欢迎来到天天文库
浏览记录
ID:50117871
大小:581.23 KB
页数:24页
时间:2020-03-06
《ACCAF3考试知识点汇总.pdf》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、2015年12月ACCAF3考试知识点汇总☆TypesofbusinessentityAbusinesscanbeorganizedinoneoftheseveralways:●Soletrader–abusinessownedandoperatedbyoneperson.Thesimpleformofbusinessisthesoletrader.Thisisownedandmanagedbyoneperson,althoughtheremightbeanynumberofemployees.Asoletraderisfullypersonallyliable
2、foranylossesthatthebusinessmightmake.●Partnership–abusinessownedandoperatedbytwoormorepeople.Apartnershipisabusinessownedjointlybyanumberofpartners.Thepartnersarejointlyandseverelyliableforanylossesthatthebusinessmightmake.(Traditionallythebigaccountingfirmshavebeenpartnerships,altho
3、ughsomeareconvertingtheirstatustolimitedliabilitycompanies.)●LimitedLiabilityCompany–abusinessownedbymanypeopleandoperatedbymany(thoughnotnecessarilythesame)people.Companiesareownedbyshareholders.Shareholdersarealsoknownasmembers.Asagroup,theyelectthedirectorswhorunthebusiness.Compan
4、iesarealwayslimitedcompanies.Insummary,typesofbusinessentityshouldbedifferentiatedinOwnership;OperationrightandLiabilityforthebusinesstoundertake.Forallthreetypesofentity,themoneyputupbytheindividual,thepartnersortheshareholders,isreferredtoasthebusinesscapital.Inthecaseofacompany,th
5、iscapitalisdividedintoshares.☆BusinessTransactions:Maintypesofbusinesstransactionsforabusinessinclude:●Purchaseofinventoryforresale●Salesofgoods●Purchaseofnon-currentassets●Paymentofexpenses●Introductionofnewcapitaltothebusiness●Withdrawaloffundsfromthebusinessbytheowner☆Cashandcredi
6、ttransactions:Cashtransactions:thebuyerpaysfortheitemimmediatelyorpossiblyinadvance.Credittransactions:thebuyerdoesnothavetopayfortheitemonreceipt,butisallowedsometime(acreditperiod)beforehavingtomakethepayment.☆DefinitionofaccountingRecording:transactionsmustberecordedastheyoccurino
7、rdertoprovideup-to-dateinformationformanagement.Summarizing:thetransactionsforaperiodaresummarizedinordertoprovideinformationaboutthecompanytointerestedparties.☆TypesofaccountingFinancialaccountingvsmanagementaccountingAccountingreportsusersinclude:●Management:Needinformationaboutthe
8、company’sfin
此文档下载收益归作者所有