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To judge their skill in the subject, accounting students are often given assignments to do. It is mandatory for every accounting student to complete these tasks. The toughest part is that they have to complete it in a limited period. As accounting assignments include recording, reporting & analysis of financial transactions of any business, etc, one needs the assistance of an expert to get them right.
What Is Accounting?
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. Investors, creditors, and other stakeholders evaluate a company’s financial performance and position using this information. Accounting also includes the preparation of financial statements, such as the balance sheet, income statement, and statement of cash flows. The goal of accounting is to provide accurate and timely financial information that is used to make informed decisions.
The main branches of Accounting are as follows:
There are several types of accounting, including:
Financial accounting:
This type of accounting is focused on the preparation of financial statements for external users, such as shareholders, creditors, and regulatory agencies. The financial statements provide information on a company’s financial position, performance, and cash flow.
Managerial accounting:
This type of accounting is focused on providing information to internal users, such as managers and executives, to help them make informed decisions. Managerial accounting includes budgeting, forecasting, and cost analysis.
Tax accounting:
This type of accounting is focused on the preparation of tax returns and compliance with tax laws and regulations. Tax accountants work to minimize a company’s tax liability while ensuring compliance with all applicable laws.
Auditing:
This type of accounting is focused on the independent examination of a company’s financial statements and records to ensure that they are accurate and comply with generally accepted accounting principles (GAAP).
Forensic accounting:
This type of accounting is focused on the investigation of financial fraud and white-collar crime. Forensic accountants use their accounting knowledge to analyze financial records and detect fraudulent activity.
Environmental Accounting:
This type of accounting is focused on the measurement of a company’s environmental performance, including the management of natural resources, pollution control, waste management, and compliance with environmental regulations.
Social Accounting:
This type of accounting is focused on the measurement of a company’s social performance, including its impact on society, employee relations, and community involvement.
Accounting assignments can be either theoretical or practical. Depending on the nature of the assignment, we assign the best tutor who fits your requirement. Our tutors not only solve the assignment but also make sure that you understand the depth of the subject properly. Along with the assignment solution, we provide you with tips and materials for reference.
Our accounting assignment answers are comprehensive, fully referenced and original in their content. Accuracy is a guarantee. The important aspects of the sample solutions are:
- Diagrams, figures and charts are used to explain the financial accounting concepts fully
- US GAAP, UK GAAP and IFRS standards are applied as required
- Well-annotated write-ups and descriptions as part of the accounting solutions
- Calculations are shown step-by-step for an easy understanding of accounting concepts
Our areas of expertise and topics covered:
Construction of Balance Sheets
- Statement of Financial Position
- Income Statements
- Statement of Cash Flows
- Retained Earnings Statement
- Trial Balance Statement
- Pro-forma Income statements
- Preparation of Journal of Entries
- Ration analysis
- Cost accounting
- Cost elements
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Our experts are well aware of all types of writing styles and they are proficient in the referencing and annotation styles that are accepted and recommended at all major universities and colleges. Our accounting assignment experts make sure that the assignment submitted is structured and written in a style that is appropriate to your course requirement.
Discuss With the Tutor:
Why was my Trial Balance not matching while yours did? You can ask our accounting assignment tutors about the minute details which you need to know. Sometimes communicating with a customer care executive is a bit difficult since you need to deliver a specific message which only the tutor with his/her knowledge and experience can understand.
In-depth Analysis:
You might not have any sort of industry exposure but that is fine. Our online accounting assignment tutors have a great deal of local industry exposure in places and can definitely help bring a different dimension to your Cost Accounting case study with local examples and data, that no one else in your class can come up with.
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HelpWithAssignment provides timely accounting assignment help service at affordable charges with detailed answers The team has helped a number of students pursue education through regular and online universities, institutes or online Programs.
