Financial accounting is important because it provides an organization's stakeholders with business statements, allowing them to know if the organization is making or losing money. This information is essential in determi... More »

Financial accounting is the accounting branch that deals with the financial transactions of a company. Through financial accounting all of the financial dealings of a company are recorded, from income to expenses. Then t... More » Business & Finance Careers

Financial accounting is a branch of accounting concerned with recording and monitoring transactions a business makes. By tracking cash flow, the financial accountant develops an accurate picture of the company's financia... More » Business & Finance Business Resources Accounting

Common-size financial statements allow analysts to compare different companies with different levels of business against a common standard. The purpose of common-size financial statements is to remove those financial dif... More » Business & Finance Financial Calculations

My Accounting Course and Accounting Tools offer sample templates of bookkeeping ledgers, which summarize a business's accounting transactions, according to the company websites. These templates generate information from ... More » Business & Finance Financial Calculations

Business Dictionary lists financial resources as funds that are available to a business for spending. These funds may come in the form of money, liquid securities or credit lines. More »

Investopedia explains that a financial analyst gathers data and analyzes the financial foundation of a business or industry. The daily tasks of a financial analyst depend on his level of experience. Most junior analysts ... More » Business & Finance Financial Calculations