Declining balance method of depreciation is type of accelerated depreciation in which the amount of depreciation that is charged to an asset declines over time ...
Financial accounting gathers and summarizes financial data to prepare financial reports such as balance sheet and income statement for the organization's management , investors, lenders, suppliers, tax authorities, and other stakeholders.
How the FASB positions organizations for a successful and smooth transition to new standards.
The most common accounting designation demonstrating an ability to perform financial accounting within the United States is the Certified Public Accountant (CPA) license. Outside of the United States, holders of the Chartered Accountant (CA) license demonstrate the ability as well. The Certified Management Accountant (CMA) designation demonstrates more an ability to perform internal management functions than financial accounting.