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Auditing

Learn Auditing

Below is a list of TS Consult’s most popular guides to learn accounting on your own. Each guide is tailored to the point-of-view of a financial analyst, so you’ll be learning accounting with a finance perspective. Whether you need to learn about debits and credits, journal entries, the 3 financial statements, or the various types of depreciation, these guides will have you covered!

Revenue Recognition Principle

What is the Revenue Recognition Principle? The revenue recognition principle dictates the process and timing by which revenue is recorded and recognized as an item in a company’s financial statements. Theoretically, there are multiple points in time at which revenue could be recognized by companies. Generally speaking, the earlier revenue is recognized, it is said…

Three Financial Statements

What are the Three Financial Statements? The three financial statements are: (1) the Income Statement, (2) the Balance Sheet, and (3) the Cash Flow Statement. These three core statements are intricately linked to each other and this guide will explain how they all fit together. By following the steps below, you’ll be able to connect…

T Accounts Guide

What are T Accounts? If you want a career in accounting, T Accounts may be your new best friend. The T Account is a visual representation of individual accounts in the form of a “T,” making it so that all additions and subtractions (debits and credits) to the account can be easily tracked and represented…

Journal Entries Guide

What are Journal Entries in Accounting? In an accounting career, journal entries are by far one of the most important skills to master. Without proper journal entries, companies’ financial statements would be inaccurate and a complete mess. An easy way to understand journal entries is to think of Isaac Newton’s third law of motion, which…

All Auditing Articles A-Z

  • 2/10 Net 30
  • Absorption Costing
  • Accelerated Depreciation
  • Accountant
  • Accounting
  • Accounting Conservatism
  • Accounting Cycle
  • Accounting Equation
  • Accounting Ethics
  • Accounting For Income Taxes
  • Accounting Forums
  • Accounting Income
  • Accounting Method
  • Accounting Policies
  • Accounting Profit
  • Accounting Ratios
  • Accounting Standard
  • Accounting Transactions
  • Accounts Expenses
  • Accounts Payable
  • Accounts Receivable