会计学原理英文ppt课件Chapter01ACCOUNTINGINBUSINESS.ppt

ACCOUNTING IN BUSINESS,Chapter 1,钎蛮掐璃唬争蔽凿挠愧丢录崇锐拄跳帛肋扎谦才悍孺画毒枫盎姿钳翼矩磁会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,IdentifyingSelect transactions and events,RecordingInput,measure and classify,CommunicatingPrepare,analyze and interpret,IMPORTANCE OF ACCOUNTING,Accounting,C1,肌吁哺姓站贞卸肆孪塑恕躁儿崇撮臀后召移馋能吴酱事滦倔游叹畅同鼎虏会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,USERS OF ACCOUNTING INFORMATION,External Users,LendersShareholdersGovernments,Consumer GroupsExternal AuditorsCustomers,Internal Users,ManagersOfficers/DirectorsInternal Auditors,Sales StaffBudget OfficersControllers,C2,翘涅哗莽狸郸苟聋讳回礼顷汾拈竖褪蹲大虽材凹芦据豺设阉悟武渝吾倾刻会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,USERS OF ACCOUNTING INFORMATION,External Users,Financial accounting provides external users with financial statements.,Internal Users,Managerial accounting provides information needs for internal decision makers.,C2,贬愚粗恢述片刻劣呸钓醇式信苞帜暇印尺吻通煤像晦角坏跌窍界白义瓶燃会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,OPPORTUNITIES IN ACCOUNTING,FinancialPreparationAnalysisAuditingRegulatoryConsultingPlanningCriminal investigation,ManagerialGeneral accounting Cost accountingBudgetingInternal auditingConsultingControllerTreasurerStrategy,TaxationPreparationPlanningRegulatoryInvestigationsConsultingEnforcementLegal servicesEstate plans,Accounting-related,LendersConsultantsAnalystsTradersDirectorsUnderwritersPlannersAppraisers,FBI investigatorsMarket researchersSystems designersMerger servicesBusiness valuationHuman servicesLitigation supportEntrepreneurs,C3,垂古块檄豫榴捻隘藏舒跪推士时疲陌市亭六耙痢庇参钩氢庶鼠哺蓬苔蹿企会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,ACCOUNTING JOBS BY AREA,C3,藕浮颤同骗欢巡奖乘球居瞄料馁跟李怜半环第钟恳穷懒迷综扳宁紊谱卢咱会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Beliefs that distinguish right from wrong,Accepted standards of good and bad behavior,ETHICS-A KEY CONCEPT,C4,涛厢吩羽烬灶迭粉帛催足乡散瘪嗽叼申歇辨儿虱饯镶鸯锅慕胺甥耍卑磨堕会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Identify ethical concerns,Analyze options,Make ethical decision,Use personal ethics to recognize ethical concern.,Consider all good and bad consequences.,Choose best option after weighing all consequences.,ETHICS-A KEY CONCEPT,C4,薛访订抢装梆篱柱抖如拆雅叼愧恕临终锋梦莎景硷鸽砌勃缀燎烃胳妇手绳会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Financial accounting practice is governed by concepts and rules known as generally accepted accounting principles(GAAP).,GENERALLY ACCEPTED ACCOUNTING PRINCIPLES,Relevant Information,Affects the decision of its users.,Reliable Information,Is trusted by users.,Comparable Information,Is helpful in contrasting organizations.,C5,吻荫频玲翘吏拧读恍肇碍吨巡拟豪藐木稠这金示厅纂碌审鞍颧鬃菇芭嚏栏会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The Securities and Exchange Commission is the government group that establishes reporting requirements for companies that issue stock to the public.,SETTING ACCOUNTING PRINCIPLES,Financial Accounting Standards Board is the private group that sets both broad and specific principles.,The International Accounting Standards Board(IASB)issues International Financial Reporting Standards that identify preferred accounting practices to create harmony among accounting practices of different countries.,C5,棕镜章镭订葬莱啤碳才伎端教欺塌钓蕴茁赂换氯紫到筏汀嗜耍辙瞒犹想源会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,PRINCIPLES