会计英语

张念念

目录

  • 1 Introduction to Accounting
    • 1.1 What is Accounting
    • 1.2 The History and Development of Accounting
    • 1.3 The Role of Accounting
    • 1.4 The Qualitative Characteristics of Financial Information
    • 1.5 Accounting Elements and Accounting Equation
  • 2 Basic Accounting Standards
    • 2.1 Accounting Underlying Assumptions
    • 2.2 Accounting Basis
    • 2.3 Accounting Principles
  • 3 Recording Transactions
    • 3.1 Types of Transactions
    • 3.2 Source Documents
    • 3.3 Accounting Cycle
    • 3.4 The Ledger Accounts
    • 3.5 Chart of Accounts
    • 3.6 Double-Entry Accounting
    • 3.7 Recording Transactions in a Journal
    • 3.8 Posting from Journal to Ledger
    • 3.9 Trial Balance
    • 3.10 Correcting Errors
  • 4 Current and Non-current Asset
    • 4.1 Basic Concepts of Asset
    • 4.2 Current Asset
    • 4.3 Non-current Asset
  • 5 Current and Non-current Liability
    • 5.1 Basic Concepts of Liability
    • 5.2 Current Liability
    • 5.3 Non-current Liability
  • 6 Owner's Equity
    • 6.1 Forms of Business Organization
    • 6.2 Basic Concepts of Stock
    • 6.3 Ordinary Shares and Preference Shares
    • 6.4 Dividend
    • 6.5 Owner's Equity
  • 7 Revenue and Expense
    • 7.1 Revenue
    • 7.2 Revenue from Sales
    • 7.3 Common Types of Transaction
    • 7.4 Expense
  • 8 Basic Financial Statements
    • 8.1 Statement of Financial Position
    • 8.2 Income Statement
    • 8.3 Statement of Cash Flow
  • 9 Financial Management
    • 9.1 Working Captial Management
    • 9.2 Investment Appraisal
    • 9.3 Business Finance
  • 10 Audit and Assurance
    • 10.1 Internal Control
    • 10.2 Substantive Procedure
    • 10.3 Review and Reporting
The History and Development of Accounting

1.2 The History and Development

Accounting records date back to the ancient civilizations of China, Babylonia, Greece and Egypt.

The Great Depression led to the creation of the Securities and Exchange Commission (SEC) in 1934.

The American Institute of Certified Public Accountants (AICPA) and its predecessors had responsibility for setting accounting standards until 1973.

AICPA and the FASB began to establish the Generally Accepted Accounting Principles (GAAP) standards for the U.S.

The growth of organization, changes in technology, government regulation and the globalization of economy, a number of specialized fields of accounting have evolved such as human resource accounting, environmental accounting.