FABULOUS

PROJECT BY XHESIKA VLADI AND ELAID HASANI

NUMBERS
WORLD
HOW TO CALCULATE BETTER?
FINANCE, ACCOUNTING & BUSINESS
3 key words that will make your finacial statement FABUOLOUS and bring harmony in your
bank account.How to be smarter and to know&control your money.Stats,numbers and
investments are not scary,is just a game you need to play.

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FINANCE VS ACCOUNTING
What is the difference between them?
The main difference between them is that
those who work in finance typically focus
on planning and directing the financial
transactions for an organization, while
those who work in accounting focus on
recording and reporting on those
transactions. Put another way, accounting
is the organization and management of
financial information, whereas finance is
the management of money.

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 FINANCE
Personal finance involves financial planning
for individuals. This can include long-term
financial management plans, such as
retirement, purchasing of financial products,
such as mortgages, and banking.
Finance professionals often evaluate,
control, or govern the monetary resources,
investments, and assets of an organization
with a focus on profitability. They may also
be involved in the early stages of expansions
and acquisitions and often play a key role in
helping an organization respond to trends in
the marketplace to either capitalize on
upturns or help the organization withstand
downturns.

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ACCOUNTING

• Accounting is the identifying, recording, and communicating of

an organization’s economic results. A vital function for any
business, accounting measures business activities, processes the
information into reports, and communicates the results to
decision-makers
• . Financial accounting includes the generation of financial
statements that typically involve a balance sheet, income
statement, and cash flow statement. This information is used by
external decision-makers, such as investors, creditors and taxing
authorities.
• Managerial accounting often involves the same data as
financial accounting, but it is used by internal stakeholders to
make decisions on business operations. This can also include
forecasting, budgeting, and other financial analysis tools.
• Cost accounting involves determining the cost associated with
producing a product and helps businesses decide if they should
produce the product and what the product should cost.

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10 Finance and Accounting Skills
1.Training and education
2.Interpersonal skills
3.Ability to communicate
4.Aptitude for financial reporting
5.Analytical know-how
6.Problem-solving skills
7.Technology expertise
8.Management experience
9.Business savvy
10.Capacity for innovation

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Importance Of Financial Accounting for Business
One of the most significant fields of accounting is financial accounting. It
delivers a wealth of information that is critical to the workplace and
assists businesses in recording and tracking all financial data, as well as
understanding the company's health and making informed decisions.
The points mentioned below can better highlight the importance of
financial accounting:
Keeping Track of Financial Transactions
The primary purpose of financial accounting is to document and record
financial transactions, which is referred to as bookkeeping in accounting
terms.
Financial accounting is used by small business owners to document all of
their company's commercial activities in the accounting ledger.
All financial transactions are recorded using double entries in financial
accounting. As a result, every accounting procedure has two sides, one
being a creditor and the other being a debtor.
Financial accounting is vital for business owners since it gives them
methodical insights allowing them to describe their job and make
appropriate decisions.
Comparison And Analysis of Financial Data
Comparison and analysis are two techniques that commercial business
owners may use to examine and research competition and investment
prospects using financial accounting data.
The general principles of accounting control financial accounting. As a
result, a resemblance in the technique of generating financial data and
information for multiple firms emerges, and this accounting aids in the
calculation of financial ratios based on the company's own data, and then
comparison with industry rivals or standard ratios.

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BUSINESS
WORLD
PARADISE&HELL
 MONEY IS A CONCEPT
To make money, you gotta spend money—and no one does this to better effect than the Federal Reserve. In fiscal year
2014, the Bureau of Engraving and Printing created 6.9 billion paper notes, with a total value of $130.1 billion, which adds
up to about 24.8 million notes a day. That might seem like an enormous amount to be adding to the pool, but in fact, more
than 90 percent of the notes are used to replace ones already in circulation (or recently taken out). It never stops, either: In
the current fiscal year, the BEP plans on making 7.2 billion notes, valued at $188.7 billion, a 20 percent increase from last
year. It’s just a fraction of the total amount of money currently circulating—about $1.37 trillion as of June 4, 2015—of
which $1.32 trillion was in Federal Reserve notes.

So how much money is it costing the government to produce all that dough? Well, $1 and $2 bills cost 4.9 cents per note to
make, while $5 cost 10.9 cents, $10 cost 10.3 cents, both $20 and $50 bills cost 10.5 cents, and $100 bills cost 12.3 cents. In
other words, the more it’s worth, the more it costs to produce.

While each individual note costs a fraction of what it's worth to produce, those bills do add up. Not to mention raw
materials: Between the facilities in Fort Worth and Washington D.C., about 8.9 tons of ink was used each day in the last
fiscal year. When it’s all said and done, if the new currency budget is an accurate prediction, the Fed will spend about
$717.9 million this year alone.

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INNER
DOPAMINE
IF YOU ARE NOT EXCITED JUST DO NOT DO IT. YOUR
BRAIN MUST BE ENTERTAINED BY YOUR SCHEDULE.
DON’T MISUNDERSTAND THIS STATEMENT BECAUSE
TRUE BUSINESSMANS ARE BORN IN THE HOURS
WHEN MOST OF THE PEOPLE SLEEP.
ALWAYS KEEP YOUR BRAIN SHARP
OSHO:INTUITION IS A SCALE ABOVE
INTELLECT
After learning and mastering the basic you are still a good worker,maybe a great worker,but this do not not mean you can
make it in the jungle.Curageous people take risks,you might be dumb today and 5 years later a genus.Most want to play safe
and some try to dance with the devils.The information it is limited until you reach a certain status,until there trust your gut
and be creative,improvise and keep a spiritual balance

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 BE A SUCKER FOR INFORMATION
Always try to have a advantage,to be ahead of others,communication is the key,try to understand the
person in front of you and to get the best of what they know or say.To get certain infos you need to
be around certain peoples.Try to stay close to the market and hear what it needs.

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 NICOLA TESLA LESSONS
Energy , vibration and frequency(the numbers 3,6 and 9).You need to respect this three numers and their
meanings.This is not about science.this is abot creating the magnetic field of opportunities and the connection of
people with the same energy that vibrates the same meaning through words.Try to be in same frequency with
people that have similar goals or objective that you have.Tesla said:“If you want to find the secrets of the universe,
think in terms of energy, frequency and vibration.So turn your radio at 88.8 Hz MONEY SATION

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 CONFIDENCE IS THE KEY
There are 3 types of confidences :
1)Confidece that comes from from a talent TEMPORARY
2)Confidence that comes from financial situation ALSO TEMPORAY
3)Confidendence that comes from you as a spirit,free individual,your energy,believing in your power TIMELESS

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THANK YOU!