International Partnership of Education Research and Communication (IPERC)
Bachelor of Financial Accounting in Business and Finance
Columbus, USA
BSc
DURATION
LANGUAGES
English
PACE
APPLICATION DEADLINE
EARLIEST START DATE
Sep 2026
STUDY FORMAT
Distance Learning
Key Summary
Financial accounting is the process of recording, summarizing, and reporting the financial transactions of an organization to external stakeholders such as investors, creditors, and regulators. It provides a systematic way of measuring and communicating the financial performance and position of a business entity.
The main objectives of financial accounting are to provide relevant, reliable, and timely financial information to stakeholders, to ensure compliance with accounting standards and regulations, and to facilitate decision-making by investors, creditors, and other interested parties. Some of the key components of financial accounting include the balance sheet, income statement, statement of cash flows, and notes to the financial statements.
Financial accounting also involves the use of generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS) to ensure consistency and comparability of financial reports across different organizations and countries.
































