会计基础双语教程(53页).pptVIP

What is Accounting? 会计是对经济活动进行确认、记录、传递相关的、可靠的、可比较的会计信息，为使用者制定决策服务的信息系统。 Accounting is a system that Identifies Records Communicates information that is Relevant Reliable Comparable to help users make better decisions. Focus of Accounting Identifying Business transactions Recording business transactions Reporting and Analyzing business transactions Users making decisions Users of Accounting Information Internal Users External Users Managers Shareholders Officers Lenders Internal Auditors Customers Users of Accounting Information Internal users –are the individuals involved in managing and operating the company. To make a decision, key questions need to be answered. Managers: How to reinforce internal control? How to make the plan for next period? ... Users of Accounting Information Internal Reporting Managerial accounting-aimed at serving the decision-making needs of internal users, to help internal users improve the efficiency and effectiveness of an organization in delivering products or services by providing special purpose reports. Users of Accounting Information External users - are not directly involved in running the business. Shareholders: Should I invest money to the company or not? Lenders: Should I lend money to the company or not? Suppliers: Should I sell goods to the company on credit? Users of Accounting Information External Reporting Financial Accounting-aimed at servicing external users.Its primary objective is to provide external reports called financial statements to help users analyse an organization’s activities. Class-exercise Identify the users of TLC Daycare’s accounting information as internal(I) or external(E). Bank manager Shareholders Toy supplier Government agency Customers Assignment 1. What is the major objective of accounting? 2. Collect information about ethics and social resp