Financial Accounting Basics Pdf Free Download. Important terms in financial accounting introduction. 40 coursework 60 examination aims this subject introduces the basic concepts of financial accounting.
Important terms in financial accounting introduction. Download basic accounting principles text book pdf. 40 coursework 60 examination aims this subject introduces the basic concepts of financial accounting.
Basic accounting principles business environment 60 5 basic accounting principles 5 0 introduction we have studied economic activities which have been converted into business activities.
Transaction involves transfer of money or money s worth. Financial accounting is primarily concerned with the preparation of financial statements whereas management accounting covers areas such as interpretation of financial statements cost accounting etc. Important terms in financial accounting introduction. Accounting is the system a company uses to measure its financial performance by noting and classifying all the transactions like sales purchases assets and liabilities in a manner that adheres to certain accepted standard formats.
