asian

Finance Accounting

Asian Journal of Finance & Accounting

Public companies are required to perform financial accounting as part of the preparation of its financial statement reporting. Small or private companies may also use financial accounting, but they often operate with different reporting requirements. Financial statements prepared using financial accounting are used by many parties outside of a company such as lenders, government agencies, auditors, insurance agencies, or investors. Cost accounting is rooted in using operational information in specific ways to glean information. For example, cost accounting may track the variable costs, fixed costs, and overhead costs along a manufacturing process.

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Center For Small Business Finance

42007-017: Small Business Finance Project Asian Development Bank

If you don’t have all of those things, it can be challenging to impossible to get approved for a business loan. Many owners turn to private lenders, investors, or VC firms next, but this can mean giving up equity in your company or having to agree to high interest rates and unfavorable loan terms. Using accounting software can help make your financial planning and record-keeping more effective and less time consuming. When you need to apply for funding, you can reduce the legwork of having to recreate all of these statements for your application. In fact, with FundThrough, you don’t … Read more

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