Cuprins
- 1. Nature and role of Accounting
- 2. Accounting as an information system
- 3. Accounting as a service function
- 4. Decision - making and planning
- 5. Financial and Management Accounting
- 6. Generally Accepted Accounting Principles (GAAP)
Extras din seminar
1. Nature and role of Accounting
People need economic information to help them taking decisions and judgements about businesses.
Managers are interested in Accounting information. Accounting information should help them with their decisions.
Accounting is concerned with the collection, analysis and communication of economic information. Accounting information is useful to those who need to make decisions and plans about business and for those who need to controle those businesses.
Managers working within a particular business are likely to be significant users of accounting information. But managers there are not the only people to use accounting information about that particular business.
The fact is that accounting exists for some particulare purposes, such as:
- to help users of accounting information make informed decisions;
- to prepare financial reports on a regular basis;
- to influence the decisions of users of the information produced.
Accounting seeks to satisfy the needs of a wide range of users. ln relation to a particular business, there may be various groups who are likely to have an interest in its financial health.
2. Accounting as an information system
Accounting is an important part of the total information system within a business. Users, both inside and outside the business, have to make decisions concerning the allocation of scarce economic resources. To try to ensure that these resources are allocated in an efficient and effective manner, users require economic information on which to base decisions. It is the role of the accounting system to provide that information.
The accounting system will involve the following procedures:
- identifying and capturing relevant economic information;
- recording the information collected in a systematic manner;
- analysing and interpreting the information collected;
- reporting the information in a manner which suits the users needs.
Preview document
Conținut arhivă zip
- Introduction to Accounting.doc
Alții au mai descărcat și
On July 21, 2002, WorldCom Group, a telecommunications company with more than $30 billion in revenues, $104 billion in assets, and 60,000...
Only in the last few decades has accounting become firmly established as an academic discipline, taught in universities and other educational...
Chapter 1: General notions and the principles of the international accountancy 1.1. The role of the financial information in the decision making...
angrenaj economico-social.Utilizarea rationala a creditului sporeste puterea productiva a capitalului si asigura un volum mare de produse.Creditul...
REPREZENTAREA CIFRICA A MISCARILOR DE VALORI CA UN BILANT MOBIL BILANT INITIAL PASIV DENUMIRE POST (CONT) SUME/RON NR DENUMIRE POST (CONT)...
Urmînd acesti pasi vom observa ca va aparea o caseta ?>ABC?;5=85 , unde înregistram OMVSD intrat .În antetul casetei tastam ?>41>@, dupa care...
EXPERTIZA CONTABILA 1. ORGANIZAREA SI DESFASURAREA ACTIVITATII CONTABILILOR AUTORIZATI SI EXPERTILOR CONTABILI Contabilul autorizat este persoana...
CAPITOLUL I FORŢA DE MUNCÃ – ASPECTE JURIDICE, CONTABILE ŞI FISCALE 1.1 Forţa de muncã – importanţa, salariul nominal, salariul real. 1.2 Rolul...
Te-ar putea interesa și
Introduction The aim of this dissertation paper is to depict and analyze the differences and similarities between the accounting treatments...
CAPITOLUL 1 Abordari în clasificarile contabile internationale si influenta lor asupra evaluarii si proiectarii strategiilor de dezvoltare...
Introduction Economics is part of our life, either we are students at the Faculty of Languages, a banker or a simple tax payer, we all deal with...
INTRODUCERE Motto: “Nu cauta sa mearga lumea dupa voia ta, ci îndreapta voia ta dupa mersul lumii. Si va iesi bine”.( Epictet) Stiinta a...
ABSTRACT Presentation of the research area: The purpose of this study is to identify the budgeting mechanism within public companies and to...
Chapter 1. Accounting Regulations and Financial Performance concepts Chapter 1 puts the emphasis on the accounting regulations, meaning the...
Depreciation is defined as recovery system input value of property, economic society. Recognizing the value of depreciation is made in two ways:...
1. Recenzia Artificial Intelligence and Soft Computing: Behavioral and Cognitive Modeling of the Human Brain, by Konar, Amit Te book was...