TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 1 - Needles, Powers, Crosson

Chapter 1 - Uses of accounting information and the financial statements. Chapter 1 explores the nature and environment of accounting, with special emphasis on the users and uses of accounting information. It introduces the four basic financial statements, the concept of accounting measurement, and the effects of business transactions on financial position. This chapter concludes with a discussion of ethical considerations in accounting and a supplement entitled "How to Read an Annual Report." | Uses of Accounting Information and the Financial Statements Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 1 1– Learning Objectives Define accounting, identify business goals and activities, and describe the role of accounting in making informed decisions. Identify the many users of accounting information in society. Explain the importance of business transactions, money measure, and separate entity to accounting measurement. Identify the three basic forms of business organization. 1– Learning Objectives (cont’d) Define financial position, state the accounting equation, and show how they are affected by simple transactions. Identify the four financial statements. State the relationship of generally accepted accounting principles (GAAP) to financial statements and the independent CPA’s report, and identify the organizations that influence GAAP. Define ethics and describe the ethical responsibilities of accountants. 1– Accounting as an .

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Financial statements
• Accounting information
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting