Name: de Quiroz, Nicole V.

Course: BPA 2B

FINANCIAL SPOKEN POETRY

"Harmonizing Finance: Accounting Principles Unveiled"
In the world of numbers, where balance is the game,
Major accounting principles, they're all in the name.
Let me spin a tale of these rules so grand,
With accounting verses, you'll understand.

First, we have double-entry, a steadfast guide,

Debits and credits, always side by side.
For every action, there's an equal reaction,
In the world of accounting, it's the main attraction.

Accruals and deferrals, they set the pace,

Matching revenues and costs, in the right place.
It's all about timing, as you'll soon see,
Making financial sense from complexity.

Financial statements, they tell the story,

Balance sheets, income, and cash flow's glory.
They reveal a company's financial health,
With clarity and truth, they share the wealth.
 Materiality, consistency, and prudence too,
These principles guide accountants in all they do.
With transparency and honesty, they adhere,
In the world of finance, they make it clear.

So remember these principles, they're the core,

In the realm of accounting, they're the open door.
With accounting verses, we break it down,
Major accounting principles, the financial crown.

In the world of numbers, where clarity prevails,

Major accounting principles, like guiding trails.
Accounting verses, the knowledge unveils,
In the realm of finance, the truth prevails!