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What is an income statement and how to make one

ContentConsider accounting software.Determine your cost of goods soldIncome statementRevenues and GainsPurpose of Financial Statements“Show me the money!”Revenue (income) COGS include the cost of producing your goods or performing services (e.g., raw materials and...

Audit Overview, How It Works, Stages and Levels

ContentHighest Paying Finance JobsAccounting vs. AuditingInternal AuditsImportance of Honesty in AccountingFor internal audit, planning stages include: Accounting involves tracking, reporting, and analyzing financial transactions. It covers everything from preparing...