审计专业英语资料审专业英语资料.doc

Chapter 1 An overview of Accounting Learning 0bjectives： After learning this chapter，the students should： 1．Understand the definition of accounting． 2．Identify the qualitative characteristics of accounting information． 3．Figure 0ut the basic elements of financial statements and equations 5．Comprehend the basic accounting assumptions． 6．Understand the important accounting principles． Words: Financial accounting; Reliability; Relevance; Comparability; Consistency Timeliness; Understandability; Conservatism; Materiality;Industry practices Assets; Liabilities; Equity; Revenues; Expenses; Net income Basic Assumptions of Accounting (会计基本假设) (1) economic entity; (2) going-concern (3) periodicity; (4) monetary unit Basic Principles of Accounting (会计的一般原则) §Historical cost; §Revenue recognition; §Matching principle §Full disclosure principle; §Accrual Basis; §Revenue expenditure §Capital expenditure; Accounting Equation; Business economic activities; Certified Public Accountant Reading material: 1.1 Introduction about Accounting Accounting is an information system of interpreting，recording，measuring，classifying，summarizing，reporting and describing business economic activities with monetary unit as its main criterion．Concerning this definition，we should pay attention t0 three important points．Firstly，the accounting involves many activities：interpreting，recording，measuring，classifying，summarizing，reporting and describing．Secondly，the 0bject of accounting is business economic activities．Thirdly, the monetary unit is the main criterion used in accounting．Besides．The objective of accounting is to record and measure the business economic activities of an entity and present the financial report to users including management，creditors，and other potential investors，etc． The field of accountants’work is divided into three kinds：public accounting．accounting for private business，an