a Whok ia accounting 9
— Udentihying economic. event
. Recording eemomie eent im oO sy stemetie. way.
= Commurnieste ‘nforanations to ralaked paorlien «
| So, accounting 's roving, aay from ts
lhuditerwl protedaval bare, enesmparsirg feeondh keeping.
and. Such walaied work as the preparation of budgets
cand final account , cpwards a. nol that ee tks
boca \mnportanee«
| This i , account
bares provide in veadion
bs & aystmate
aoreernadl user -
« Exonomie ever — The events Had cae be
expel m tours of moray is alld‘ economic evenk .
| « Systemadie way — The dfinite, way which must
“ve folisea in tims of record keeping - The way be —
pumal iy Ladger— trial, — 7 ages Finondal
Hate ments
No step of this aystan hued, la. centilel.
|
|
ee ee« Rilotid Portion —
4, Shoo holders or inventor
2 Craslitors (Bank, fnantal ‘wdtution)
3. Customer
a Supplier
Dee
& Government (Tax fahoridy)
7. SEC (Seemition and Exchange
Commission) —» “This menixfors the Liked buman ongani-
~palions” because government can nat direst te
| ft Monitorcing means to cheek sahethur He.
meganizetions obey Het Jaws of busines yoticies on net
la Why Atudy Accounting 2
: — The e sf atudy' accounk is an
Faings « alee g a
wo Be Ty peemove ‘illegal, embanarsing or unethical
wna event. . “a -
; Example +. Camp"!
4. Baloner Sheet
ee
Fist ael = 7. 1K'5,00,070 |
(Medheiay Ceskpied “hate7 Wan, actual cost dengan tk, but in the balance
chal, Mohan been shoum as 5,600,000 tk. This da done.
Leraune, Wf amet Inouanes, Uability
equily abso Imouare. y that means the condition ef
‘
and dumuirs
Nhe company da better.
Put, if this ms mana oment of cost is
found out, then VA will be embanarring Sore Whee.
oampany
8. Grood aecaunting ayastem das futpfut fore
Vavering decision» -
Exasnplor: Suppose, For invoking decidiens, %
erson wants te compare. the rucords of ihe part
4B yearn Cees (nam 200 2052) ef 3 companss — Apexy
Peximeo and Sq uavce :
After eompaxing” oll Ake cans dened varviabli»
of thuse Hour companion , let wr arrema at Square
Bey com parcalivels ‘on grok condition +
So, dutision will be made fore \nvestin
Equma group» Thur, accounting wformetion talps,
oer d 1.
wr for daking decision» -
in