会计专业英语 工业和信息化高职高专“十二五”规划教材立项项目 作者 孙晓媛 2.pptVIP

Accounting English Accounting English Lesson tow Contents（2） Terms --Accounting Basis Summarized briefly(小结) Accounting assumption Accounting entity Going concern Accounting period Money measurement Accruals basis of accounting Summarized briefly(小结) Accounting principle Reliability Relevance Understandability Comparability Objectives Summarized briefly(小结) Accounting principle Substance over form Materiality Prudence Timeliness Historical cost * * Accounting English Sunxiaoyuan E-mail: sunjimingyeye@163.com 8111326 在线教务辅导网： 教材其余课件及动画素材请查阅在线教务辅导网 QQ:349134187 或者直接输入下面地址： Lesson one Lesson Tow Learning objectives 1．Explain what accounting is 2．The nature and function of accounting 3．The division of accounting 4．Accounting ethics Lesson tow Accounting assumption Words and Phrases Lesson tow Accounting principle Desirable qualities of accounting information Reliability Relevance Understandability Comparability Objectives Substance over form Materiality Prudence Timeliness Historical cost Lesson tow Accounting principle The Monetary Convention Accountants do not record all the activities of economic entities. They record only those that can be measured in monetary terms. For example, enterprise culture can not be measured directly in monetary terms and is not reported in the financial statements. 1 accrual basis accounting 2 cash basis accounting Terms --Accounting Basis Text Accounting system Accrual basis Cash basis Text Revenues are recognized when cash is collected; Expenses are recognized when cash is paid for the goods and services. Revenues are recognized when earned; Expenses are recognized when goods and services are used. Lesson tow Accounting principle Accrual Basis of Accounting The Cash Basis of Accounting The Accrual Basis of Accounting Lesson tow Accounting principle The Cash Basis of Accounting Cash basis of accounting, requires that sales are recorded whenever cash is received. Similarly, costs are subtr