專業(yè)英語會計學Chap001

WELCOMETOTHECLASSAccountinginEnglish

Instructor:LuJiuqinPublicemailbox:hdu2008accounting@163.comPassword:hdu2008Privateemail:hduljq@163.comWhychoosethecourse?Graduateprogrampreparation?CPAExamination?Workpreparation?Credit?Followotherstudents?Whatdoesthecourseprovide?GeneralobjectiveAmericanaccountingprincipleandfinancialaccountingSpecificobjectiveGraduateentranceexaminationandCPAexaminationWorktechniqueandcompetitivenessAdditionalobjectiveEarningcreditIntroductiontothecourseCourseintroductionAccountingprincipleFinancialaccountingTotal12chaptersEmphasis:decisionmakingTotallyAmericanaccountingTime:MondayAcademichoursandcredit:322creditsScoreFinalexam:80%Assignment(individualassignment):20%Attendancepolicy:2points/absence,applicationaheadexceptionTEXTBOOK

Financial&ManagerialAccountingTheBasisforBusinessDecisionsFOURTEENTHEDITIONWilliamsHakaBettnerLanguageissueMypreferenceexaminationandassignment:Englishorallanguage:ChineseAccountingprofessornotEnglishprofessorClassStudyMethod

---dependingonyourgoalForgetaboutChineseaccountingIsitpossible?GetthemainideaofeachchapterFinishassignmentSelfstudySpecialtermsTextreadingFinalexaminationMultiplechoiceTrueorfalseExercise(tentative)SpecialtermsQuestionaboutthecourse?ACCOUNTING:

INFORMATIONFORDECISIONMAKINGChapter

1LearningObjectivesDiscusstheroleofaccountinginformationinmakingeconomicdecisionsandthesignificanceofaccountingsystemsingeneratingreliableaccountinginformation.Explaintheimportanceoffinancialaccountinginformationforexternalparties–primarilyinvestorsandcreditors–intermsoftheobjectivesandthecharacteristicsofthatinformation.Explaintheimportanceofmanagerialaccountinginformationforinternalparties–primarilymanagement–intermsoftheobjectivesandthecharacteristicsofthatinformation.Identifyanddiscussintegrityofinformationsystem.AccountinginformationTheaccountingprocessDecisionmakersEconomicactivitiesActions(decisions)Accounting“l(fā)inks”decisionmakerswitheconomicactivities?andwiththeresultsoftheirdecisions.TypesofAccountingInformationFinancialManagerialTaxInformationUsersInvestorsCreditorsManagersOwnersCustomersEmployeesRegulators

-SEC-IRS-EPADecisionsSupportedPerformance

evaluationsStock

investmentsTaxstrategiesLaborrelationsResource

allocationsLending

decisionsBorrowingInformationSystemFinancialInformationProvidedProfitability

Financial

position

CashflowsBasicFunctionsofanAccountingSystem

Interpretandrecordbusinesstransactions.PaymentCarBasicFunctionsofanAccountingSystem

Summarizeandcommunicateinformationtodecisionmakers.

Classifysimilartransactionsintousefulreports.

Interpretandrecordbusinesstransactions.ExternalUsersofAccountingInformationOwnersCreditorsLaborunionsGovernmentalagenciesSuppliersCustomersTradeassociationsGeneralpublicProvideinformationabouteconomicresources,claimstoresources,andchangesinresourcesandclaims.Provideinformationusefulinassessingamount,timinganduncertaintyoffuturecashflows.Provideinformationusefulinmakinginvestmentandcreditdecisions.(Specific)(General)ObjectivesofFinancialReportingObjectivesofExternalFinancialReportingTheprimaryfinancialstatements.IncomeStatementBalanceSheetStatementofCashFlowsCharacteristicsofExternallyReportedInformationAMeanstoanEndBroaderthanFinancialStatementsHistoricalinNatureResultsfromInexactandApproximateMeasuresBasedonGeneral-PurposeAssumptionUsefulnessEnhancedviaExplanationUsersofInternalAccountingInformationBoardofdirectorsChiefexecutiveofficer(CEO)Chieffinancialofficer(CFO)VicepresidentsBusinessunitmanagersPlantmanagersStoremanagersLinesupervisorsObjectivesofManagementAccountingInformationTohelpachievegoalsandmissionsTohelpevaluateandrewarddecisionmakersCharacteristicsofManagementAccountingInformationTimelinessIdentifyDecisionMakerOrientedTowardFutureMeasuresofEfficiencyandEffectivenessAMeanstoanEndIntegrityofAccountingInformationInstitutionalFeaturesGenerallyAcceptedAccountingPrinciples(GAAP)FinancialAccountingStandardsBoardSecuritiesandExchangeCommissionInternalControlStructureAuditsLegislationIntegrityofAccountingInformationProfessionalOrganizationsAmericanInstituteofCertifiedPublicAccountantsInstituteofManagementAccountantsInstituteofInternalAuditorsAmericanAccountingAssociationIntegrityofAccountingInformationCompetence,JudgmentandEthicalBehaviorCertifiedPublicAccountants(CPAs)CertificateinManagementAccounting(CMA)CertificateinInternalAuditing(CIA)CodeofProfessionalConductCPAIntegrityofAccountingInformationCareersinAccountingPublicAccountingManagementAccountingGovernmentalAccountingAccountingEducationCase1.1

Intheearly1980s,ChryslerCorporationwasinseverefinancialdifficultyanddesperatelyneededlargeloa