Accounting for decision making
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This document provides guidelines and information about an accounting workshop. It outlines the workshop guidelines, evaluation criteria, and objectives. The evaluation criteria includes assignments, quizzes, exams, and case analysis. Students are expected to bring laptops as practice questions will be done in Excel. Key topics that will be covered in the workshop include the accounting process, measurement assumptions, financial statements, the accounting equation, and an accounting case study. Accounting is aimed at providing useful information for decision making to various users including investors, managers, and government authorities.
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https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
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【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
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Accounting for decision making
- 2. Motivate by clapping Respect each other’s view Ask questions and clarify any doubts Put mobile on silent mode or switch off The workshop guidelines Discipline is the bridge between goals and accomplishment
- 3. • Attendance will be updated within 5 Minutes of beginning of Class • No Change of Attendance will be possible once attendance of the day is marked • Students will not be allowed to appear in Semester Exam on not maintaining the minimum stipulated attendance
- 4. Evaluation Criterion • Assignment 0.1 • 3-4 Surprise Quizes (including Foundation Quiz) 0.2 • Case Analysis 0.1 • Mid Term Exam 0.2 • End term Exam 0.4 It is desired to carry Laptops as Most of the Practice Questions will be through Excel
- 6. Objective of the Session • Understanding of Accounting Environment
- 7. Why Accounting • Accounting provides information that is useful in making business and economic decision for making reasoned choice among alternative uses of scarce resources in the conduct of business and economic activities
- 8. Users of Accounting Information • Investors • Lenders • Security Analyst, Rating Agencies • Managers • Employees & Trade Union • Supplier & Trade Financiers • Customers • Govt. & Regulatory Authorities • The Public
- 9. Accounting Process • Analysis of Transactions • Documentation : Voucher • Recording • Classifying : Ledger • Summarizing :Trial Balance • Bifurcating the Trial Balance : Income Statement & Balance Sheet
- 10. 10 Accounting Measurement Assumption Going Concern Concept Periodicity Separate Entity Concept Money Measurement
- 11. GAAP(Generally Acceptable Accounting Principle) • GAAP consists of convention, rules and procedures that defined accepted accounting practice Institution that Influence Indian GAAP Ministry Of Corporate Affairs SEBI Institute of Chartered Accountants of India Income Tax Authorities RBI Comptroller & Auditor Genera of India International Accounting Standard Board Various other Regulatory Authorities such as IRDA
- 12. Financial Statements • Profit & Loss (Income) Statement • Statement of Retained Earnings • Balance Sheet • Cash Flow Statement
- 13. Accounting Equation Asset = Liability + Capital
- 14. • Smoky Valley Case
- 15. • Summary of the Session
Editor's Notes
- 10