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Accounting Assignment Help | Do My Accounting Assignment

All Assignment Experts is the trusted and most popular accounting assignment help provider.  As accounting is vital to understand the health of any organization, the subject is taught to all finance and management professionals regardless of their specializations. Accounts also are one of the challenging topics that a student might deal with in his or her instructional curriculum. College students enrolled in accounts-related curriculums regularly have to read annual reports, and balance sheets and then calculate financial ratios to determine the health of any company and many students find it challenging to make sense of these numbers. If you are struggling with accounting projects then you can seek accounting assignment help and accounting homework help from our experts.

What Is Accounting?

Accounting is popularly considered and diagnosed as ‘the regular language of businesses. Sound know-how in the area of accounting allows people to keep track of, analyze and summarize all financial transactions of their commercial enterprise thereby making informed choices. Accounting can be defined as the recording of transactions of any business along with storing, sorting and summarising the monthly, quarterly and yearly results. Accounting can be divided into 2 categories:

  • Financial Accounting – It deals with presenting information in formats like balance sheets and income statements. It is concerned with the education of monetary statements for choice makers, inclusive of stockholders, suppliers, banks, employees, authorities businesses, owners, and other stakeholders. These financial reviews—including the income declaration, the balance sheet, and the announcement of cash flows—summarize an organization’s past overall performance and compare its economic fitness.
  • Management Accounting – This helps the management of the company to take informed decisions based on historic data and forecasts for revenue and profit growth. Management accounting plays a key position in assisting managers to carry out their responsibilities. Reports are tailor-made to the wishes of character managers, and the cause of such reports is to supply applicable, correct, timely records in a layout to be able to aid managers in making choices. In preparing, studying, and speaking such records, accountants work with people from all of the practical areas of the organization—human resources, operations, advertising and marketing, and finance.

 

7 Most Important Accounting formulas

Listed below are 7 accounting formulas that every accountant should know.

  1. Assets = Liability + Owner’s Equity
  2. Net Income = Revenues – Expenses
  3. Debt-to-Equity Ratio = Total Liabilities / Total Equity
  4. Profit Margin = Net Income / Sales
  5. Cost of Goods Sold = Cost of Materials/Inventory – Cost of Outputs
  6. Break-Even Volume = Fixed Costs / Sales Price – Variable Cost Per Unit
  7. Cash Ratio = Cash / Current Liabilities

 

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Learn Fundamental Concepts Of Accounting

Accounting offers with it three main areas which are: Income and expenses of the enterprise, Adjustments in the cash flow or proprietors’ equity and the Universal financial health of the employer. If you want help with accounting assignments, then the below explanation on accounting statements will help you clear most of your doubts.

 

Income statement

An assertion that measures the economic performance of an organization over a specific period of time is called the income statement or the earnings and loss statement. Our accounting assignment help experts make positive counter with no issues with economic statements.

Accounting offers with it three main areas which are:

  • Working income: Our accounting assignment experts explain that this part deals with buyers and shareholders who are extraordinarily inquisitive about this portion of the statement since it reveals facts about the everyday commercial enterprise operations of the company.
  • Non-working income: you can acquire greater know-how on non-working profits from our accounting homework help. It explains the sales and charges that aren't related to the direct operations of the agency. They are known as non-operating profits of the business enterprise.

    Income Statement of ABC Sporting Corp. (figures are in dollars)

Revenue
Net Sales 62,000
Gross Income 22,400
Other + 80
Expenses
Cost of Sales 39,600
Selling 8,000
Gen. /Admin. Expenses 5,200
Special/Extraordinary 72
Other - 8
Net Profit
Gross Profit 62,000
Operating Profit 9,200
Pretax Profit 5,200
After-Tax Profit 4,000

In the above profits statement, the net income of the company represents the operational profits. This quantity is identical to the gross profit. However, the real profit of the agency is the income after taxes. In addition, the value of income represents the operational charges of the enterprise. The profits and expenses incurred beneath the heading ‘others’ constitute non-operational income. You could clear your doubts with accounting assignment help.

