Financial accounting provides information to decision makers who are external to the business.
Examples include present and future shareholders, present and future creditors, and government regulators.
Managerial accounting provides information to decision makers who are internal to the business.
This information is not published to people outside of the business
Mời các bạn cùng tham khảo tài liệu Ebook 450 word pocket dictionary of financial accounting. Cuốn ebook là tập hợp của những chủ đề chính trong ngành kế toán kiểm toán. Hy vọng rằng cuốn ebook có thể là bước đệm đầu tiên, giúp các bạn dễ dàng tiếp cận hơn với ngành kế toán kiểm toán.
Invite you to consult the document content paper F3 "Financial accounting - Revision kit 2016" below for additional learning materials and research. With you in Accounting - Audit, this is useful references.
To help reinforce the knowledge you have learned and become familiar with exam format in English, you are invited to refer to paper F3 "Financial accounting - Study text 2016" below. Hopefully content helps document you achieve good results in exams soon.
Chapter 1 - A framework for financial accounting. After completing this chapter, students will be able to: Describe the two primary functions of financial accounting, understand the business activities that financial accounting measures, determine how financial accounting information is communicated through financial statements, describe the role that financial accounting plays in the decision-making process.
Lecture Financial accounting - Appendix 3A: An alternative method of recording deferrals, this chapter prepare adjusting entries for prepaid expenses originally recorded in an expense account, prepare adjusting entries for unearned revenues originally recorded in a revenue account.
Chapter 1 - Introduction to accounting, financial statements introduced. Accounting is often called the language of business because it uses a unique vocabulary to communicate information to decision makers. In this chapter, we will discuss what financial accounting is and briefly introduce how financial information is communicated through financial statements. Then we will study how financial transactions are analyzed and reported on financial statements.
Lecture Principles of financial accounting (2/e) - Chapter 7: Accounting information systems. After completing this chapter you should be able to: Identify the principles and components of accounting information systems, explain the goals and uses of special journals, describe the use of controlling accounts and subsidiary ledgers.
Lecture Financial accounting - Appendix 5A: Periodic inventory system include objectives: Record purchase and sales transactions under the periodic inventory system, rrepare adjusting and closing entries under the periodic inventory system.
After studying this chapter you will be able to: Explain the role of accounting information, identify the users of accounting information, distinguish between financial accounting and management accounting, explain the role of the regulatory bodies in developing generally accepted accounting principles, explain five of the general principles that underlie accounting standards,...
Lecture Principles of financial accounting (2/e) - Chapter 6: Inventories and cost of sales. After completing this chapter you should be able to: Identify the items making up merchandise inventory, identify the costs of merchandise inventory.
Lecture Principles of financial accounting (2/e) - Chapter 11: Current liabilities. After completing this chapter you should be able to: Describe current and long-term liabilities and their characteristics, identify and describe known current liabilities, explain how to account for contingent liabilities.
Chapter 1: Introducing financial accounting. The goals of this chapter are: Explain the purpose and importance of accounting; identify users and uses of, and opportunities in, accounting; explain why ethics are crucial to accounting; explain generally accepted accounting principles and define and apply several accounting principles; define and interpret the accounting equation and each of its components.
After completing this chapter, students will be able to: Discuss accounting as the language of business and the role of accounting information in making economic decisions, discuss the significance of accounting systems in generating reliable accounting information and understand the five components of internal control, explain the importance of financial accounting information for external parties - primarily investors and creditors - in terms of the objectives and the characteristics of that information,...
(BQ) Part 1 book "Accountants handbook (Volume one: Eleventh edition financial accounting and general topics)" has contents: Financial accounting regulations and organizations, financial accounting regulations and organizations, introduction to internal control assessment and reporting, earnings management,...and other contents.
(BQ) Part 1 book "Accounting principles: A business perspective (volume 1: Financial accounting)" has contents: Accounting and its use in business decisions, recording business transactions, adjustments for financial reporting, completing the accounting cycle,...and other contents.
(BQ) Part 2 book "Accounting principles: A business perspective (volume 1: Financial accounting)" has contents: Property, plant, and equipment, stock investments, analysis using the statement of cash flows, analysis and interpretation of financial statements, managerial accounting concepts/job costing,...and other contents.
(BQ) Part 1 book "Accounts demystified how to understand financial accounting and analysis" has contents: The balance sheet and the fundamental principle, creating a balance sheet, the profit & loss account and cash flow statement; book-keeping jargon, wingate’s annual report,...and other contents.
(BQ) Part 2 book "Accounts demystified how to understand financial accounting and analysis" has contents: Further features of company accounts; financial analysis – introduction, analysis of the enterprise; analysis of the funding structure; valuation of companies;...and other contents.
(BQ) Part 1 book "Advanced financial accounting" has contents: The search for principles; sources of authority - the rise of international standards; financial instruments; substance over form and leases; pension costs, reporting financial performance,...and other contents.