4 Pages

Accounting Notes For Chapter 1 (Trotman)

ACCT1501 - Accounting and Financial Management 1A

User Description:

Accounting Notes For Chapter 1 (Trotman)

This student studied:

1 Ex Credit


Sample Text:
2 Financial accounting Measures an enterprise's performance over time and its position/status at a point in time Financial statements summarise the measurements of financial performance and position Statements report on the economic and financial matters; largely for the use of people outside the enterprise Financial performance generating new resources from day-to-day operations over a period of time Financial position enterprise's set of financial resources and obligations at a point in time Financial statements reports describing financial performance and position Notes part of the statements, adding explanations to the numbers 1.3 The social setting of financial accounting Financial accounting: Helps stock market investors decide whether to buy, sell or hold shares of comp...
Topics this document covers:
Finance Law Labor Business Accountancy Generally Accepted Accounting Principles Expense Management accounting International Financial Reporting Standards Financial statements Financial accountancy Accrual Accounting systems Comparison of Cash Method and Accrual Method of accounting

Similar Documents to Accounting Notes For Chapter 1 (Trotman)

BUSS1030 Concise Notes

This student studied:
University of Sydney - BUSS1030 - Accounting, Business and Society

Notes for the unit BUSS1030 at The University of Sydney. Good concise notes for revision.

5 Ex Credits

View Details

Accounting A First Half of Semester Notes

This student studied:
University of Technology Sydney - 22107 - Accounting for Business Decision A

Summarised notes from Lectures, Tutorials and Textbook. Received 99 for this subject

1 Ex Credit

View Details

High Distinction Accounting Notes

This student studied:
University of Technology Sydney - 22107 - Accounting for Business Decision A

The notes are mostly from textbook and lecture notes very detailed complete notes from the first lecture up until the end - Internal control

5 Ex Credits

View Details

Acct 3563 Assignment

This student studied:
University of New South Wales - ACCT3563 - Issues in Financial Reporting and Financial Analysis

2016 s1 The purpose of this report is to assess whether companies in Australia and Germany are impacted in their compliance with IAS 37 as well as IAS 19 by country-level and firm-level difference. This report consists of a general picture for each class of provision in the chosen companies, assessing the companies’ level of compliance with IAS 37 and analyzing impact of country level and firm level cultural difference. In the end, the report provides a strategy that is instrumental to users in evaluating the financial report prepared under IFRS by different countries.

2 Ex Credits

View Details