 

Cash Flow Statement

Our accounting assignment help tutors outline cash flow statements which afford the combination facts at the inflow of cash from the operational activities of the business enterprise as nicely as the entire cash outflow in the direction of all the operations and investments.

Our financial accounting help experts explain a cash flow statement as a statement that makes or reveals the changes in the cash position. As an example, ABC carrying corporation can get a big agreement of $100,000. However, the actual earnings can't be proven until a later date. As such cash flow statement is needed to show the adjustments within the fairness in accounting assignment writing. As an example, ABC wearing corporation has the following cash flow for the period of January to march, 2014.

Cash Flow
Cash flow from operations 4000 dollars
Cash flow from investing -1000 dollars
Cash flow from financing - 2000 dollars
Net cash flow 1000 dollars

 

Balance Sheet

The monetary declaration that summarizes the enterprise’s assets, liabilities and shareholder’s equity at a particular point in time is referred to as a balance sheet. You could take expert financial accounting assignment help from our accounting experts to get an explanation for the balance sheet by using the subsequent formula:

Assets = liabilities + shareholder’s equity

Our accounting assignment help experts give an explanation of how a balance sheet works. A balance sheet is an announcement wherein two facets balance out. An enterprise has to pay for positive such things as interests on loans, rents (liabilities) personal certain things like capital, land etc. (belongings). It could additionally accomplish that either with the aid of borrowing or getting it from shareholders (shareholder’s equity).

Here is an easy example of ABC sporting corporation. Balance sheet explained by using the accounting assignment professionals for the financial year march 2012 to march 2013.

 

Some important topics in the accounting curriculum which are used in management accounting, as well as financial accounting, are listed below:

Important Topics
Cash flow statement Balance sheet
Income statement Accounts receivables
IFRS Bond basics
Activity-based costing Unearned revenue
Managerial Accounting Inventory valuations methods (FIFO, LIFO, Weighted average)
Amortization Financial ratio analysis
Depreciations and its methods Leases
GAAP Accounting Amortization
Variance analysis Audit report

 

Concepts That Will Help You Solve Accounting Homework & Assignments

Where can you find the accounting policies in Annual Report?
Annual reports provide valuable information on a company's financial performance and position. Accounting policies are an essential part of an annual report and detail the methods and principles used by a company to record and report its financial transactions. Accounting policies can be found in the notes to the financial statements section of the annual report.
Understanding a company's accounting policies is essential in analyzing its financial statements. It can help you understand how a company reports its revenues, expenses, assets, and liabilities, which can provide insight into its financial performance and position.

What are examples of forensic accounting?
Forensic accounting is the application of accounting principles and techniques to legal issues. Forensic accountants use accounting, auditing, and investigative skills to detect and prevent financial fraud, misappropriation of funds, and other financial crimes.
Some examples of forensic accounting include investigating white-collar crimes, analyzing financial statements for evidence of fraud or embezzlement, and tracing funds in cases of money laundering. Understanding the basics of forensic accounting can help you better analyze financial statements and detect irregularities.

What accounts are affected when a company pays cash for a manufacturing cost?
When a company pays cash for manufacturing costs, several accounts are affected. The primary accounts affected are cash and the cost of goods sold (COGS) accounts. If the company is using a perpetual inventory system, the raw materials inventory, work-in-progress inventory, and finished goods inventory accounts will also be affected.
When a company pays for manufacturing costs, it reduces its cash account and increases its COGS account. If the company is using a perpetual inventory system, it also reduces the appropriate inventory account (i.e., raw materials, work-in-progress, or finished goods).

What are the 4 source documents in accounting?
Source documents are original records of financial transactions. There are four primary source documents in accounting: invoices, receipts, checks, and purchase orders. These documents provide evidence of a transaction and help support the entries made in the accounting system.
Invoices are issued by a vendor when a purchase is made, receipts are issued when a payment is received, checks are issued when a payment is made, and purchase orders are issued when a purchase is authorized. Understanding the role of source documents in accounting is essential in maintaining accurate financial records.

