accounting in business

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1、wiL10874_ch01_002-047.inddPage27/29/109:18:36AMuser-f500/Users/user-f500/Desktop1AccountinginBusinessALookatThisChapterALookAheadAccountingiscrucialinourinformationChapter2describesandanalyzesage.Inthischapter,wediscussthebusinesstransactions.Weexplaintheimportanceofaccount

2、ingtodifferenttypesanalysisandrecordingoftransactions,oforganizationsanddescribeitsmanytheledgerandtrialbalance,andtheusersanduses.Weexplainthatethicsdouble-entrysystem.Moregenerally,areessentialtoaccounting.WealsoexplainChapters2through4show(viathebusinesstransactionsandho

3、wtheyareaccountingcycle)howfinancialstatementsreflectedinfinancialstatements.reflectbusinessactivities.LearningObjectivesLearningObjectivesareclassifiedasconceptual,analytical,orprocedural.CAPCONCEPTUALANALYTICALPROCEDURALC1ExplainthepurposeandimportanceofA1Defineandinterpr

4、ettheaccountingP1Analyzebusinesstransactionsusingaccounting.(p.4)equationandeachofitscomponents.theaccountingequation.(p.15)(p.14)C2Identifyusersandusesof,andP2Identifyandpreparebasicfinancialopportunitiesin,accounting.(p.5)A2Computeandinterpretreturnonstatementsandexplainh

5、owtheyassets.(p.22)interrelate.(p.19)C3Explainwhyethicsarecrucialtoaccounting.(p.8)A3Appendix1A—Explaintherelationbetweenreturnandrisk.(p.26)C4Explaingenerallyacceptedaccountingprinciplesanddefineandapplyseveralaccountingprinciples.(p.9)C5Appendix1B—Identifyanddescribetheth

6、reemajoractivitiesoforganizations.(p.26)LP1wiL10874_ch01_002-047.inddPage37/29/109:18:39AMuser-f500/Users/user-f500/DesktopDecisionInsightADecisionFeaturelauncheseachchaptershowingtherelevanceofaccountingforarealentrepreneur.AnEntrepreneurialDecisionproblemattheendoftheassi

7、gnmentsreturnstothisfeaturewithamini-case.AccountingforFacebook“Wearefocusedon...helpingpeopleshareinformation“—MARKZUCKERBERGPALOALTO,CA—“OpenSociety”conjuresupphilosophicalveryfocusedonwhatwearebuilding,”saysMark.“Weareaddingthoughtsandpoliticalideologies.However,forMarkZ

8、uckerberg,acertainamountofvaluetopeople’slivesifwebuildaverygoodhisvisionofanopens