Unit 1 Introduction to Financial Accounting Learning Outcome After reading this unit, you will be able to: • Explain succinctly financial accounting concepts • Elucidate…

1. CONTENTS  • • • • • • • • • • • • •Financial Accounting Introduction Parts of accounting Accounting cycle Objectives Role of Financial Accounting…

1. Financial management 4/28/2014 1ITFT College, Chandigarh 2. • Financial Management means the efficient and effective management of money (funds) in such a manner as…

Financial Accounting Scope, Importance of GAAP, Concepts & Conventions Introduction to Financial Accounting Financial accounting is the field of accountancy concerned…

Definition of Internal Auditing � Internal auditing is an independent, objective assurance and consulting activity designed to add value And improve an organization’s…

1 Accounting Fundamentals Midterm Exam Accounting Fundamentals Midterm Exam Problem #1 (10 points) Chapter 1 A parcel of land that was originally purchased for $170,000 is…

1. Copyright © 2014 SolutionsIQ, Inc. All rights reserved. Fear and Loathing in Agility: Long Live the Accounting Department Pat Reed & Laszlo Szalvay 21 March 2014…

Slide 11 CHAPTER 3 The Measurement Framework and Mechanics of Financial Accounting Slide 2 2 Part 1: Measurement Framework for the Financial Statements Slide 3 3 Basic Assumptions…

Slide 1 1 © Copyrright Doug Hillman 1997 Accounting Information System Slide 2 2 © Copyrright Doug Hillman 1997 Major Accounting Bodies l American Institute of Certified…

Slide 1 Month & Year-End Processing Slideshow 9 Slide 2 What is month-end/year-end processing? 3 Why do you need to make adjustments at period-end? 4 Adjustments at Period-End…