AND ASSUMPTIONS OF ACCOUNTING,Cost PrincipleAccounting information is based on actual cost.Actual cost is considered objective.,Matching PrincipleA company must record its expenses incurred to generate the revenue reported.,Full Disclosure PrincipleA company is required to report the details behind financial statements that would impact users decisions.,C5,帧消覆磐瓣蒸驾迹河余诲跪帕沼撅眠年骗亩言鲁丽触巾锐犯臃远霄榴骸潮会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,PRINCIPLES AND ASSUMPTIONS OF ACCOUNTING,C5,还坑脖膜肆釜伎挝矮孕煞位伊节宵凰撤瑞孰褪警圃绊蕴耳耶池钮锚输氧逛会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,FORMS OF BUSINESS ENTITIES,Sole Proprietorship,Partnership,Corporation,茶哀眺械疚迪说害留嘛诞拘讨局担忍责酶像味弟腺沥竞掩基燎区佬经品忱会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,*Proprietorships and partnerships that are set up as LLCs provide limited liability.,CHARACTERISTICS OF BUSINESSES,俞秋汀褐档讼捐侧辅脱瓦毕赫壹泌术攀丸乱棚戒械酞戚拎瘴闹却湿遣尔惨会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Owners of a corporation are called shareholders(or stockholders).Shareholders are not personally liable for corporate acts.When a corporation issues only one class of stock,wecall it common stock(or capital stock).,CORPORATION,齐睁苯高鹏盯翼委撞翌瞬奎蜒陈樟四珊束掇拳潞哲控金忌氟锤衙傈惭蛤坛会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,SARBANES-OXLEY(SOX),Congress passed the Sarbanes-Oxley Act to help curb financial abuses at companies that issue their stock to the public.Management must issue a report stating that internal control are effective.Auditors must verify the effectiveness of internal controls.,鸽矩碉袄卿厩鸿歉陡毖跺浩良挪谦兆佩临圭宋礼酒邮摧宽禁汛蓖披恶碱瓮会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS AND THE ACCOUNTING EQUATION,Assets,=,Liabilities,+,Equity,Accounting Equation,A1,详乙烬比圃臣抉凝肤翔吸土塌补丘顿歹泉秦记削兰寸脆卤嗜褒填币涯蚤雁会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Land,Equipment,Buildings,Cash,Vehicles,Store Supplies,Notes Receivable,Accounts Receivable,Resources owned or controlled by a company,ASSETS,A1,疚诽谷蕾婆嘴剖郭雅腥风乾冯拨硒芒斥折戚沥围臆榜嘿货乓智袍鸳核韭衍会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Taxes Payable,Wages Payable,Notes Payable,Accounts Payable,LIABILITIES,Creditors claims on assets,A1,欲悟内境珠色扎戳潘务傈侧督绦魁是傅庭撑翅睦瞥吻铁著憎驱锅渊舜域旋会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Equal toAssets MinusLiabilities(Net Assets),EQUITY,Owners Claims on Assets,A,撤俞甫巩鲸涧礼澡氰潘茶蟹阻耽梭限淖骋模汪髓蒲砂摩而痊矫岳擂糖斩峦会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,EXPANDED ACCOUNTING EQUATION,A1,会祁闻拐鞭谓肪琼花诣哼籍疏瘩伎炙绩果肉婚甩脆勤氮蝉叼锯岗厩二慌广会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS EQUATION,The accounting equation MUST remain in balance after each transaction.,A2,丝撰耻坟烯炒戚纽娶先番驰亿谴沤眉衅坠娶吧逃不取变要竟琼恼好和炳参会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,The accounts involved are:(1)Cash(asset)(2)Owner Capital(equity),Chuck Taylor invests$30,000 cash to start a consulting business.,A2,汝勘屎临奥梯搽榜企缴斩刷由案斡裤弥祟审操书悍瞅盟九辕售颇趁欢贡烟会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,Chuck Taylor invests$30,000 cash to start a consulting business.,A2,帧断幢贯墟委炙寓罩幽确豺敖凸秋较针哗烃讲抖谨仪垒禄会凰彦旨庙咙除会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The accounts involved are:(1)Cash(asset)(2)Supplies(asset),TRANSACTION ANALYSIS,Purchased supplies paying$2,500 cash.,A2,亢赴凤践广古迎百营薪胚赶衷等囊捅德咆贩论桌磷杆秧后粤峨龄蹭杠唆楞会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,Purchased supplies paying$2,500 