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 »

Companies use adjustment entries to align expenses and revenues to the accounting period where they occurred. The process ensures that all income, expense, asset and liability accounts reflect their true values when repo... More »

International finance is important for determining exchange rates, comparing inflation rates, investing in foreign debt securities, ascertaining economic conditions in other countries and investing in foreign markets, ac... More »

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

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

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 »