Questions sur le livre "Financial Accounting"
Select the folders to/from which you want to add/remove "Comptabilité 1ere année"
What is accounting?
It's an information system that identifies, records and communicates the economic events of an organization to interested users
What is meant by analysis and interpretation?
Explaining the uses, meaning and limitations of reported data
Who uses accounting information?
Internal and external users
Identify specific internal and external users?
Internal: marketing managers, production supervisors, finance directors and company officers
External: investors, creditors, taxing authorities, regulatory agencies, customers, labor unions and economic planners
To whom are the origins of accounting generally attributed?
"Summa de Arithmetica Geometrica, Proportione et Proportionalite"
Difference between bookkeeping and accounting?
-Bookkeeping only involves recording economic events
-Accounting: identifying, recording and communicating
How can you use accounting knowledge?
We can use it in general management, marketing, finance, real estate
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