Financial Acctg Non Financials_en
English-based Financial Accounting
A Tool for Business Decision Making
Objectives
1. How Do You Learn Accounting Best?
2. An Introduction to Financial Statements.
3. A Further Look to Financial Statements.
4. The Accounting Information System.
5. Accrual Accounting Concepts
Contents
An Introduction to Financial Statements
- Forms of Business Organization
- Users and Uses of Financial Information
- Business Activities
- Communicating with Users
- Other Elements of An Annual Report
- Assumptions and Principles in Financial Reporting
A Further Look At Financial Statements
- Objective of Financial Reporting
- Characteristics of Useful Information
- Constraints in Accounting
- The Financial Statements Revisited
- The Income Statement
- The State of Stockholder's Equity
- The Classified Balance sheet
The Accounting Information System
- Accounting Transactions
- The Journal
- The Account
- Steps in The Recording Process
- The Trail Balance
Accrual Accounting Concepts
- Timing Issues
- The Basics of Adjusting Entries
- The Adjusted Trial Balance and Financial Statements
- Closing The Books
- Summary of the Accounting Cycle
End