GRADE 12 - FUNDAMENTALS OF ABM 1

MODULE NO. 1
Q1 - WK 1

LESSON 1: INTRODUCTION TO ACCOUNTING

Time Allotment: 120 minutes

Learning Outcome(s): At the end of the lesson, YOU should be able to:

1. Define external and internal users of accounting data

2. Identify the type and decisions made by each group of users
3. Describe the type of information needed by each group of users
4. Solve exercises and problems on the identification of users of information, types of
decision to be made and type of information needed by the users.