Financial Accounting Quiz

Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders.

Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business.

International Financial Reporting Standards (IFRS) is a set of accounting standards stating how particular types of transactions and other events should be reported in financial accounting.

<p>Financial accountancy is governed by both local and international accounting standards.</p> Signup and view all the answers

<p>Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction.</p> Signup and view all the answers

<p>Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course. Exam score = 75% of.</p> Signup and view all the answers

<p>25 April 2021, Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.</p> Signup and view all the answers

<p>The fee for the optional certification exam is Rs 1000/- (Rupees one thousand only).</p> Signup and view all the answers

<p>Register, write the proctored exam in person at any designated exam centre, and pay the certification exam fee after filling the online registration form.</p> Signup and view all the answers

<p>More details will be made available when the exam registration form is published. Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form, etc.</p> Signup and view all the answers