Principles of Accounts
C.Y. Tin
Course Aims:
• 1 To understand the method of preparing a
financial statement.
• 2 To prepare a full set of books for a
business firm.
• 3. To evaluate the performance of a
business firm.
• 4. To understand the basic principles of
accounting concepts.
Book-keeping (簿記)
•
•
•
•
1
2
3
4
Basic Principles of book-keeping.
Double Entry Rule.
Journal Entries and daybooks.(曰記賬)
Ledger accounts (分類賬):
a
b
c
d
cash book(現金賬)
sales ledger(銷貨賬)
purchases ledger(購貨賬)
general ledger(總賬)
Accounts for different types of
Companies
• To prepare final accounts (年終賬目) for
different types of business units:
1.
Sole trader company
2.
Partnership company
3.
4.
Clubs
Limited company
Special book-keeping skills
1. Methods to correct book-keeping errors.
2. Bank reconciliation statement.
3. Issue of shares and debentures.
(發行股票及債券的會計處理)
4. Partnership dissolution.
(合伙公司倒閉時的會計處理)
Accounting theory
• To understand the theoretical background of
accounting.
• The Accounting Conventions.
Analysis of Accounts
Using accounting ratios to analyze the
accounts of a business unit so that we can:
1. evaluate it’s financial stability
2. evaluate it’s profitability and performance
Thank You!