GESTIÓN DE FORMACIÓN PROFESIONAL INTEGRAL

PROCEDIMIENTO DESARROLLO CURRICULAR

GUÍA DE APRENDIZAJE

1. PRESENTACION

More people around the world than ever before are studying and learning English because it has become
the international language of education and business. Our mission is to promote learning and support
education and professional development for the apprentices. We work hard to help learners pursue their
dreams of higher education or getting a good job in English-speaking environments.

2. FORMULACIÓN DE LAS ACTIVIDADES DE APRENDIZAJE

2.1 Actividades de Reflexión inicial
2.1.1 With the help of your dictionary check the words. Then, go over the reading and
create a definition with your own words of what Accounting is.

History of Accounting

Accounting has been around for many thousands of years. In fact, it can be traced back
to very ancient civilizations.

Economic historians say there is evidence it existed approximately five thousand years
ago in ancient Mesopotamia.

Many say that accounting probably developed alongside our ability to write words, count
numbers, and start using money.

GFPI-F-019 V3
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There is evidence that basic bookkeeping existed in ancient Iran, while the ancient
Egyptians appear to have had an early auditing system. In fact, even the Babylonians,
four thousand years ago, had an early auditing system.

The name that looms largest in early accounting history is Luca Pacioli, who in 1494 first
described the system of double-entry bookkeeping used by Venetian merchants. But it
was Luca Pacioli who was the first to describe the system
of debits and credits in journals and ledgers that is still the basis of today's accounting
systems.
The industrial revolution spurred the need for more advanced cost accounting systems,
and the development of corporations created large groups who were not part of a firm’s
management but had a vested interest in the company’s results—namely, shareowners
and bondholders who provided external financing. 

Definition of Accounting
Accounting is the recording of financial transactions along with storing, sorting, retrieving,
summarizing, and presenting the results in various reports and analyses. Accounting is
also a field of study and profession dedicated to carrying out those tasks.

Accounting is the process of systematically recording, measuring, and communicating

information about financial transactions.
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Accounting can be divided into several fields including financial accounting, management

accounting, external auditing, tax accounting and cost accounting. Accounting information
systems are designed to support accounting functions and related activities. Financial
accounting focuses on the reporting of an organization's financial information, including
the preparation of  financial statements, to external users of the information, such as
investors, regulators and suppliers;

and management accounting focuses on the measurement, analysis and reporting of

information for internal use by management. The recording of financial transactions, so
that summaries of the financials may be presented in financial reports, is known
as bookkeeping, of which double-entry bookkeeping is the most common system.
Accounting is facilitated by accounting organizations such as standard-setters, accounting
firms and professional bodies. Financial statements are usually audited by accounting
firms, and are prepared in accordance with generally accepted accounting
principles(GAAP). is set by various standard-setting organizations such as the Financial
Accounting Standards Board (FASB).

Accounting is tremendously important because it is the language of business, and it is

at the root of making informed business decisions. Without accounting, managers
would not know which products were successful, which business decisions were the
right ones, and whether the company was earning money. It would not know how much
to pay in taxes, whether to lease or buy an asset, or whether to merge with another
company. In short, accounting doesn't just count the beans, it measures a company's
success at meeting its goals and it helps investors understand how efficiently their
economic resources are being used. This is why companies must be proficient in
accounting in order to make good-decisions. Accounting can be controversial, in that
accounting rules and methods are sometimes subject to interpretation or can appear to
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Procedimiento de Desarrollo Curricular
GUÍA DE APRENDIZAJE

distort a company's true performance. This is another important reason that effective
leaders and managers must thoroughly understand the accounting impact of their
decisions.

2.2 Actividades de contextualización e identificación de conocimientos necesarios para

el aprendizaje.
2.2.1 Match the terms on the left with the definitions on the right:

1. Bookkeeping ( ) a. Conduct an official financial inspection

of (a company or its accounts).
2. Credit ( ) b. A book or other collection of financial
accounts.
3. Auditing ( )
c. The activity or occupation of keeping
4. Shareowner ( ) records of the financial affairs of a
business.
5. Ledger ( ) d. A person or organization that puts
money into financial schemes, property,
6. Cash inflows ( ) etc. with the expectation of achieving a
profit.
7. Investor ( )
e. The ability of a customer to obtain
goods or services before payment,
based on the trust that payment will be
made in the future.
f. Someone who holds shares of stock in a
corporation.
g. Is the money going into a business. That
could be from sales, investments or
financing.
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Procedimiento de Desarrollo Curricular
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2.3 Actividades de apropiación del conocimiento (Conceptualización y Teorización).

3.3.1 Find the words below in the crossword.

M F B C A S H I N F L O W S
G I S O S P U R D R O C E R
N N N R O T N E M E E R G A
I A I V E K A M O B E U A T
T N N T E N K Y O O R N U N
N C C A N S W E L D O I D E
U I O X W U T O E Y T O I M
O N M E T S O O E P S N T P
C G E S O R T C R R I S I O
C R E D I T O R C T A N N L
A U C R E S I V D A I H G E
R E D L O H D N O B X B S V
P E R F O R M A N C E A E E
O S N O I T C A S N A R T D
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Procedimiento de Desarrollo Curricular
GUÍA DE APRENDIZAJE

1. Bookkeeping 10. Development 19. Unions

2. Tax Accounting 11. Transactions 20. Store

3. Financing 12. Creditor 21. Body

4. Accounting 13. Advisor 22. Cash inflows

5. Investor 14. Taxes 23. Record

6. Debit 15. Sort 24. Spur

7. Shareowners 16. Performance 25. Agreement

8. Income 17. Bondholder 26. Loom

9. Credit 18. Auditing

2.4 Actividades de Transferencia

2.4.1 In order to contextualize new content and activate prior knowledge, the
apprentice is going to watch a video that talks about Accounting.

https://www.youtube.com/watch?v=MI9b6CMNgRY
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Procedimiento de Desarrollo Curricular
GUÍA DE APRENDIZAJE