英文版基会计.ppt

Lesson 1Introduction To Accounting Task Team of FUNDAMENTAL ACCOUNTING Business School, Sun Yat-sen University Outline The nature of firm; The value of accounting; The Evolution of accounting; Accounting: A bird view Opening Story Everyone here is supposed to know the Outlaws of the Marsh; Question I: Who plays the role of “CFO” of the Marsh Mountain Liang? There are two; Opening Story Some other positions related to accounting; Opening Story Question II: Why does the Marsh Mountaion Liang need such positions as CFO and Chief Controller? We must know that the title of SHUIHUZHUAN is also translated as All Men are Brothers. The Value of Accounting Why does accounting exist in every organization? I explain this question in another way: what kind of unique value does accounting possess? The value must be fundamental and the society could not go without; Another way to explain: Darwinism; Natural selection and the fittest survive; The Nature of Firm Although every organization needs accounting, we just talk about enterprise accounting for simplicity; What is the nature of firm? We discuss about human nature first; The Nature of Man Ethic Man; Human Nature: Virtue vs. Evil; Confucis vs. Hsun Tzu Economic Man; There is no ethics concept in Economists’ dictionary; It is not from the benevolence of the butcher, the brewer, or the baker that expect our dinner, but from their regards their own interest. (Adam Smith); The Nature of Man We need a compound analytical tool; Maslow and the Hierarchy of Needs: the most common tool; Michael Jensen and William Meckling REMM Resourceful, Evaluator, Maximizer, Model. The Nature of Firm Classical theories; A device to capture transaction costs; A nexus of contracts; Agency theory; Economic Darwinism; ,,,, REMM perspective: A coalition of economic men; The Nature of Firm On the coalition of economic men: Why does REMM join a firm? Maximization of his own interests; When does REMM quit from a firm? Seek different chance to maximize hi