PDF-Government and Not-for-Profit Accounting: Concepts and Practices

The Benefits of Reading Books. Aditya. G. . Parameswaran. Stanford University. Joint work with: . Hector Garcia-Molina (Stanford) and . Anand. . Rajaraman. (. Kosmix. Corp.). . 1. Motivating Examples. tax assessors san . antonio. maximization. Economic profit = total revenue - all economic costs. Economic costs include accounting cost. (. explicit. . costs. ). and opportunity costs (implicit. . costs. ).. Profit maximization. 90% of small businesses fail due to poor financial management, lack of internal controls, and inadequate planning.. Why do you need to understand and create accurate financial reports for your business?. AP Economics. Mr. Bordelon. Profit. Profit.. . . T. otal revenue minus total cost. π means “profit.”. π = TR – TC. Total revenue.. Price of output times the quantity sold.. TR = PQ. Total cost.. LECTURE NOTES – VACATION SCHOOL 2018. INTRODUCTION TO PUBLIC SECTOR ACCOUNTING. L. EARNING OBJECTIVES. After studying this chapter, readers will be able to:. Understand the objective of public sector accounting. PUBLIC SECTOR ACCOUNTING (PSA712S) LECTURE NOTES – VACATION SCHOOL 2018 INTRODUCTION TO PUBLIC SECTOR ACCOUNTING L EARNING OBJECTIVES After studying this chapter, readers will be able to: Understand the objective of public sector accounting The Benefits of Reading Books Government Accounting-an overview. Features of Government Accounting. General Principles of Government Accounting. Comparison between Government Accounting and Commercial accounting. Government Accounting & Reporting. Dr.S.BELLARMIN. DIANA. ASSISTANT . PROFESSOR. PG . & RESEARCH DEPARTMENT OF MANAGEMENT . STUDIES. BON . SECOURS COLLEGE FOR WOMEN, THANJAVUR.. INRODUCTION. Accounting serves the purpose of providing financial information relating a business. Such information is provided to people who have an interest in the organization. Behind the Supply Curve. Profit . Profit = Total Revenue – Total Cost. Primary goal of a firm is to maximize profit. Can be done in two ways. Increase revenue. Reduce costs. What types of costs exist?. Tuesday, July 11, 11:00 AM. Presented . by: . Teri Jones & Chi Zhang. Agenda. Accounting Journals. . (. Reference Files, Accounting Journals). Cash . Budget . (Task 1 & 2). Making . Projections . Dr. Sarina Preechalert , CFP. Outline. 1. Economics concepts and Theories. Microeconomics. Macroeconomics. 2. Accounting concepts and Theories. Financial information. Financial analysis. 3. Financial concept and Theories. . M.Saranyadevi. ,. Assistant Professor,. . PG . Department of Commerce (. sf. ),. . Cardamom . Planters’ Association College. . Learning Objectives. BY UTSAV PALAN.. Points to be covered under IND AS-20 are as follows:. Introduction.. Scope.. Definitions.. Recognition of Government Grant. . Accounting Of Government Grant.. Disclosures.. INTRODUCTION TO IND AS-20.