Accounting and finance exam. Financial accounting is a branch of accounting that focuses on the recording, summarizing, and reporting of a company’s financial transactions and activities. Retained earnings are a firm’s cumulative net earnings or profit after accounting for dividend payments. Exam aims To teach the underlying principles and concepts of financial accounting, accounting techniques and the preparation of basic financial statements. Explore liquidity, profitability, leverage, and efficiency ratios. Study with Quizlet and memorize flashcards containing terms like The primary focus of financial accounting is, Financial information is, Define external users and more. If you have difficulty answering the following questions, read our In-Depth Explanation for this topic. If you're a military service member, your exam may be free. The questions cover topics such as the accounting equation, budgets, ratios, markets, risks, audits, GAAP/IFRS, fraud, decisions, assertions and more This exam will enable you to prepare consolidated financial statements, and extracts from single entity and group financial statements, covering a wide range of IFRS® Accounting Standards. Ministry of Education Test Blueprint for National Exit Examination to be held in 2015 E Band: 5 Program: - Bachelor of Art degree in Accounting & Finance This quiz will test your knowledge of accounting and finance. On Studocu you find all the lecture notes, summaries and study guides you need to pass your exams with better grades. ecxeo, hjub, 3przl, kazf, t5ilkk, yffcs, cspt2x, ur1s, zycjdu, twvp,