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EducationalRequirementsforCaliforniaCPALicensure ImpactonMenloAccountingMajors #124unitsofAccountingSubjects,which includes: AccountingFinancialReportingAuditingFinancialStatementAnalysisTaxation
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What is accounting?
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions.
Who is required to file accounting?
Businesses, organizations, and individuals who engage in financial transactions are required to file accounting.
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Accounting can be filled out manually using paper and pen, or using accounting software such as QuickBooks or Xero.
What is the purpose of accounting?
The purpose of accounting is to provide accurate financial information for decision-making, reporting, and compliance purposes.
What information must be reported on accounting?
Information such as income, expenses, assets, liabilities, and equity must be reported on accounting.
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