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Accounting dictionary

Sacred Accounting has explained the complex topics of accounting and finance in the simplest form. Various terms are explained with examples that makes the topic easy to learn. Topics are updated on a weekly basis.

audit & assurance

Audit is the detailed examination of financial statements. Audit is much more than just numbers. Assurance is a intended to provide reasonable assurance about the truth and fairness of Financial Statements.

Business strategy

Business strategy is all about strategic planning and setting the goals. Sacred Accounting is not just about accounting and Finance. Several topics have already been published. More to come in the coming days.

financial accounting

Financial Accounting is beyond just recording of transactions. Transactions are analyzed, categorized and assessed before presenting them in Financial Statements. This category is all about Financial Accounting!