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Financial Accounting Florida

Financial accounting is a form of accountancy that deals with the preparation of financial statements for external organizations around Florida, such as stockholders, suppliers, banks and government agencies. This site will provide in-depth information about financial accounting is and how accounting standards have changed over the years.
1. Local Companies
2. Financial Accounting - Info
3. Meaning of Accounting Equation
4. Balance Sheet
5. Featured Local Company

1 . Local Companies

Pat Appleson Studios, Inc.
(954) 587-7900
757 SE 17 Street, Suite 358
Fort Lauderdale, FL
Guru BIllers LLC
(305) 248-1436
969 Krome Ave.
Homestead, FL
GO Global
(305) 466-1122
3530 Mystic Pointe Dr. Ste. 502
Aventura, FL
Dreggors, Rigsby & Teal, PA,
386-734-9441
1006 N Woodland Blvd, Ste A
DeLand, FL
MAT Consulting
386-624-5239
816 W. Euclid Avenue
DeLand, FL
Shoreline Accounting, Inc.
(850) 512-0874
6971 Datura St.
Milton, FL
JTW Business Solutions, Inc.
(239) 986-3967
3121 Orange Grove Trail
Naples, FL
K.A.B. BOOKKEEPING & TAX SERVICE INC
321-267-2111
3659 S HOPKINS AVE
TITUSVILLE, FL
Camelot Numerics
305.849.2886
631 United Street
Key West, FL
Cost Segregation Services, Inc.
(904) 435-4155
3948 3rd Street South
Jacksonville Beach, FL

2 . Financial Accounting - Info

Financial Accounting - Info Reporting of the financial position and performance of a firm through financial statements issued to external users on a periodic basis. Financial accountancy (or financial accounting) is the branch of accountancy concerned with the preparation of financial statements for external decision makers, such as stockholders, suppliers, banks and government agencies. The fundamental need for financial accounting is to reduce principal-agent problem by measuring and monitoring agent's performance.

3 . Meaning of Accounting Equation

Meaning of Accounting Equation The value of a company can be understood simply as the useful assets that ownership of a company entitles one to claim. This value is known as Owners' Equity. Some assets of a company, however, cannot be claimed as equity by the owners of a company because other people have legal claim to them - for example if the company has borrowed money from the bank. The value of a resource claimable by a non-owner is called a liability. All of the Assets of a company can be claimed by someone, whether owner or not, so the sum of a company's equity and its liabilities must equal the value of its Assets. Thus the accounting equation describes what portion of a company's assets can by claimed by the owners.

Various account types are classified as 'credit' or 'debit' depending on the role they play in the accounting equation.

Assets = Liabilities + Equity (move assets to the right)

0 = -Assets + Liabilities + Equity

4 . Balance Sheet

Balance Sheet A financial accountant must equal assets with liabilities and owner’s equity. The balance sheet (or the statement of financial position) is the financial statement that summarizes the assets, liabilities, and owners’ equity of the company.

5 . Featured Local Company

Pat Appleson Studios, Inc.

9545877900
757 SE 17 Street, Suite 358
Fort Lauderdale, FL
http://www.appleson.com
Read more about Financial Accounting

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