManager at ColdHawk Inc.
We have chosen to work extensively with HomePress because of their quality services, including their On-the-Job Training program and other employer.
Dalmar JohnsonFounder of WebFlex Inc.
We work with an energy of taking difficulties and making new ones in publicizing area.