Latest update
Version 2.1.2 updated.
Financial Accounting APK Description
Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.
This Application covers following material of Financial Accounting
Capital, Profit & Loss.
Drawings Debtors Creditors Owned/Loaned Capital.
Income, Expenditure, Receipts, Payments.
The Need for Accounting.
Money Measurement Concept.
Basic Purpose of Accounting.
Objective of Accounting, Elements/Aspects in Accounting, Separate Entity Concept.
Basic Accounting Equation :: Capital + Liabilities = Assets.
Effect of Transactions on the Accounting Equation.
Dual Entity Concept.
Account Types or Kinds of Accounts - Personal, Real, Nominal.
Kinds of Accounts Illustration.
Rules of Debit and Credit - Accounting.
Rules of Debit and Credit Illustration.
Journal - Book of Prime Entry, Journalising.
Recording a Transaction in the Journal.
Preparing the Ledger : Posting.
Ledger Account Balancing.
Trial Balance Preparation and Purpose.
Organisational Accounting System Design.
Simple Compound/Combined Journal Entry.
Complex Compound/Combined Journal Entry.
Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. On the other hand, International Financial Reporting Standards (IFRS) is a set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread on the international scene, consistency in financial reporting has become more prevalent between global organizations.
While financial accounting is used to prepare accounting information for people outside the organization or not involved in the day-to-day running of the company, management accounting provides accounting information to help managers make decisions to manage the business.
International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.
International Accounting Standards (IAS), while standards issued by IASB are called IFRS. IAS were issued between 1973 and 2001 by the Board of the International Accounting Standards Committee (IASC).
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APP FEATURES
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Still looking for reasons why the “Financial Accounting” app is unique among all other apps in the market. Here are features that make this app better than all other Financial Accounting apps -
- Responsive and easy to navigate.
- Easy access to the key issues in Financial Accounting.
- Share your favorite Financial Accounting material with your friends and family.
- Set your favorite pictures as wallpapers or save them to Favorite
- Search Functionality helps you search terms easily
- Bookmark as favorites to access words later.
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SAY HELLO
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We are continuously working hard on making this app improved and more valuable for you. Please feel free to email us for any questions/proposals /difficulties. If you have liked any feature of this app, do not forget to rate us on play store.
How to install Financial Accounting APK for Android
Download Financial Accounting APK file (com.mobilecoach.financial.accounting_4_3178209.apk) from APKPure.live, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Tap the APK file you downloaded (com.mobilecoach.financial.accounting_4_3178209.apk)
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
How to install Financial Accounting APK on Windows PC 7/8/10/11 or MAC?
Download Financial Accounting APK file (com.mobilecoach.financial.accounting_4_3178209.apk) from APKPure.live to your PC (ex: C://Users/xxx/Downloads/(com.mobilecoach.financial.accounting_4_3178209.apk), then follow these steps appear on screen.
Using Emulator:
- Download And Install one Emulator Softwares (Ex: Bluestacks, GenyMotion, NoxPlayer)
- Simple install APK on PC by drag and drop file com.mobilecoach.financial.accounting_4_3178209.apk on Emulator screen
Financial Accounting APK Pros & Cons
Pros
- This app is safe, it's not require high risk permissions
- Compatible with 32 bit device (most Emulator using 32bit arch CPU)
- Compatible with 64-bit device (some android device and current Bluestacks)
Cons
Everything is good.
