Financial Accounting Essay Topics

Limitations of Financial Accounting

Financial accounting is the only branch of accounting and it is not perfect. There are large numbers of limitations which open new way to use other tools of accounting. To know what are the main limitations of financial accounting. It is very necessary for accountants. Accountants are often blind to these limitations. So, I am… View Article

Whether Fair Value Should Be Retained In Financial Accounting

Fair value may also be called the justified or unbiased price. It is applied in both Economics and Accounting. Fair value accounting refers to the rational or unbiased estimate for the possible good’s, service’s and asset’s market price. Fair value in Accounting is aimed at presenting financial data in the most utilizable way possible. Financial… View Article