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Introduction to Financial Accounting - First US Edition

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Accounting is often called the language of business because it uses a unique vocabulary to communicate information to decision makers. In this chapter, we will discuss what financial accounting is and briefly introduce how financial information is communicated through financial statements. Then we will study how financial transactions are analyzed and reported on financial statements. Accounting is the process of identifying, measuring, recording, and communicating an organization’s economic activities to users. Users
need information for decision making. Internal users of accounting information work for the organization and are responsible for planning, organizing, and operating the entity. The area of accounting known as managerial accounting serves the decision‐making needs of internal
users.

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Detail Information

Series Title

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Call Number

657 ANN i

Publisher

: ., 2018

Collation

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Language

English

ISBN/ISSN

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Classification

657

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

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Subject(s)

Financial Accounting

Specific Detail Info

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Statement of Responsibility

David Annand

Other Information

Cataloger

maya

Source

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Other version/related

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