会计假设 会计英语 Accounting assumption.pptVIP

Accounting assumption 1. Accounting entity each entity should be accounted for separately 2. Accounting Period Accounting reports relate to specific periods——typically one year. 3. Going Concern In the absence of evidence to the contrary, a business is assumed to have an indefinite life. 4. Measuring Unit The unit of measure in accounting is the base money unit of the most relevant currency. * As we all know,?the?accounting assumptions?include four elements:?the accounting entity assumption,?going concern assumption,?the?accounting?period assumption,?and measured using the currency?assumptions.?These assumptions?put forward, there is some?necessity.?Accounting?to achieve its objectives, due to?the?external constraints?of the?accounting information?system?is?extremely complex?and the lack of?stability?undernormal?operating conditions?and external environment,?in?order?to?ensure?that?theaccounting?goals, we must?make a reasonable judgment?and?request.?Therefore, the emergence?of the four?accounting?principles. The most fundamental concept in accounting is the entity. An accounting entity is an economic unit with identifiable boundaries for which accountants accumulate and report financial information. Before accountants can analyze and report activities, they must identify the particular entity (and its boundaries) for which they are accounting. Every financial report specifies the entity in its heading. Each proprietorship , partnership, and corporation is a separate entity, and separate accounting records should be kept for each unit. In accumulating financial information, we must separate the activities of an accounting entity from the other economic and personal activities of its owners. For example, Matt and Lisa Cook own the Good Cook Inn restaurant as partners. The Good Cook Inn partnership is an accounting entity. Matt Cook is also an attorney whose activities constitute a proprietorship. Therefore , he keeps a set of accounting records for his lega