实用会计英语资料.pptVIP

Unit 1 General Introduction to Accounting;Study Objective ;Do you know why does the accountant know the exact number of the sheep? How does the shepherd know the accountant’s job? What is accounting?;§1.1 Origin and Development of Accounting ;Accounting is a basic and vital element in every modern business. Accounting links decision makers with economic activities and (with) the results of their decisions. ;4000 B.C.;Luca Pacioli published first textbook describing a comprehensive double-entry bookkeeping system.;The first known English book on the science of accounting was published .;A book complete treatise on accounting science was published, named The Merchants Mirror.;The specialized field of cost accounting emerged to meet the need for the analysis of various costs and for recording techniques.;Accounting is in an age of rapid transition.;;Owned by one person Simple to establish Owner controlled Tax advantages;Owned by more than one person Simple to establish Shared control Broader skills and resources Tax advantages;Limited Liability Partnership Enterprises;Organized as a separate legal entity and owned by stockholders Easy to transfer ownership Easier to raise funds No personal liability; § 1.3 Accounting Assumptions;Accounting Entity Assumption ;Going Concern Assumption ;Money Measurement Assumption ;Accounting Period Assumption ;Quality Requirements of Accounting Information;Quality Requirements of Accounting Information;Accounting is basic and vital in modern business. The bookkeeping method is used to make financial record of business transactions and prepare statements concerning assets, liabilities and operating results of a business.;Unit 2 Accounting Equation  and Double-entry;Study Objective ; Why does the accountant mark the drawers with DEBIT and CREDIT? What is the meaning of that? ; ;What is Chart of Account Title ? ;Chart of Account Title;What is an Account ?;Three parts : 1) the Title of the account