BAFS – S.5 Elective Accounting Module. What is Accounting? It is a “Specialized language” of business. – enables you to communicate and understand the.

Slides:

Advertisements

Similar presentations

Accounting Is Fun! Introduction To Accounting

Advertisements

Introduction to Accounting

Accounting: The Universal Language of Business

Family and General Practitioners Physicians who diagnose, treat, and help prevent diseases and injuries that commonly occur in the general population.

Contents Click the link below to go directly to the slides for that chapter. Chapter 1 ■ Your Personal Strengths Chapter 2 ■ The Roles You Play Chapter.

New Senior Secondary History Curriculum (Secondary 4-6) Understanding and Interpreting the Curriculum.

Recording Adjusting and Closing Entries for a Service Business Chapter 8, Section 3.

Williams Haka Bettner Carcello

An Introduction to Assurance and Financial Statement Auditing

YING WA GIRLS’ SCHOOL Business, Accounting and FinancialStudies Prepared by: Mr. CHEUNG.

there definitely is a need for the skills and knowledge learned in accounting...

INTRODUCTION TO ACCOUNTING. ACCOUNTING Accounting is the language of business. The affairs and the results of the business are communicated to others.

“What Can I Do with a Major In Accounting/Finance?” Presented by : Kellie Klinck, M.A., L.L.P.C., N.C.C Academic Adviser, School of Business Administration.

Business, Accounting and Financial Studies

Version: 2.0 © University of Tasmania All rights reserved. CRICOS Provider Code: 00586B Accounting & Financial Decision Making BFA103BFA103.

ACCOUNTING - AN INTRODUCTION BY: WAQAR AHMAD LECTURER MANAGEMENT SCIENCE DEPARTMENT RANA UNIVERSITY KABUL, AFGHANISTAN.

Learning Outcomes At the end of this chapter you should be able to: Explain the meaning and purpose of accounting; Describe the role of accounting as.

Curriculum framework Business, Accounting and Financial Studies Compulsory Part 40% Elective Part Accounting Module Business Management Module 60%

BAFS – S.5 Elective Accounting Module. Overview – What is Accounting? It is a “Specialized language” of business. – enables you to communicate and understand.

Accounting: The Universal Language of Business

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO1 Prepare an income statement for a service.

Basic Accounting and Financial Management for Sports Organisations. Ch.1 Introduction to The Study of This Module: The subject of sports finance can be.

Amity School of Business FINANCIAL ACCOUNTING. Module I Introduction to Accounting.

Curriculum framework Principles of Accounts Business, Accounting and Financial Studies Commerce HKCEE Principles of Accounts Business Studies HKALE BAFS.

Chapter 01 Accounting Information and Decision Making McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Business, Accounting and Financial Studies (BAFS).

McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Accounting and the Business Environment Chapter 1.

Introduction to Accounting BUSI 120A Nancy Goehring.

Introduction to Accounting. What is Accounting?  The process of recording, analyzing and interpreting the economic activities of a business  Any business.

DEFINITION BOOK KEEPING is the process of recording data relating to accounting transactions in the books of account. It can also be defined systematic.

Chapter 1 Accounting in Action. How Will Accounting Help Me? Used in Any Profession Used as a Career Choice Used for Personal Investments and Financial.

MANAGEMENT INFORMATION SYSTEM

The Role of Accounting. © Hodder Education 2008 What is accounting? Accounting is about accountability. It is a process that involves recording, classifying.

Mr. TAI Ming-kee STFA Leung Kau Kui College 25th April 2009 Preparation for the new Challenges Teachers ’ seminar on BAFS : Preparation for the new Challenges.

Function of Financial Accounting. Financial Accounting Accounting can be defined as “the process of identifying, measuring and communicating economic.

BAFS – Accounting Module Mr. Thomas Hung. WHAT Overview: WHAT is Accounting? Curriculum Accounting in NSS – The Curriculum WHY WHY study Accounting? FAQs.

Exploring Entrepreneurship  Entrepreneurship is the process of starting a new business.  Just having a good idea is not enough. Entrepreneurs must be.

Lecture 1. Introduction to Accounting Lecture Outline What is Accounting? Why non-accounting students should study accounting? Users of accounting information.

Accounting Defined. What is accounting? The systematic and comprehensive recording of financial transactions pertaining to a business. In layman's terms.

Agenda Overview: WHAT is Accounting?

© 2014 Cengage Learning. All Rights Reserved.

Accounting Thursday September 29th, 2016.

Promoting Accounting as Leaving Certificate Subject

© 2014 Cengage Learning. All Rights Reserved.

6.00 Understand Financial Analysis

Business, Accounting and Financial Studies

© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.

6.00 Understand Financial Analysis

© 2014 Cengage Learning. All Rights Reserved.

LESSON 8-3 Preparing a Post-Closing Trial Balance

Introduction to Accounting BUSI 120A

LESSON 8-3 Preparing a Post-Closing Trial Balance

© 2014 Cengage Learning. All Rights Reserved.

Student name Student ID Degree program Area of specialization

Accounting and the Business Environment

LESSON 1-1 Accounting in Action

LESSON 8-3 Preparing a Post-Closing Trial Balance

LESSON 7-1 Preparing an Income Statement

© 2014 Cengage Learning. All Rights Reserved.

INTRODUCTION FINANCIAL ACCOUNTING Bangor University Transfer Abroad Programme Lecture 15 (review Ch. 5, 6 & 7)

Introduction to Business Lecture 43

© 2014 Cengage Learning. All Rights Reserved.

LESSON 8-3 Preparing a Post-Closing Trial Balance

Student name Student ID Degree program Area of specialization

1-1 Financial Accounting. 1-2 This course is an introduction to the basic concepts and standards underlying financial accounting systems. It emphasizes.

Introduction to Accounting BUSI 120A

LESSON 8-3 Preparing a Post-Closing Trial Balance

Presentation transcript:

BAFS – S.5 Elective Accounting Module

What is Accounting? It is a “Specialized language” of business. – enables you to communicate and understand the financial operations of all types of organization. – Is the business making profits? – Is it worth investing? The systematic recording, reporting, and analysis of financial transactions of businesses. One of the “oldest professions” – backbone of ALL businesses.

Topics covered in the NSS – BAFS Curriculum S.6 – Managerial Accounting Preparation of reports for internal users of businesses. Analysis for making managerial decisions. S.5 – Financial Accounting Preparation of financial statements (Advanced). Financial Analysis & Interpretation. S.4 – Introduction to Accounting Recording transactions & preparation of financial statements (Basic).

Why study Accounting? Further studies in ANY business-related subject? – E.g. BBA, Professional Accounting etc… Pursuit a professional career? – Accountant, financial controller / analyst, CFO etc… Personal development? – Knowing how to analyze business performance? – Develop a logical mind?

Who is suitable to study Accounting? Common misconceptions Q) “Accounting = no need to write?” Ans) Major focus would certainly be calculations, but still need to analyze and interpret figures. Q) “Study Accounting has to be good in Maths?” Ans) In accounting, only “+ - x ÷” will be used for calculations. What’s more important, is a logical mind!

Am I suitable? If you are… A logical thinker (or/and) Someone who can play under the rules (or/and) Interested in challenging tasks (or/and) “Accounting can be one of your choices!!!” Who is suitable to study Accounting?

~End of Sharing~ ~Thank You!~