Provision for doubtful debts or depreciation of customers, which will be included in most financial statements

With the increasing numbers of companies, the role of financial accounting in providing financial and accounting information is no longer sufficient to manage the functions of control

The companies always seek continuity and presence in the business market, as the business market is characterized by intense competition and a permanent increase in the numbers of companies, companies had to build a strong system of costs ....

Let us agree at the outset that whatever the cost accounting system you follow and whatever type of product you produce, the cost of the product you own will not consist of more than 3 elements, which are direct materials, direct wages and other industrial costs.

Whether the manufacturing system is based on the production orders system, or the production stages system, we will find that the production activity in general, and whether your job is a manual or a manufacturing accounting program

After purchasing the fixed asset and works well, then we need maintenance and spare parts in order to be able to maintain its efficiency to live for long period, These expenses that we pay are called in the accounting" the subsequent costs of acquiring the fixed assets"

Is depreciation a source of cash ? The answer is : yes , depreciation is considered a source of cash . Depreciation is considered an expense , so how ?

We will talk to you in detail about the implementation of the production orders system in hospitals and medical complexes Hospital activity is a service and accounting activity that mainly involves two parts

In the previous article we explained the decline standard of assets value and discussed all the included concepts . Now we will give examples of asset decline .

Today we will see a type of financial accounting, which is custody, It is in most or all companies and it is in the accounting guide as part of other debit balances, meaning within the current assets

In contracting accounting, as we mentioned before. Knowledge of government or private processes or abstracts is through direct order or tenders. In all cases

Financial accounting is one of the human sciences that emerged as a result of individuals interacting with each other, so there was a need for a framework to govern these transactions in the past, such as exchange of goods and barter

Egyptian criterionNo. 31modifited in 2015, and International criterion No. 36 .A very important criterion used very widely in our practice life ,The asset impairment criterion can not be apply to some other assets

Accounting treatment of the installment sales system, gross profit method In principle, we must know that revenue is a very important element of the income statement, on the basis of which critical decisions are taken by the parties concerned with the company,

The most important branches of financial accounting in most accounting programs, how to determine the price of the product, the efficiency of production lines, the strength of the commodity and its compatibility with the forces of supply and demand