Accounting Objectives – Short Overview

Accounting Objectives

Importance of Objectivity in Accounting Objectivity – To provide information useful to investors creditors, and others. The concept of objectivity seems obvious, but we always need to keep the end goal in mind, the creation of useful information for external users. Financial accounting is aimed at producing useful information for external users like investors, creditors,… Continue reading Accounting Objectives – Short Overview

Accounting Compared to Checkers Game

Accounting & Checkers

The game of checkers starts with setting up pieces on a board, a spreadsheet, following a set of rules. To set up the board, we need to have memorized the rules for doing so. Memorizing rules is not the fun aspect of checkers but is a necessary one to receiving the enjoyment of playing the… Continue reading Accounting Compared to Checkers Game