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In this chapter, we are going to explain the accounting process. In later chapters, we will develop the accounting knowledge and its application to fund accounting: FUND ACCOUNTING AND VALUATION Assignment, UCD, Ireland

University University College Dublin (UCD)
Subject FIN1071B FUND ACCOUNTING AND VALUATION

Introduction:
In this chapter, we are going to explain the accounting process. In later chapters, we will develop the accounting knowledge and its application to fund accounting. The key terminology will be explained with practical examples provided to assist your understanding. To record a financial transaction we first need to understand the concept of accounting.

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