PPT-Accounting

Week 2 Lots of transactions occur which affect different accounts The business needs to keep track of the different accounts it is accounting for so it creates a CHART of ACCOUNTS The chart of accounts is a numbered list of all the businesses accounts. 57375e accounting system is illequipped to provide adequate information about the en vironmental activities of organisations Envi ronmental problems have become global and as a result environmental accounting may be interpreted at several di57374ere asnau COPYRIGHT 1996 Australian Accounting Research Foundation The copying of this Standard is only permitted in certain circumstances Enquiries should be directed to the Australian Accounting Research Foundation ISSN 10343717 brPage 3br AAS 18 CONTE Topics. Double Entry Accounting System-What it is?. Cash and Accrual based Accounting. Concept of Debit and Credit. Revenue & Capital. Accounting definitions.. What is Accounting?. . Accounting is an art of recording ,classifying and summarizing the financial information in a significant manner.. RICHARD G. SCHROEDER . MYRTLE W. CLARK . JACK M. CATHEY. THEORY . AND. ANALYSIS: . TEXT AND CASES. 11. TH. EDITION. Chapter 2. The Pursuit of the Conceptual Framework. Introduction. What is the conceptual framework?. COST MANAGEMENT BASICS. 1. Agenda. Accounting Overview. Financial Accounting. Budgetary Accounting. Management Accounting. Output Costs. Transfer Pricing. 2. Accounting Overview. 3. “is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.. Slide 1 of 18. CA PARAS JAIN. parasjain2807@gmail.com. +91 9819815706. Accounting Policies. Changes in Accounting Policies. Accounting Estimates. Changes in Accounting Estimates. Prior Period Errors. The standard was extensively revised in Dec 2003. The new title reflects the fact that the material on determining net profit or loss for the period has been transferred to IAS 1.. Mr. Barry. A-level Accounting Year 13. . Cost Accounting: . Foundations & Evolutions, . 9e. . Kinney and . Raiborn. Learning Objectives. What are the relationships among financial, management, and cost accounting?. What are . the sources . Frederick D. S. Choi . Gary K. Meek. Chapter 4: . COMPARATIVE . . ACCOUNTING: . The Americas and . . Asia. Learning objective:. COST MANAGEMENT BASICS. 1. Agenda. Accounting Overview. Financial Accounting. Budgetary Accounting. Management Accounting. Output Costs. Transfer Pricing. 2. Accounting Overview. 3. “is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.. Prologue. Financial and Managerial Accounting: Seven Key Differences. Work of Management. . Planning. Decision . Making. Controlling. Planning. Establish Goals. Specify How Goals . Will Be Achieved. and . Conceptual Framework for Financial Reporting. ACCT-3030. 1. 1. Basic Definitions. What is accounting?. the identification, measurement, and communication of financial information. about economic entities. The Benefits of Reading Books BS Accounting. BS Finance. Dept. of Accounting & Law. Program Objective. . To develop Accounting and Finance professionals with world class competencies and ethical standards. To provide opportunities for young professionals to acquire not...