国际大学金融课程.pptVIP

Accounting In Action Study Objectives Explain what accounting is. Identify the users and uses of accounting. Understand why ethics is a fundamental business concept. Explain generally accepted accounting principles and the cost principle. Explain the monetary unit assumption and the economic entity assumption. State the accounting equation, and define assets, liabilities, and stockholders’ equity. Analyze the effects of business transactions on the accounting equation. Understand the four financial statements and how they are prepared. What is Accounting? What is Accounting? Who Uses Accountin