Additionally they happen to hold advanced degrees that allow them an added advantage in answering these questions.
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The final accounts summarize the entire financial position of the business up and you are able to check the financial value of all assets and liabilities at a given point of time.
Interpretation: Once the final accounts are prepared, based on these accounts there are certain reports that need to be prepared that analyze the position of business and analyze the situation of the business based on the financial statements.
In Accounting summarizing refers to preparation of a summarized version of all the accounts and transactions within a financial year.
This is done through the preparation of Final Accounts, which comprises of the Trading Accounts, Profit & Loss Accounts and the Balance Sheet.
Explore how managers, Wall Street analysts, and entrepreneurs leverage accounting to drive strategic decision-making. Financial Accounting consists of approximately 60 hours of material delivered over an eight-week period.
He has served as the course head for the first-year required accounting course for MBA students, Financial Reporting and Control, and chairs several executive education programs.
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