Premium Essay

Abcdefghijklmnop

In:

Submitted By aliakber
Words 1247
Pages 5
BUS5AFS

ACCOUNTING AND FINANCE
FOR SUSTAINABLE VALUE CREATION

Topic 2: Principles of Accounting
Semester 1, 2014

ACCOUNTING AND FINANCE
FOR SUSTAINABLE VALUE CREATION TOPIC 2: PRINCIPLES OF ACCOUNTING

La Trobe Business School

BUS5AFS: Topic 2 – Principles of Accounting

1

Topic Learning Outcomes
2.1 2.2 2.3 2.4 2.5 Discuss the nature and purpose of accounting. Explain the five basic financial elements of a business. Explain the underlying concepts of recognising and measuring the financial elements. List the four basic financial statements used in business decision making. List the basic tools for analysing financial statements.
BUS5AFS: Topic 2 – Principles of Accounting
2

La Trobe Business School

Prescribed reading
Hill, G. and Martin, T. Principles of Accounting and Finance Pearson Australia, 2014 Chapter 2

La Trobe Business School

BUS5AFS: Topic 2 – Principles of Accounting

3

1.1 Discuss the nature and purpose of accounting. PURPOSE OF ACCOUNTING

…….. to provide information to permit informed judgments and decisions regarding the allocation of resources, managing & directing those resources, custodianship (stewardship) & mandatory requirements ……..

La Trobe Business School

BUS5AFS: Topic 2 – Principles of Accounting

4

ACCOUNTING VALUE ADDS

• • • • • •

Improve quality and reduce costs Improve sharing knowledge Improve supply chain Improve efficiency and effectiveness Improve internal control Improve decision making

La Trobe Business School

BUS5AFS: Topic 2 – Principles of Accounting

IMPROVE DECISION MAKING • Identify situations that require action • Reduce uncertainty • Provide alternative choices • Provide feedback on previous decisions • Provide accurate and timely information

La Trobe Business School

BUS5AFS: Topic 2 – Principles of Accounting

MAJOR FOCUSES OF

Similar Documents

Free Essay

Abc Abc Abc Abc

...abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop abcdefghijklmnop ...

Words: 349 - Pages: 2

Free Essay

Snort

...Intrusion Detection Systems with Snort Advanced IDS Techniques Using Snort, Apache, MySQL, PHP, and ACID BRUCE PERENS’ OPEN SOURCE SERIES ◆ Managing Linux Systems with Webmin: System Administration and Module Development Jamie Cameron ◆ Implementing CIFS: The Common Internet File System Christopher R. Hertel ◆ Embedded Software Development with eCos Anthony J. Massa ◆ The Linux Development Platform: Configuring, Using, and Maintaining a Complete Programming Environment Rafeeq Ur Rehman, Christopher Paul ◆ Intrusion Detection Systems with Snort: Advanced IDS Techniques with Snort, Apache, MySQL, PHP, and ACID Rafeeq Ur Rehman Intrusion Detection Systems with Snort Advanced IDS Techniques Using Snort, Apache, MySQL, PHP, and ACID Rafeeq Ur Rehman Prentice Hall PTR Upper Saddle River, New Jersey 07458 www.phptr.com Library of Congress Cataloging-in-Publication Data A CIP catalog record for this book can be obtained from the Library of Congress. Editorial/production supervision: Mary Sudul Cover design director: Jerry Votta Cover design: DesignSource Manufacturing manager: Maura Zaldivar Acquisitions editor: Jill Harry Editorial assistant: Noreen Regina Marketing manager: Dan DePasquale © 2003 Pearson Education, Inc. Publishing as Prentice Hall PTR Upper Saddle River, New Jersey 07458 This material may be distributed only subject to the terms and conditions set forth in the Open Publication License, v1.0 or later (the latest version...

Words: 52750 - Pages: 211