User:Jukeboksi/BBA studies/Accounting: Difference between revisions
starting a reorganization to get more effective structuring of information
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== Accounting for a New Business 1 == | == Accounting for a New Business 1 == | ||
==== Balances and flow statements ==== | ==== Balances and flow statements ==== | ||
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=== Accounting classes === | === Accounting classes === | ||
==== Accounting | ==== Accounting lesson 1 Double-entry bookkeeping, credit and debit ==== | ||
:* '''[[w:Financial accountancy]]''' (or '''financial accounting''') is the field of [[w:accountancy]] concerned with the preparation of [[w:financial statements]] for decision makers, such as [[w:Shareholder|stockholder]]s, [[w:vendor (supply chain)|supplier]]s, [[w:bank]]s, employees, [[w:government agencies]], owners, and other stakeholders. Financial capital maintenance can be measured in either [[w:nominal monetary units]] or [[w:units of constant purchasing power]]. ( Wikipedia ) | :* '''[[w:Financial accountancy]]''' (or '''financial accounting''') is the field of [[w:accountancy]] concerned with the preparation of [[w:financial statements]] for decision makers, such as [[w:Shareholder|stockholder]]s, [[w:vendor (supply chain)|supplier]]s, [[w:bank]]s, employees, [[w:government agencies]], owners, and other stakeholders. Financial capital maintenance can be measured in either [[w:nominal monetary units]] or [[w:units of constant purchasing power]]. ( Wikipedia ) | ||
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:* '''[[w:Double-entry accounting]]''' ( or '''double-entry [[w:bookkeeping]] system''' ) is a set of rules for recording financial information in a [[w:financial accounting]] system in which <u>'''''every transaction'''''</u> or event <u>'''''changes at least two'''''</u> different nominal [[w:ledger]] <u>'''''accounts'''''</u>. | :* '''[[w:Double-entry accounting]]''' ( or '''double-entry [[w:bookkeeping]] system''' ) is a set of rules for recording financial information in a [[w:financial accounting]] system in which <u>'''''every transaction'''''</u> or event <u>'''''changes at least two'''''</u> different nominal [[w:ledger]] <u>'''''accounts'''''</u>. ( Wikipedia ) | ||
: In '''[[w:double-entry bookkeeping]]''' ( [[w:fi:Kahdenkertainen kirjanpito]] ) a minimum of '''2 [[w:ledger]] accounts''' ( [[w:fi:Reskontra]] ) are touched, one '''[[w:debit]]ed''' and another '''[[w:credit]]ed''' with every action recorded. ( [[w:fi:Debet ja kredit]] ) ( jubo-jubo ) | |||