jj

Classified in Economy

Written at on English with a size of 3.41 KB.

 


TYPES OF ACCOUNTING:


-ACCOUNTING: Calculating all the expenses involved in producing something, including Materials, labor, and all other expenses.


-AUDITING: Calculating how much an individual or a company will have to pay to the local And national governments (and trying to reduce this to a minimum)


-BOOKKEPING: Inspecting and reporting on accounts and financial records.


-COSTACCOUNTING: preparing financial statements showing income and expenditure, Assets and liabilities.


-“CREATIVEACCOUNTING”: providing information that will allow a business to make Decisions, plant future operations and develop business strategies.


-MANAGEMENTACCOUNTING: using all available accounting procedures and tricks to disguise The true financial position of a company.


-TAXACCOUNTING: writing down the details of transactions (debits and credits)

DEBT AND EQUITY FINANCING:


BONDS: mini prestecs


Debt financing; Deuteà Bank or lending institution. No control over the company and no ownership. Difficult to get for small companies.


Equity financing: Actiu I passiu. From the sale of stock to investors. Pay no money back, more Time, no monthly payments. Gwing up ownership or a potion of your company; Consult everything with investors. Stocks.


Stocks: IPO (Initial public offering) first time Company goes public in stock market.


Principal value: Valor sense interessos.


Par value: valor total amb interessos

Stocks (equity finance) and Bonds (debt finance), the difference is the way in which they are Sold and the risk involved.








Entradas relacionadas: