Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Institute of Cost Accountants of India wikipedia , lookup
International Financial Reporting Standards wikipedia , lookup
Business ownership within England and Wales wikipedia , lookup
Expense and cost recovery system (ECRS) wikipedia , lookup
Mark-to-market accounting wikipedia , lookup
Principles of Accounts 會計學原理 Munsang College Why Accounting? (I) • HK is an international financial center • CEPA • Different business activities need different accounting knowledge Why Accounting? (II) • If you are an accounting clerk • You need to know HOW to: – Post the entries (入帳) – Calculate Profit or Loss (盈利或 虧損); – Prepare the Balance Sheet (資產 及負債表); – Make tax provision; – Deal with financial problems for the company, etc. Why Accounting? (III) • If you are the business owner • You should : – Know the company’s Profit or Loss; Assets (資產) and Liabilities (負債) – Make business decisions with the financial information of the company – Investigate business fraud if any Curriculum Broad understanding of the accounting theory and practice of accounting Curriculum (I) • • • • How to deal with transactions Classification of Ledgers (帳簿) Double-entry System Special accounting treatment, – e.g. Depreciation (固定資產折舊), Bad Debts (呆壞帳), etc. Curriculum (II) • Preparation of Trial Balance (試算表) • Preparation of Trading and Profit and Loss Account / Income Statement (購銷損益表) • Preparation of Balance Sheet (資產負債表) • Calculate Accounting Ratios (會計比率) • Accounting Concept (會計學基本概念) Types of Company • Sole Proprietorship (個人公司) • Partnership (合夥公司) • Limited Company (有限公司) Examinations • HKCEE (香港中學會考) • London Chamber of Commerce and Industry (英國倫敦商會 ) – Book-keeping (初級簿記) – Book-keeping and Accounts (中級會計及簿記) Career Prospects (Accounting) • If pass the professional examinations, you can be: – Company’s accounting officer – Tax officer – Auditor Am I eligible? • Are you interested in business activities? • Do you have basic arithmetical ability? • Are you willing to learn earnestly? • Do you work attentively and systematically? Hints to Success!!! Practice Makes Perfect