One of the central tenets of accounting is the principle of conservatism. According to this principle, when there is doubt about the amount of expected inflows and outflows, the organization must state the lowest possible revenue and the highest possible costs. This can be seen in the fact tha...
会计基本原则 Fundamentals of accounting 1.概念 accounting is guided by principles ,standards,concepts and assumptions。 2. 进行理论决策的指导方针 Ethicsa key concept 识别 分析 决策 Identity ethical concerns analyze options make ethical decision 3. Ethics of business and the social responsibility 4. ...
▪1.Whyaccounting?▪2.Whatisaccounting?▪3.Ethicsinaccounting▪4.Accountingmodel/Accountingequation▪5.Transactionanalysisandrecording▪6.FinancialStatement▪7.Decisionanalysis:ROE&ROA •Case:CocaCola,Pepsi&CadburySchweppes McGraw-Hill/Irwin ©TheMcGraw-HillCompanies,Inc.,2005 1.Whyaccounting?
The article deals with the problem of accounting principles and their role in the process of accounting education. The knowledge of fundamental accounting principles such as: accrual basis of accounting, matching principle, going concern concept and prudence principle is essential both...
3.会计准则通则客观性objectivityPrinciple Principles of accountinggeneral principles成本costPrinciple 持续经营going concernPrinciple 货币单位monetaryPrinciple 收入确认原则取得revenue is recognized when earned Recognition principle收入形式proceeds from selling products and services need not be in Cash 现金+实物价值Ca...
3. 会计准则 通则 客观性 objectivity Principle Principles of accounting general principles 成本 cost Principle 持续经营 going concern Principle 货币单位 monetary Principle 收入确认原则 取得 revenue is recognized when earned Recognition principle 收入形式 proceeds from selling products and ...
Chapter 1Accounting in Business 第一章商业会计 1.会计信息使用者 User of accounting information 1.外部信息使用者:External users of accounting information are not directly involved in runningthe External information userorganization. 银行Banks 储蓄贷款机构savings and loans 使用债权人消费合作社co-ops Lenders...
Objectivity Principle Accounting information is supported by independent, unbiased evidence. C 5 © The McGraw-Hill Companies, Inc., 2007 McGraw-Hill/Irwin Principles of Accounting Revenue Recognition Principle 1. Recognize revenue when it is earned. 2. Proceeds need not be in cash. 3. Measure ...
2. What is accounting Language of business Help users to make better decision Information and measurement system To identify, record, and communicate business activities Provide relevant, reliable, and comparable information 2. What is accounting 2. What is accounting Financial and Managerial accounting...
The matching (expense recognition) principle requires expenses to be reported in the same accounting period as the sales they helped produce. Materiality states that an amount can be ignored i 9、f its effect on the financial statements is unimportant to users business decisions.9 - 13ALLOWANCE ...