The Goal Of Finanical Accounting

Question 1

What is the point of everything they are teaching you?

Answer 1

So that I can present financial statements in a way that is fair and helpful to help them grow while according to IFRS for the sake of viewing

Question 2

How can you do this work quickly?

Answer 2

You do the main things and leave the small things where you can

Question 3

What are all the accounting topics you need to keep in your mind?

Answer 3

Word:

• the reason for doing accounting
• the conceptual framework
• events after reporting period
• IAS 37 Provisions, contingent liabilities, contingent Assets
• whole bunch of other stuff