Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Financial Accounting for Management

Financial Accounting for Management

Ratings: (0)|Views: 27|Likes:
Published by Hemant Dua
Chapter 1
Chapter 1

More info:

Categories:Types, Business/Law
Published by: Hemant Dua on Jul 14, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

11/27/2014

pdf

text

original

 
1Financial Accounting for Management by Ramachandran& Kakani “Copyright with McGraw-Hill Education (India) Ltd., 2007"
Chapter 1:Conceptual Basis of Accounting
Prof. Ram Kumar KakaniS P Jain Centre of Management, SingaporeProf. N. RamachandranRetired Professor, Indian Institute of Management (IIM) CalcuttaTanmoy ChatterjeeIndependent Financial Consultant
 
Financial Accounting for Management by Ramachandran& Kakani “Copyright with McGraw-Hill Education (India) Ltd., 2007"2
Introduction
AccountingFinancialAccountingAccountingAnalysisUsed for reportingAudience: Outside World(Govt. Bodies, society, etc.)Providing information forplanning and controlAudience: Internal(Managers and investors)
 
Financial Accounting for Management by Ramachandran& Kakani “Copyright with McGraw-Hill Education (India) Ltd., 2007"3
Financial Accountin
Evolution 
Evidence of recording of economic transactions in ancientcivilizations
Franciscan Monk FraLuca Pacioli(1445-1515) known as thefather of modern accounting
His Summa de Arithmetica,Geometria, Proportioniet Proportionalita
, is considered asthe first text on accounting
Paciolistructured andorganized the initialaccounting systembased on the
‘benefitand sacrifice’
principle

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->