Accounting Assignment Help | Make My Accounting Assignment

To help with accounting assignments and financial accounting problems we have a talented team to help the students. Accounting assignments need a clear understanding of its concepts as well as the clarity of its applications also. Our team helps the students to solve assignments through quality sample questions. The sample questions provided by MakeMyAssignments.com are very comprehensive, accurate and original.

What is Financial Accounting?

Accounting is an art of recording, organizing, maintaining and analyzing financial activities. It is known as the language of business. There are 2 users of accounting, one is internal and another is external. Information pass by internal users is used for decision making and external users have a stake in the organization as they have a credit to them. The users of accounts are divided into two parts, internal users and the External users. The internal users include the managers and employees of the organization. The managers and the employees work within the organization and are thus directly involved with the activities of the organization. On the other hand external users involve, creditor banks and third parties, etc. who are indirectly involved with the matters of the organization. The important aspects of financial accounting are as follows:
 
 
1. Diagrams, figures and charts
2. Well annotated descriptions and write ups
3. Step by step calculations
 
The various streams of our expertise are:
  • Construction of Balance Sheets
  • Trial Balance
  • Income Statements
  • Ratio Analysis
  • Costing Methods
  • Cost Elements
  • Managerial Accounting
     
 
Statement Costing Methods such as:
  • FIFO
  • LIFO
  • Weighted average inventory
  • Book Value Calculation
 
Depreciation calculation methods:
  • Straight line method
  • Declining balance method
 
As mentioned above, it takes a very clear understanding while solving financial accounting assignments. Thus, our team having specialized knowledge in solving your financial assignments may prove to be the best companion to meet the needs of your assignments. We explain all the major concepts properly and apply the important concepts in solving your practical problems. Our specialized team has been solving accounting assignments from very long and would be proved beneficial for you.

Accounting an Art or Science

Art is the It is an art not science as it cannot follow the same set of rules it has its own way of treating Information there is some standards set by the organization known as GAAP or the Generally Accepted Accounting Principles. That is generally accepted accounting principles. These rules are set by the international accounts standard board.