Matching Concept and Accounting Cycle: Accounting Fundamentals (Enhanced DVD)
This video helps businesses learn how to understand and manage their financial information, and it explores the various accounting cycle phases. Lori Elliot, Assistant Vice President of Business & Finance, explains two basic business accounting methods that all companies can use to keep their spending in control. In this video, it is made apparent that bookkeeping usually is different for sole proprietors than it is for large corporations. How is this so?
Watching this production can help you understand the benefits of the two basic types of business accounting as it relates to revenue and expenses. It also introduces you to several other concepts that have helped both small and large operations handle their money. Watch the video to learn more ways to control budget, expenses and income.
Matching Concept and Accounting Cycle: Accounting Fundamentals