双语教学课件PPT

3. Institutional context is the environment that shapes the consequences of adopting special accounting conventions.
Why Study Accounting?learn:
1.Basic definitions of assets, liabilities, and equities
2.To analyze transactions in terms of their effects on balance sheet accounts
3.To use debits, credits, and Taccounts to analyze transactions and construct balance sheets
Accounting is the gathering and reporting of a financial history of an organization. Keeping this financial history is a continual process of capturing financial data, organizing it into a useful set of accounting records, and issuing periodic financial reports to users. We will see that accurate, up –to –date financial
Accounting Convention
Objective: Learn会to计r惯e例ad actual financial statements by looking at excerpts from the reports of real companies.
Nature of Accounting Conventions GAAP Accounting valuation
Recognition
❖ Disclosure
Factors Affecting Accounting market richness complexity of transactions form of organization
Chapter two
In
this
ch（a第pt2e章r
资产负债表概念）
Part one Fundamentals of Accounting
（第1部分 会计基础）
❖ 1. Introduction to Financial Accounting ❖ 2. Balance Sheet Concepts :Assets,
Liabilities, and Equities ❖ 3.Income Statement Concepts: Income,
Learn how accounting
information is used and why it is
important.
❖ Making Many decisions can be improved with accounting information.
❖ Accounting Is More Than Just Numbers . All users will benefit by being aware of more than just the
Revenues, and Expenses ❖ 4.Statement of Cash Flows: Operating,
Investing, and Financial Activities
Chapter one What Is Accounting? (第2章 什么是会计？ )
Objective: Learn what financial accounting is .
Economic Concepts
Objective: L经e济ar学n概a念framework for understanding accounting information.
❖ Financial Value The financial value of an item is the amount of money it would bring if sold.
❖ Wealth An organization’s wealth is the sum of the financial values of all the things it owns.
❖ Economic Income An organization’s economic income over
Framework for Understanding Accounting Information 理解会计信息的框架
Objective: Learn what economic information is conveyed in financial statements.
❖ Three things determine the information in accounting reports: economic concepts, accounting conventions, and institutional context.
1. Economic concepts are the ideas that guide the construction of accounting reports.
2. Accounting conventions are the rules and customs of accounting that help apply those economic concepts to practical situations.
4.To begin to read real company