Lesson 2_Accounting_Elements_and_Accounting_Equation课件.ppt

An English Textbook for Accountants Some fundamental principles of the GAAP: Historical Cost Objectivity Revenue Recognition Principle Matching Principle 　　 The basic assumptions of accounting: Going Concern Assumption Monetary Unit Assumption Economic Entity Assumption Accounting Period Assumption Some people were supposed to walk into your life, teach you a lesson, and then walk away. --很多人闯进你的生活，只是为了给你上一课，然后转身离开。 Friend is someone who can see the truth and pain in you even when you are fooling everyone else. ------ 真正的朋友就是，当你蒙蔽了所有人的眼睛，也能看穿你真实的样子和心底的痛楚。 If you want something youve never had, then youve got to do something youve never done. — 如果你想拥有你从未有过的东西，那么你必须去做你从未做过的事情。 The first step towards getting somewhere is to decide that you are not going to stay where you are. 迈向任何地方的第一步，就是要决定你不再原地踏步。 Everything will be okay in the end. If it‘s not okay, it’s not the end. 每件事最后都会是好事。如果不是好事， 说明还没到最后。 Generally Accepted Accounting Principles 公认会计原则 Generally accepted accounting principles （GAAP）are a set of standards that recommend how to report economic events. These standards are generally accepted and universally practised, developed over time and closely related to tradition, experience and user needs. Lesson Two Accounting Elements and Accounting Equation Learning objectives: 1. Define the accounting elements. 2. Use the accounting equation to analyze business transactions New words asset 资产asset depreciation 资产折旧asset-liability view 资产—负债观念asset retirement 资产退役,资产报废asset revaluation 资产重估价asset stripping 资产剥离 asset turnover 资产周转率 Administrative staff 行政管理人员 Current account 活期存款账户 Current asset 流动资产 Current asset turnover 流动资产周转率 Current liabilities 流动负债 current ratio 流动比率 Accounting elements 会计要素，即财务报表要素：Assets(资产)、Liabilities(负债)、Owner’s Equity(所有者权益)、Revenue(收入)、Expenses(费用)和Net Earnings(利润)。六要素是根据国际会计准则委员会（International Accounting Standard Committee,缩写IASC）的划分。 Assets Assets are the economic r