An Introduction to Financial Accounting

by Andrew Thomas

Publisher: McGraw Hill Higher Education

Written in English
Cover of: An Introduction to Financial Accounting | Andrew Thomas
Published: Pages: 576 Downloads: 588
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  • Accounting,
  • Business/Economics
The Physical Object
Number of Pages576
ID Numbers
Open LibraryOL9263587M
ISBN 100077108086
ISBN 109780077108083

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Introduction to Accounting It is the system of recording, summarizing, and analyzing an economic entity's financial transactions. Effectively communicating this . Rules of Double Entry Accounting System Introduction Accounting is a business language. We can use this language to communicate financial transactions and their results. Accounting is a comprehensive system to collect, analyze, and communicate financial information. The origin of accounting is as old as Size: KB.   Table of Contents CHAPTER 1 Introduction to Financial Accounting 1 CHAPTER 2 The Accounting Process 15 CHAPTER 3 Financial Accounting and the Operating Cycle 61 CHAPTER 4 Accounting for the Sale of Goods 89 CHAPTER 5 Assigning Costs to Merchandise CHAPTER 6 Cash and Receivables CHAPTER 7 The Communication of Accounting . Bookkeeping (and accounting) involves the recording of a company's financial transactions. The transactions will have to be identified, approved, sorted and stored in a manner so they can be retrieved and presented in the company's financial statements and other reports. Here are a few examples of some of a company's financial transactions.

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Basic Introduction to Accounting is about the purpose of accounting is to provide a means of recording, reporting, summarizing, and interpreting economic data. In order to do this, an accounting system must be designed. Introduction to Financial Accounting describes the most widely accepted accounting theory and practice with an emphasis on using and analyzing the information in financial statements.

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Chandra Shekhar Lesson: 1 Vetter: INTRODUCTION TO ACCOUNTING STRUCTURE Objectives Introduction Development of accounting discipline An accountant ˇs job profile: functions of accounting Utility of accounting Types of accounting Financial accounting.

Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. Due to the comprehensive nature of the material, we are offering the book in two volumes.

This book is specifically designed to appeal to both accounting and non-accounting majors, 5/5(3). Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. Topics covered includes: Principles of accounting, Introduction to accountancy, The Accounting Equation, Double entry, Debtors, Creditors, Prepayments, Accruals and Depreciation.

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Introduction to Financial Accounting, the Financial Statements, and the Balance Sheet During this first week, we’ll learn about the context for financial accounting, including the informational role it plays for both internal and external audiences.

Accountancy by The Open University of Hong Kong. This book covers the following topics: Financial Accounting, Management Accounting, Introduction to Accountancy, Principles of accounting, Separate Entity Concept, Financial Statements, 3 The Accounting Equation, Double Entry, Accounting Standards, Assets, Liabilities, Cash, Investments.

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Read about bookkeeping, accounting principles, financial statements, with 66 pages of lessons and tutorials. From general transaction recording conventions to the full accounting cycle and finally to important accounts, the book. Introduction To Financial Accounting book.

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