会计专业英语公司理财Chapter01_rev.xlsVIP

Case1.6 Case1.5 Case1.4 Case1.3 Case1.2 Case1.1 E1.16 E1.13,14,15 E1.11,12 E1.7,8,910 E1.5,6 E1.3,4 E1.1,2 BE1.8,9,10 BE1.1,2,3,4,5,6,7 Q31-39 Q23-30 Q17-22 Q9-16 Q1-8 Desc. of Cases Overview Although there are many potential answers to this question, examples of accounting-related skills useful to many people in their personal lives are: (1) personal budgeting, (2) retirement and college planning, (3) lease vs. buy decisions, (4) evaluating loan terms, and (5) evaluating investment opportunities. Financial and management accounting Management accounting information Purpose of an audit Audits of financial statements Ethics and professional judgment Careers in accounting 1, 3, 5 Due to the introductory nature of this chapter and the conceptual nature of its contents, no items labeled Problems are included. In all future chapters you will find a series of Problems that generally include computations, are more complex, and generally require more time to complete than Exercises. Objectives of financial accounting Accounting systems 1, 3, 7 6, 7 Reliability of Financial Statements Objectives of Financial Accounting Characteristics of accounting and accounting information (e.g., useful for decision making, language of business) are used to explain the importance of accounting information. Accounting Systems Critical Thinking Cases The purpose and functions of accounting systems are covered, as well as the definition of what an accounting system is and who is responsible for designing and implementing accounting systems. Students are placed in the position of a new employee who is faced with the challenge of becoming familiar with an appropriate code of ethics and must think through how that code might influence his/her behavior on the job. Students are asked to identify the objectives of financial reporting and apply the AICPA Code of Professional Conduct to a case. Accessing Information on the Internet Students are introduced to learning on the Internet by accessing the