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    FABM 300 Words

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    Alexa De Villena Dionisio
    The document discusses the fundamentals of accounting and business management (FABM) curriculum which focuses on analyzing financial statements and transactions for service companies and retail businesses. It emphasizes that as an ABM student, the author will likely need this financial knowledge for their future professional career. The ABM track provides opportunities to establish and manage a firm by developing skills like time management and understanding accounting concepts such as assets, liabilities, and financial statements which are recorded using double-entry bookkeeping. Mastering financial transactions through FABM will help the author assess a company's financial health and make suggestions to management to work more efficiently.

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    Download as PDF, TXT or read online from Scribd

    FABM 300 Words

    Uploaded by

    Alexa De Villena Dionisio
    41 views1 page
    The document discusses the fundamentals of accounting and business management (FABM) curriculum which focuses on analyzing financial statements and transactions for service companies and retail businesses. It emphasizes that as an ABM student, the author will likely need this financial knowledge for their future professional career. The ABM track provides opportunities to establish and manage a firm by developing skills like time management and understanding accounting concepts such as assets, liabilities, and financial statements which are recorded using double-entry bookkeeping. Mastering financial transactions through FABM will help the author assess a company's financial health and make suggestions to management to work more efficiently.

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    FABM 300 words

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    The document discusses the fundamentals of accounting and business management (FABM) curriculum which focuses on analyzing financial statements and transactions for service companies and retail businesses. It emphasizes that as an ABM student, the author will likely need this financial knowledge for their future professional career. The ABM track provides opportunities to establish and manage a firm by developing skills like time management and understanding accounting concepts such as assets, liabilities, and financial statements which are recorded using double-entry bookkeeping. Mastering financial transactions through FABM will help the author assess a company's financial health and make suggestions to management to work more efficiently.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    41 views1 page

    FABM 300 Words

    Uploaded by

    Alexa De Villena Dionisio
    The document discusses the fundamentals of accounting and business management (FABM) curriculum which focuses on analyzing financial statements and transactions for service companies and retail businesses. It emphasizes that as an ABM student, the author will likely need this financial knowledge for their future professional career. The ABM track provides opportunities to establish and manage a firm by developing skills like time management and understanding accounting concepts such as assets, liabilities, and financial statements which are recorded using double-entry bookkeeping. Mastering financial transactions through FABM will help the author assess a company's financial health and make suggestions to management to work more efficiently.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Alexa D.

    Dionisio 12 ABM 1

    Fundamentals in Accounting and Business Management is a curriculum that focuses on


    financial performance, both vertical and horizontal analyses, and the creation of financial
    statements for services companies and retail businesses. Future business owners' ability to
    analyze financial statements and make wise financial decisions will be enhanced by their
    knowledge and expertise in this area. This information is essential for me as an ABM student
    because I will likely need it in my future professional endeavors. Today, accounting is thought of
    as the methodical gathering and evaluation of data relating to the financial operations of a
    business. The ability to transmit pertinent information across and among information
    providers and end consumers is another of accounting's most crucial goals.

    The ABM Strand track will, first and foremost, provide you with a lot of possibilities to
    establish and manage your firm. In addition to learning how to manage your time effectively,
    you'll also build a wide range of other abilities that will be useful in almost any field you decide
    to explore. I, this course has made it easier for me to understand many fundamental accounting
    concepts, such as identifying who the users and stakeholders are, and how they relate to assets,
    liabilities, stockholders, and vital financial statements. I also discovered that transactions must
    be recorded using the double-entry method, which requires that each transaction be
    represented by an entry with equal debits and credits.

    In particular, I should be knowledgeable about financial transactions like withdrawals


    and deposits. Learning FABM will help me to know how the Accounting process works. You'll be
    able to assess your company's financial health independently if you have a solid foundation in
    accounting. You can gain an insightful understanding of this information and present
    suggestions for improvement to top management. In the end, knowing the financial situation of
    your firm will make you more efficient in your work.

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