Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

Previous problemNext problem

Struggling with Financial Accounting?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

Which of the following types of accounting is most applicable to business intelligence in organizations?

Auditing

Managerial Accounting

Tax Accounting

Financial Accounting

Previous problemNext problem

Verified step by step guidance

Understand the different types of accounting mentioned in the problem: Auditing, Managerial Accounting, Tax Accounting, and Financial Accounting.

Auditing focuses on examining financial records to ensure accuracy and compliance with regulations, which is not directly related to business intelligence.

Tax Accounting deals with preparing and filing taxes, which is specific to tax compliance rather than business intelligence.

Financial Accounting involves recording and reporting financial transactions to external stakeholders, which is less focused on internal decision-making processes.

Managerial Accounting is most applicable to business intelligence as it provides internal financial data and analysis to help organizations make informed decisions, plan strategies, and improve operations.