会计 皮尔森 Chapter 3 (MoMstudents)ppt课件.ppt

《会计 皮尔森 Chapter 3 (MoMstudents)ppt课件.ppt》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、Chapter3CONCEPTS,ASSUMPTIONSANDPRINCIPLES1MBAACCOUNTINGMBAACCOUNTING2LearningobjectivesAttheendofthischapteryoushouldbeableto:Explainthedifferencebetweentheprinciplesbasedapproachandtherulesbasedapproachtoaccounting.DiscussthereasonsforcreatingaConceptualFr

2、ameworkandtheproblemsinvolved.Describethetwounderlyingassumptionsoffinancialstatementswhichhavebeenidentified:theaccrualsandthegoingconcernassumptions.Summarisethequalitativecharacteristicsofinformation.ExplainthebusinessentityconceptContrastthefourmeasurem

3、entconceptsMBAACCOUNTING3LectureTopicsConceptualandpracticalissuesPrinciplesvrulesCreatingaconceptualframeworkMainmeasurementconceptsConceptualandPracticalIssuesThefinancialstatementsofacompanyrelyonconcepts,assumptions,andprinciples.MBAACCOUNTING4MBAACCOUN

4、TING5Concepts,assumptionsandprinciplesAconceptisanameorlabelthatregardsortreatsanabstractionasifithadconcreteormaterialexistenceMBAACCOUNTING6Assumptions,concepts,andprinciplesManagementmakesjudgements,estimatesandassumptionswhichaffectthereportedamountsonf

5、inancialstatements.Accountantsmakecertainassumptionstodefineandcategorisewhicheconomictransactionsandeventsaretoberecordedandmeasuredinthefinancialstatements.MBAACCOUNTING7LinktoPracticesTescoplcThepreparationoftheconsolidatedfinancialstatementsrequiresmana

6、gementtomakejudgements,estimatesandassumptionsthataffecttheapplicationofpoliciesandreportedamountsofassetsandliabilities,incomeandexpenses.TescoAnnualReport2011MBAACCOUNTING8FormalisingassumptionsandconceptsSomeassumptionsandconceptshavebeendefined.Theadvan

7、tagesofthisare:Accountantsareusingthesamebasisinpreparingfinancialstatements.Users,iftheyknowtheconcepts,canbetterunderstandfinancialstatements.MainconceptsThebusinessentityconceptTheconsistencyconceptThematchingconceptThemoneymeasurementconceptHistoricalco

8、stconceptMBAACCOUNTING9DefinitionInaccountingstandards,companiesandotherbusinessesareusuallycalledENTITIES.Thesecanbeofalldifferentsizesanddifferenttypesofownership.MBAACCOUNTING101.Thebusinessentityco