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  The Financial Reporting Quality Standards (FRQS) program is one of the International Standards Organization’s (ISO) standards programs that set a baseline of expectations for financial reporting by helping companies to measure their performance against international and national norms. This article discusses what certification means, how it can help you in your career, and the various certification paths available to prepare you for FRQS.   What is Accreditation? Accreditation is an internationally recognized seal of quality recognizing the competence and quality of audit firms. The International Federation of Accountants (IFAC) governs the accreditation process. Accreditations are granted by audit bodies that are authorized by the IFAC. An audit firm will be accredited if its audit procedures meet the required standards of relevant international bodies, such as IFAC, which accredit the audit body. Accreditation is important for auditors because it assures the financia...

The MaterialityConcept in accounting is a term used to explain how the accounting rules reflect the impact that an error has on the company’s financial statements. Accounting standards call for all transactions and events to be included in the books of a company. This means that there are no gray areas — every transaction must have a clear impact on the company’s financial results. The Concept of Materiality refers to how significant an error must be before it affects a company’s financial statements. If an error is found after closing, it will require adjustments to the financial statements. This article explains what the materiality concept is and how it applies in practice. What is the materiality concept? The materiality concept in accounting is a term used to explain how the accounting rules reflect the impact that an error has on the company’s financial statements. The accounting standards call for all transactions and events to be included in the books of a company. This...

  Current liabilities are obligations due to be paid within one year or within the company's operating cycle, whichever is longer. They are typically recorded on the balance sheet under the heading " Current Liabilities ". Examples of current liabilities include:   ·   Accounts payable :  amounts owed to suppliers for goods or services that have been received but not yet paid for   ·   Accrued expenses :  expenses that have been incurred but not yet recorded or paid, such as salaries and taxes   ·   Short-term debt :  loans and other borrowings that are due to be repaid within one year or the operating cycle   ·   Dividends payable :  amounts owed to shareholders as a result of the declaration of dividends   ·   Customer deposits :  amounts received from customers as a deposit on goods or services that have not yet been delivered Here are some FAQ's on current liabilities to make the ...

What is EBITDA-  it is an important financial concept that can help you better understand the performance of your business. Whether you’re a seasoned business owner or just starting out, it pays to have a basic understanding of   What is EBITDA , how it works, and how to use it to evaluate your business. In this blog post, we’ll dive deep into all the ins and outs of EBITDA and show you how to use it to get the most out of your business. What is EBITDA? At its core, EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company’s profitability and is widely used by investors, lenders, and analysts to evaluate a company’s performance. EBITDA is calculated by subtracting costs such as interest, taxes, depreciation, and amortization from a company’s earnings. By subtracting these costs, you can get a better picture of a company’s true financial performance. EBITDA is often used to compare companies of different sizes and in...

  When it comes to your BPP ACCA Books Online , you’ll want to make sure that you get the most out of them. Because we all know that the more time and effort you put into studying for any type of test or certification, the greater your chances are at passing on the first try. However, it isn’t always easy to know what kind of study materials will help you pass the test in no time. There are so many options available when it comes to buying books for your test prep, so how do you know which ones are right for you? This blog post is designed to give you some helpful advice about picking the perfect set of BPP ACCA books for your own unique needs and learning style. What’s Important When Choosing BPP ACCA Books? Before you start shopping for BPP ACCA books price , you’ll want to make sure that you know what’s most important to you in your study materials. There are a few things that all ACCA books should have in common, but there are also some features that you’ll want to pay special ...

Did you know that a diploma in IFRS could help you in launching your career as a bookkeeper, accountant or even an auditor? Did you know that with a little bit of IFRS Training Courses , you can become an IFRS consultant? Did you know that there are many more things that you can do with a diploma in IFRS? If not, read on to discover the hidden potential of this qualification. A diploma in IFRS is no simple set of standards; it opens many opportunities for people who want to pursue careers in finance. Read on to find out what. Become a Bookkeeper Bookkeepers are professionals who keep track of their clients’ financial transactions and prepare reports. The reports can then be used for taxation purposes, or to help businesses make decisions about their finances. If you are looking to become a bookkeeper, you need to have an eye for detail, have strong mathematical skills and be able to work accurately under pressure. A diploma in IFRS will assist you in gaining the knowledge you need to ...

 Eduyush is top finance working professional reskilling provider that creates career-ready skill programs in business, DIPIFRS , ACCA & AICPA. Original BPP & KAPLAN books available on-site at best prices. For more visit our official website : https://www.eduyush.com