logging in or signing up introduction to accounting jitendra1_smit Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 677 Category: Education License: All Rights Reserved Like it (1) Dislike it (0) Added: August 17, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: saj1975 (27 month(s) ago) really nice please provide acess for download Saving..... Post Reply Close Saving..... Edit Comment Close By: baseer444 (30 month(s) ago) nice presentation, so can i download it pls. Saving..... Post Reply Close Saving..... Edit Comment Close By: Bachchuo2500 (33 month(s) ago) Hi its a good one.....can I have the privelege of downloading it Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Financial & Managerial Accounting : Financial & Managerial Accounting The Basis for Business Decisions Slide 2: ACCOUNTING:Information for Decision Making Chapter1 Slide 3: Accounting information The accounting process Decision makers Economic activities Actions (decisions) Accounting “links” decision makers with economic activities ¾ and with the results of their decisions. Types of Accounting Information : Types of Accounting Information Financial Managerial Tax Slide 5: Information Users Investors Creditors Managers Owners Customers Employees Regulatory agencies -SEC -IRS -EPA Decision Support CVP analysis Performance evaluation Incremental analysis Budgeting Capital allocation Earnings per share Ratio analysis Information System Basic Functions of an Accounting System : Basic Functions of an Accounting System Interpret and record business transactions. Basic Functions of an Accounting System : Basic Functions of an Accounting System Interpret and record business transactions. Objectives of External Financial Reporting : Objectives of External Financial Reporting The primary external users of financial information are investors and creditors. Slide 9: Objectives of Financial Reporting Objectives of External Financial Reporting : Objectives of External Financial Reporting The primary financial statements. Slide 11: Financial Reporting Financial Reporting Financial Statements Financial Statements: A Lens to View Business Characteristics of Externally Reported Information : Characteristics of Externally Reported Information A Means to an End Broader than Financial Statements Historical in Nature Results from Inexact and Approximate Measures Based on General Purpose Assumption Usefulness Enhanced via Explanation Internal Users of Accounting Information : Internal Users of Accounting Information Board of Directors Chief Executive Officer Chief Financial Officer Vice Presidents Business Unit Managers Plant Managers Store Managers Line Supervisors Slide 15: Information about decision-making authority, for decision-making support, and for evaluating and rewarding decision-making performance. Information useful in assessing both the past performance and future directions of the enterprise and information from external and internal sources. Information useful to help the enterprise achieve its goal, objectives and mission. Objectives of Managerial Reporting Characteristics of Management Accounting Information : Characteristics of Management Accounting Information Timeliness Identify Decision-Making Authority Oriented Toward Future Measures of Efficiency and Effectiveness A Means to an End Integrity of Accounting Information : Integrity of Accounting Information Institutional Features Generally Accepted Accounting Principles (GAAP) Financial Accounting Standards Board Securities and Exchange Commission Internal Control Structure Audits Integrity of Accounting Information : Integrity of Accounting Information Professional Organizations American Institute of Certified Public Accountants Institute of Management Accountants Institute of Internal Auditors American Accounting Association End of Chapter 1 : End of Chapter 1 You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
introduction to accounting jitendra1_smit Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 677 Category: Education License: All Rights Reserved Like it (1) Dislike it (0) Added: August 17, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: saj1975 (27 month(s) ago) really nice please provide acess for download Saving..... Post Reply Close Saving..... Edit Comment Close By: baseer444 (30 month(s) ago) nice presentation, so can i download it pls. Saving..... Post Reply Close Saving..... Edit Comment Close By: Bachchuo2500 (33 month(s) ago) Hi its a good one.....can I have the privelege of downloading it Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Financial & Managerial Accounting : Financial & Managerial Accounting The Basis for Business Decisions Slide 2: ACCOUNTING:Information for Decision Making Chapter1 Slide 3: Accounting information The accounting process Decision makers Economic activities Actions (decisions) Accounting “links” decision makers with economic activities ¾ and with the results of their decisions. Types of Accounting Information : Types of Accounting Information Financial Managerial Tax Slide 5: Information Users Investors Creditors Managers Owners Customers Employees Regulatory agencies -SEC -IRS -EPA Decision Support CVP analysis Performance evaluation Incremental analysis Budgeting Capital allocation Earnings per share Ratio analysis Information System Basic Functions of an Accounting System : Basic Functions of an Accounting System Interpret and record business transactions. Basic Functions of an Accounting System : Basic Functions of an Accounting System Interpret and record business transactions. Objectives of External Financial Reporting : Objectives of External Financial Reporting The primary external users of financial information are investors and creditors. Slide 9: Objectives of Financial Reporting Objectives of External Financial Reporting : Objectives of External Financial Reporting The primary financial statements. Slide 11: Financial Reporting Financial Reporting Financial Statements Financial Statements: A Lens to View Business Characteristics of Externally Reported Information : Characteristics of Externally Reported Information A Means to an End Broader than Financial Statements Historical in Nature Results from Inexact and Approximate Measures Based on General Purpose Assumption Usefulness Enhanced via Explanation Internal Users of Accounting Information : Internal Users of Accounting Information Board of Directors Chief Executive Officer Chief Financial Officer Vice Presidents Business Unit Managers Plant Managers Store Managers Line Supervisors Slide 15: Information about decision-making authority, for decision-making support, and for evaluating and rewarding decision-making performance. Information useful in assessing both the past performance and future directions of the enterprise and information from external and internal sources. Information useful to help the enterprise achieve its goal, objectives and mission. Objectives of Managerial Reporting Characteristics of Management Accounting Information : Characteristics of Management Accounting Information Timeliness Identify Decision-Making Authority Oriented Toward Future Measures of Efficiency and Effectiveness A Means to an End Integrity of Accounting Information : Integrity of Accounting Information Institutional Features Generally Accepted Accounting Principles (GAAP) Financial Accounting Standards Board Securities and Exchange Commission Internal Control Structure Audits Integrity of Accounting Information : Integrity of Accounting Information Professional Organizations American Institute of Certified Public Accountants Institute of Management Accountants Institute of Internal Auditors American Accounting Association End of Chapter 1 : End of Chapter 1