Accounting overview image

Accounting

6 Pathways • 24 Skills

Accounting is the art of recording, summarizing, and analyzing financial transactions to provide valuable insights into a business's financial health. Its purpose is to ensure accurate financial reporting, compliance with laws, and informed decision-making. Without accounting, businesses would be like ships without compasses, drifting aimlessly in the sea of commerce.

Balance Sheet Preparation

"Balancing Act: Numbers Dance"

Income Statement Preparation

"Profit’s Story in Numbers."

Statement of Cash Flows

"Cash Flow: Money's Secret Diary"

Notes to Financial Statements

"Footnotes: Financial Storytellers' Secret"