cash.,A2,芝涸巧肋刹匠港盒叹递绕袄皂奈帮诈真缺坊葛赂厅赂氖龄阅完痴摈申憎伸会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The accounts involved are:(1)Cash(asset)(2)Equipment(asset),TRANSACTION ANALYSIS,Purchased equipment for$26,000 cash.,A2,憾和砖忌辰睹摔肄绩苯哉警骚祷缮赵撒谭祝谅劳荷儒隐饼嘛永鱼耀养眨线会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,Purchased equipment for$26,000 cash.,A2,寇侮架驶舍铀圾器矾惯知屎薄爵费琅粟颤吱嗜疾赋辽六砌碗犀袒窒尉宏倡会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The accounts involved are:(1)Supplies(asset)(2)Accounts Payable(liability),TRANSACTION ANALYSIS,Purchased Supplies of$7,100 and on account.,A2,谎芜易宅庙介犹沿侨郊羡钦蚤拔济涤穿憎疏颤众键哮啃拾宛岭睫猿为翘犀会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,Purchased Supplies of$7,100 and on account.,A2,薯熟碰灶铰奖架宵肯携山尘魏巴作肯胁畸贺昼滚末炉交离台奢妹塘被运忻会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The accounts involved are:(1)Cash(asset)(2)Revenues(equity),TRANSACTION ANALYSIS,Provided consulting services receiving$4,200 cash.,A2,诸经巾天脓藻晓掩珍泊壕寻锁棍漆译抄递洗重初抛丸清娜奖口摧撞疗脐厚会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,TRANSACTION ANALYSIS,Provided consulting services receiving$4,200 cash.,A2,脯赊掖绣瓮疵虾柳窖拉洁客毕寿卧敖舍沮戴医熔厉缅毅涡播粳脑瘫让诺值会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,FINANCIAL STATEMENTS,Lets prepare the Financial Statements reflecting the transactions we have recorded.,Income StatementStatement of Owners EquityBalance SheetStatement of Cash Flows,P1,马泰灶猩诗配何谆生押命找奉愈夹闻食锣瓣续塑扛请环肪拓踞涛页渊振疮会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,Net income is the difference between Revenues and Expenses.,The income statement describes a companys revenues and expenses along with the resulting net income or loss over a period of time due to earnings activities.,INCOME STATEMENT,P1,井钵敖火钓乞柒漳泡锡伟包慢蓄义帮姆铀痛刽濒绿瘩员阂呕钞坎胆牵奶灼会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The net income of$4,400 increases Owners Equity by$4,400.,STATEMENT OF OWNERS EQUITY,P1,藻究形衫荔煮淘亿耻屏蜂兔毅歼却恐预婆米鹃哟业沸秘庚阵榆共座陋饵檀会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,The Balance Sheet describes a companys financial position at a point in time.,BALANCE SHEET,P1,门纵资聪弘曼岩堵瑰鳞貉屎心老春洒眠挽澎如宜全饭剿勋沂弄拯蹄于槽魁会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,STATEMENT OF CASH FLOWS,P1,酚帽厦焉瘁戊诱秤冰省蜡颗嚏稠轧烁耻赞习侍皇拣江朝衫乾漳扦旦楼虎沫会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,1A-RETURN AND RISK ANALYSIS,Return on assets(ROA)is stated in ratio form as income divided by assets invested.,Risk is the uncertainty about the return we will earn.,Return on Assets30 Year Bonds,A3,A4,靶凸扇悟坏厅延藏锁坟勒汇搀尼腾泛詹扬理拇卿焰授纲彬玖痒淌福搁鸳多会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,1B-BUSINESS ACTIVITIES AND THE ACCOUNTING EQUATION,There are three major types of activities in any organization:Financing Activities Provide the means organizations use to pay for resources such as land,buildings,and equipment to carry out plans.Investing Activities-Are the acquiring and disposing of resources(assets)that an organization uses to acquire and sell its products or services.Operating Activities Involve using resources to research,develop,and purchase,produce,distribute,and market products and services.,C6,笔陛说否傈扳椭彼术曙诡痢虑饶孺谎漂硕普皂搜振裕梯卒场揽链祝芳庆亨会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,END OF CHAPTER 1,氏抵翌荧纂靛幼呈它鲤苫炊滔褂扣隔汗啡赢席育白枫记真芹科迸况衙抢兔会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS会计学原理英文ppt课件Chapter_01ACCOUNTING IN BUSINESS,