E-accounting or online accounting is the use of online and Internet technologies to the business accounting function. It is similar to e-mail being an electronic version of traditional mail. E-accounting is the electronic usage of lawful accounting and traceable accounting processes which were traditionally manual and paper-based. E-accounting involves performing regular accounting functions, accounting research… Read More

Accounting ethics is a field of applied ethics. It refers to the study of moral values and judgments as they apply to accountancy. Accounting ethics is an example of professional ethics. It was first introduced by Luca Pacioli. Later, it expanded by government groups, professional organizations, and independent companies. Ethics are taught in accounting courses… Read More

The accounting equation is the foundation of the double-entry accounting system in use today. It is quite simple to understand and to use. It represent the relationship between the assets, liabilities and the equity of a business. It can be best described in an equation: Assets=Capital+Liabilities. In a corporation, the capital mentioned in the equation,… Read More