Financial accounting is the process of recording financial information for a company through reports on the company's balance sheet, income statement and statement of cash flow. Learn how financial accounting allows businesses to make financial decisions with information from an accounting professor in this free video on accounting.
Cite this Article
Jones, Shawn. "Understanding Financial Accounting." Pocket Sense, https://pocketsense.com/understanding-financial-accounting-13582796.html. 27 September 2017.
Jones, Shawn. (2017, September 27). Understanding Financial Accounting. Pocket Sense. Retrieved from https://pocketsense.com/understanding-financial-accounting-13582796.html
Jones, Shawn. "Understanding Financial Accounting" last modified September 27, 2017. https://pocketsense.com/understanding-financial-accounting-13582796.html
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