《会计英语》全套PPT课件.pptx

CHAPTER 1The Overview of Accounting会计概述 Key words, phrases and special termsaccountant accountingaccounting acceptaccounting elementaccounting entityaccounting informationaccounting periodaccounting principleaccounting reportaccounting systemaccrual-basis accountingasset auditingbalance sheetbookkeepingbusinesscash-basis accountingCPA certified public accountantcompanyconservatismconsistencycorporationdebt double-entry accounting systemexpensefinancial accountingfinancial positionfinancial statementgoing-concern concepthistorical costinternal controlinventoryjournalliabilitymanagement accounting matching principlematerialitymeasurenet incomenet lossobjective principleoperating resultsowner’s equityprofitrevenuesolvencytransaction LEARNING OBJECTIVESwe will discuss1. What accounting is.2. The accounting concepts and principles.3. What the accounting elements are.4. What the accounting equation is.5. The effects of various transactions upon the accounting equation. 1.1 What is accounting1. What is accounting2. The role of accounting3. The division of accounting4. The difference between accounting and bookkeeping 1.What is accounting Accounting is an information system designed to record, measure, classify, summarize, report and interpret business economic activities by the monetary unit as the main criterion. The accounting information is mainly offered to investors, creditor, managers and other interested individuals or organizations of the business in order to help them make reasonable decision 2.The role of accountingIt records the financial position and operating performance in the past and current period of a business 3. The division of accounting financial accounting management accounting 4.the difference between accounting and bookkeepingbookkeeping ——the recording of transactions, only a small part of the field of accounting a process of the recording of transactions, mechanical and repetitive the accounting——i