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CA BUSINESS SCHOOL EXECUTIVE DIPLOMA IN BUSINESS AND ACCOUNTING STRATEGY SEMESTER 1 : Financial Accounting and ReportingBalance Sheet/ Statement of Financial Position B G Wimalarathna (FCA, CMA, MAIM,

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What is semester 1 financial accounting?

Semester 1 financial accounting refers to the process of recording, summarizing and reporting the financial transactions of an organization for the first half of the academic year.

Who is required to file semester 1 financial accounting?

Educational institutions, universities, schools, and organizations that follow a semester system are required to file semester 1 financial accounting.

How to fill out semester 1 financial accounting?

Semester 1 financial accounting can be filled out by recording all financial transactions, preparing financial statements, and ensuring compliance with accounting standards.

What is the purpose of semester 1 financial accounting?

The purpose of semester 1 financial accounting is to provide stakeholders with accurate and timely information about the financial performance and position of an organization for the first half of the academic year.

What information must be reported on semester 1 financial accounting?

Information such as revenue, expenses, assets, liabilities, and equity must be reported on semester 1 financial accounting.

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