This course attempts to describe the development of accounting, its nature, what influenced it, groups interested in accounting, the users of accounting information, its practice and certain principles and conventions.
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About this course
Understand the 'Accounting Entity Convention' and why it is necessary
It's implication in accounting procedures
Identify the two distinct allied objectives of accounting
Explain and understand the concepts of Accounting doctrines
Understand the main functions of accounting in rendering service
Discuss why groups of people would be interested in Accounting reports. How would they use the information disclosed
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This centre's achievements
2021
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 4 years
Subjects
Financial Training
Accountants
Accountancy
Planning
Private
Public
Financial
Financial Accounting
Interpreting
Course programme
Introduction to Accounting
1 lecture04:31Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.History of Accountancy -------- development materially affected the course of Accountancy profession.
Introduction to Accounting
1 lecture04:31Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.History of Accountancy -------- development materially affected the course of Accountancy profession.
Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
Development of Accoutancy preview Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
Accounting has had a long process of development and has been greatly speeded up since the 19th century due to industrial revolution.
History of Accountancy -------- development materially affected the course of Accountancy profession.
History of Accountancy -------- development materially affected the course of Accountancy profession.
History of Accountancy -------- development materially affected the course of Accountancy profession.
History of Accountancy -------- development materially affected the course of Accountancy profession.
-------- development materially affected the course of Accountancy profession.
-------- development materially affected the course of Accountancy profession.
The Profession of Accountancy
1 lecture01:20Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
The Profession of Accountancy
1 lecture01:20Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
Qualified Accountants preview The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
The practice of accounting may be divided into two main fields namely;
public accounting and commercial or private accounting.
Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
Fields of Accountancy The profession of Accountancy is practiced in a variety of ways.
The profession of Accountancy is practiced in a variety of ways.
The profession of Accountancy is practiced in a variety of ways.
Users of Accounting Information
1 lecture02:42Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
Users of Accounting Information
1 lecture02:42Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.
Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.
Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.
Parties involved in Accounting Information preview Accounting is a service function and their parties interested in interpreting and using such information.
Accounting is a service function and their parties interested in interpreting and using such information.
Accounting is a service function and their parties interested in interpreting and using such information.
User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
User of Accountancy -------- are primarily interested in financial stability when making decisions to advance money to a business.
-------- are primarily interested in financial stability when making decisions to advance money to a business.
-------- are primarily interested in financial stability when making decisions to advance money to a business.
Nature of Accounting
1 lecture01:52Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Nature of Accounting
1 lecture01:52Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Accounting functions preview Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Accounting has a very important function, and this is related to providing management with information in the form accounting reports which serve as an aid in planning for the future and controlling the day to day operations of the enterprise.
Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Function of Accounting Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Financial accounting provides the answers to such questions such as -How much cash do we have? How much do we owe suppliers? How much our customers owe us/
Accounting Theory
1 lecture00:39Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.Accountancy conventions Accounting practice rests on a foundation of basic concepts and conventions which are guides to procedure.
Accounting Theory.
1 lecture00:39Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.Accountancy conventions Accounting practice rests on a foundation of basic concepts and conventions which are guides to procedure.
Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accounting Conventions preview Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accounting practice is based upon the following conventions; accounting entity convention, monetary convention, historical record convention, the accounting period convention, and the going concern convention.
Accountancy conventions Accounting practice rests on a foundation of basic concepts and conventions which are guides to procedure.
Accountancy conventions Accounting practice rests on a foundation of basic concepts and conventions which are guides to procedure
Additional information
Due to the growth of machines, increase in business enterprise and establishment of corporation in the 19th century, the need for accounting information became a necessity. The industrial revolution sped up the necessity of Accounting, Economics and Statistics, though they differ, it is used in arriving at a business decision and for analyzing and interpreting the transactions of an accounting entity. In this course, an attempt has been made to describe the nature of accounting, practice of accounting divided into two namely; public accounting and commercial accounting. Accounting doctrines which are conservatism, disclosure, consistency and materiality are presented. In accounting, there are allied objectives; recording and providing information to assist all levels of management, accounting principles influenced by the pronouncement of the professional accounting bodies.