This is a self-paced Financial Accounting course for anyone who prepares for the CPA exam or just broaden their knowledge. All study notes are very concise and short enough to be understood immediately.
Each note/guide is related directly to the most current CPA Financial Accounting exam and is followed a series of review questions. You never have to read other boring Accounting textbooks anymore.
CPA financial Accounting tutorial and past questions mobile App can be used by CPA (Certified Public Accountant) and CMA (Certified Management Accountant) candidates as the MAIN and ONLY study guide to pass their Financial Accounting exam.
Financial accounting is a specialized branch of accounting that keeps track of a company’s financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statements such as an income statement or a balance sheet. All companies issue financial statements on a routine schedule.
The statements are considered external because they are given to people outside of the company, with the primary recipients being owners/stockholders, as well as certain lenders.
If a corporation’s stock is publicly traded, however, its financial statements (and other financial reporting) tend to be widely circulated, and information will likely reach secondary recipients such as competitors, customers, employees, labour organizations, and investment analysts.
CPA Financial Accounting Tutorial and Past Questions Features
– All topics of the self-paced course
– Thousands of review questions for the most current Financial Accounting CPA Exam
– Measure your Weakest and Strongest knowledge areas
– Hundreds of exam review materials and practice questions
– Free EXAM SIMULATOR
– Tracking your study progress
– All the Study Guide materials
– Unlimited time Exam Builder
– Lifetime support and future updates 24/7
It is very important to point out that the purpose of financial accounting is not to report the value of a company. Rather, its purpose is to provide enough information for others to assess the value of a company for themselves.
A certified public accountant, or CPA, is a person who has passed the very difficult CPA Exam and has been licensed by one of the 50 U.S. states (or one of five other jurisdictions). The CPA’s license is renewed if the state’s requirements continue to be met including continuing professional education credits.
The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world.
The CMA is a U.S.-based, globally recognized certification offered by The Institute of Management Accountants. Visit the mobile app website to download your free copy.
The app developer is not affiliated with or endorsed by any kind of professional certifications, test names, trademarks, or testing organizations.