What is the importance of accounting in business? Imagine a world without language and communication, isn’t it in chaos? What would happen if there is no balance sheet or statements of financial position to show us the financial condition of our business? What can we do if there … [Read more...]
What is Accounting?
Most of the readers and visitors of this blog are business owners and entrepreneurs. Thus, we decided to publish series of articles that will help them understand the field of accountancy, which includes accounting, bookkeeping and auditing. But since this field is broad, we will … [Read more...]
Sample Audited Financial Statements (Philippines)
Are you looking for a sample of audited financial statements of companies in the Philippines? Perhaps, you’re just searching for samples of balance sheet (statement of financial position), statement of income, cash flow, statement of changes in equity, or the complex notes to the … [Read more...]
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