How do you calculate accrued interest in accounting?
Accrued interest refers to the interest that has been earned but not yet received or recorded. In accounting, accrued interest is recorded as a current liability on the balance sheet until it is paid.
To calculate accrued interest, you need to know the interest rate, the principal amount, and the number of days the interest is being accrued. The formula to calculate accrued interest is:

Accrued Interest = (Principal x Interest Rate x Days) / 365

Understanding how to calculate accrued interest is essential in preparing accurate financial statements and maintaining accurate financial records.
Some of the popular topics in Accounting on which our assignment & homework experts work on a daily basis are listed below:

Financial Accounting Theory Capital Investment Analysis
Taxation Financial Reporting
Management Accounting Fundamentals of Accounting
Cost Management Marketing Basics
Cost Accounting Auditing and Professional Accounting
Accounting for Bills of Exchange Microeconomics & Macroeconomics
Bank Reconciliation Statement Management Fundamentals
Final Accounts

Professional Accounting Practice

Statement of Cash Flows

Quantitative Methods of Accounting

Accounting Ratios Analysis

Share Prices & Accounting Information

Depreciation, Provisions and Reserves

Business Strategy and Financial Statement 

Financial Calculators

Intermediate Management Accounting

Financial Statements

Accountability and Auditing

Variable Costing System

Taxation Principles

Markets and Institutions

Investment Analysis

Capital Budgeting  

Accounting Assignment Help From All Assignment Experts

Searching ‘do my accounting assignment?’ there are countless students like you who need help with accounting assignments. So we have brought the best accounting assignment help experts for you. Our accounting experts have the highest academic credentials from the best institutions in the world. They help with accounting assignments to students in Australia, New Zealand, the US, the UK, Canada, Singapore and many other nations. This experienced team provides online accounting tutoring on all sorts of accounting topics, right from basic problems to advanced issues.

Taking online accounting homework help is the new craze amongst college students. Everybody appears to be benefitting from our unique step-by-step approach to make you understand complex accounting concepts. So why must you lag behind? Allow us to take you through the countless blessings of taking online accounting assignment help.

  • Our accounting assignment help is honest. We adhere to the timelines and share the solutions well before your deadline. Our tutors are committed and provide their services even during the tight timelines
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  • Finally, you could see a marked improvement in grades in accounting assignments.

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Frequenly Asked Questions (FAQs) Related To Accounting Assignment Help

Accounting Assignments involve a lot of accounting and financial-based concepts that require a piece of in-depth knowledge. Also, it is considered that the calculation part of accounting assignments is the most difficult. Students need to have proper knowledge of the same to complete their accounting tasks. However, if you are looking for external help, you can always take guidance from our renowned Account expertise. Our team of experts develops a strong base of accountancy; hence we ensure the high-quality work.

Accounting assignments involve deep knowledge about the different financial concepts for which You can hire us to complete your tough and time taking assignments. Our experts solve your Accounting Assignments as per the instructions provided by your university based on the marking criteria. Our team can help you with the full accounting, Excel, and Managerial accounting classes and exams as well. Our accounting experts do extensive research and have the knowledge to finalize the solution before submitting it to you. Do contact us if you need any kind of accounting assistance.

Yes, we can do all kinds of accounting assignments from Australia. Our accounting experts know different financial and accounting concepts which are an important aspect of various Australian Universities. With our online services, we guarantee an A+ score on all your assignments and homework’s. At https://allassignmentexperts.com/, our team provides solutions to numerous book questions, project and tasks which comes under our accounting homework help services.

As Accounting is a technical subject and includes a lot of calculations plus financial concepts, one must be very much aware and know how to solve those. We have been providing accounting assignment help services in a range of various topics like Balance Sheets, Bank Reconciliation, Financial Ratios, Cash Flow Statements, Accounts Receivable, Debits and Credits, etc. Our professional accounting experts at All Assignment Experts, are degree holders from a reputed institution and have many years of experience, in-depth knowledge of accounting and financial assignments hence they can ensure first-class custom assignment solutions.

Yes, we at allassignmentexperts.com provide online Accounting Exams and Tests services to all the students who are in need. As we know students must undergo a rigorous academic period and have the pressure of scoring good grades to receive the degree, our professionals have come up with the idea to help the students with exams from different fields too. Our professional accounting experts always work in sync with the necessary instructions, and this makes our service an ideal one for all academic needs.


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