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We are glad that you are looking for financial accounting assignment help. We have many accounting Writing experts who have an in-depth understanding of accounting concepts. They have been in the academic field for more than a decade. Many of them are currently teaching in colleges and universities. Some of them are spending their time helping various companies in their financial decision making. Most of our experts are working as financial experts for multiple clients worldwide.

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Why you need accounting assignment help?

We have experts from different assignment backgrounds, and therefore, you can get an assignment of all types and all categories. It does not matter which aspect or concept of assignment help you need in accounting; we have an expert for everything. We have spent years building the pool of experts who collectively are our strongest resource. You will get all the help you need in the accounting assignment, and that too at the lowest price in the industry. The lowest price is a guarantee from us for all accounting assignment help.

Now, as you understand, we can help you get the assignment help in accounting. Now let us learn some of the theoretical aspects of accounting as a bonus from our side. The following content is being provided to you by one of our experts.

In accounting, we prepare three very important financial statements: balance sheet, income statement, and cash flow statement in accounting. There is also a fourth statement called shareholders' equity, but it is only created when it is essential and not otherwise. Suppose a company is very small and there are two or three partners and no major number of shareholders. In that case, preparing a shareholder equity statement will waste time and energy for the accounts department.

These financial statements are prepared according to certain accounting concepts followed by a wider range of industries around the world.

What Are The Important Concepts In Accounting?

The key accounting concepts are explained below:

  • 1

    Revenue recognition principle

    This concept is all about when we should record the revenue in our books of accounts. The simple rule is that we should only record the income when it is earned and not before that. If a company has provided a service or product to its customer, but the payment is yet to be received, then we cannot record the revenue. We will only record it when the payment is received.

  • 2

    Matching principle

    This concept is all about recording the expenses in the same period they have been incurred. This means that if a company has incurred an expense in January, it should be recorded in the books of accounts of January only. It cannot be recorded in the books of February or any other month.

  • 3

    Full disclosure principle

    This concept is all about providing complete and accurate information in financial statements. This means that all the information that can affect the decision of the users of the financial statements should be disclosed in those statements. This includes both positive and negative information.

  • 4

    Going concern principle

    Going concern principle is all about assuming that the company will continue its operations in the future. This means that we should not record any asset or liability in the books of accounts that the company will use after a year or two. For example, if a company has purchased a machine that it will use for the next five years, then we cannot record it.

  • 5

    Cost principle

    This concept is all about recording the assets and expenses at their original cost. This means we cannot record the assets and expenses at their current market value. We will have to record them at the price they were purchased or incurred.

  • 6

    Materiality principle

    This concept is all about recording the information in the financial statements, which is material in nature. This means we should not include any irrelevant information in the financial statements. The information contained in the financial statements should be those that can affect the users' decisions regarding those statements.

These are some of the fundamental accounting concepts that the accounting profession follows.

Comprehensive Services Offered by Our Accounting Assignment Writing

  1. Accounting Problem Solving
    • Assistance in solving complex accounting problems
    • Step-by-step explanations to ensure understanding
    • Application of relevant accounting principles and concepts
  2. Financial Statement Analysis
    • In-depth analysis of financial statements
    • Interpretation of financial data and ratios
    • Evaluation of financial performance and decision-making support
  3. Taxation Assignments Help
    • Guidance on tax-related assignments
    • Understanding tax laws and regulations
    • Preparation of tax calculations and forms
  4. Auditing and Assurance Support
    • Help with auditing and assurance assignments
    • Explanation of auditing standards and procedures
    • Assistance in preparing audit reports
  5. Managerial Accounting Assistance
    • Support in managerial accounting concepts
    • Cost analysis and decision-making support
    • Budgeting and forecasting assistance

Subjects Covered By Our Professional Accounting Experts

  • Financial Accounting: We help students in understanding the fundamentals of financial accounting, such as double-entry bookkeeping, journal entries, and more.
  • Managerial Accounting: Our experts assist students in gaining a holistic understanding of managerial accounting concepts like cost analysis and decision-making support.
  • Cost Accounting: Our experienced writers provide assistance in understanding cost accounting fundamentals such as designing a costing system, job order costing, and more.
  • Tax Accounting: We help students in tackling assignments related to corporate tax, income tax, capital gains tax, and more.
  • Auditing: Our writers explain the auditing standards and procedures to help students get better insights into the subject.
  • International Accounting: Our professionals provide support in understanding international accounting standards, such as US GAAP and IFRS.
  • Non-Profit Accounting: We help students in understanding the accounting principles related to non-profit organizations.
  • Corporate Finance: Our experts assist in understanding the financial structure of corporations, capital budgeting decisions, and more.

Strict Adherence to Academic Guidelines and Formatting Styles

Our experts ensure that each assignment delivered by us is in line with the guidelines and formatting styles prescribed by universities. Our writers are well-versed with the following academic standards and styles:

  • APA
  • Harvard
  • MLA
  • Oxford
  • Chicago/Turabian

So, if you are struggling to complete your accounting assignments, rely on our experts for the best solutions. Contact us today to get comprehensive support in all kinds of accounting assignments!

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If you are stuck with your accounting assignments and find it difficult to complete them, you can take our assignment help service. We have a team of experienced and qualified writers who can help you with your assignment needs.

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