accounting
The
A counting
Relationship
System
Plans
related
to
statement of
earning
performance reports
continuous
+
statement
↓
financial statement
Peniodia
and
Detailed
reports
Reports
Accounting
between
financial
of
Managerial
Financia Accounting
Noles
Maker
Decision
System +
disclosures
Decision Maken
internal
ㅣ
Decision Maker
Easternal
evaluate the
Four
Financial
Basic
Statement of
&
Purpose ! to
>
significant
4
of
& Title
the
of
economic
>
-
either
in
> listed
-
the
or
by
They
the
Particular paint
the
decreasing
of
financing
Capital :
retained
What
>
Prefer
to
investment
amount
cash/ other
of
by
of
Profit
ㅣ
from delivery of
goods
and
Service
Revenue : Amount
hav
bee
the
in
monetary
value
of
Net
excess
of
earning : the
Period
Shareholder
business/Pay investor
for
more
of
performance of
goods
than
their
cost
to
a
business,
ㅣ
less
revenue
-
period !
the
by
time
the
period
financial
Earning
Net
=
used
to
delivered to
paid
+
Revenue
excpenses
earned
winus
incurred
revenue
period
has
company one to
in
earning
net
or
earn
expected
customer
Expense ! the
to
the
Cast , inventory
Exc!
assets
reinvested
primary measure
accounting period
resource
supplier,
shareholdov
the
sell
to
I
Resource earned
be
received
for goods
or
service that
a
customer
whether
or
not
for the
resource
total
1
sell
Expense
Revenue .
Capital, retained
earning
Creditors
>
business
income
shareholden
contributed
29 :
What
own
accountants
net
use
Equity
Financing from
the
Accounting
-
Shareholder
+
employee, bank
-
the
and
the
to
Company
the
earning !
during
and
Provided
!
expenses
b collected
to
eg : amountowed
Maturity (due date)
Statement of earning Report its ability
&
acquire
the
are
creditors
building
business and
the
financial
organization of
the
Financing from
inventory
,
earning
> contributed
equity)
holder
share
Liabilities
=
resource
ey: cash
obli atisn
of
-
reports
ㅣ
Economic
by
Provided
order
owners
resource
.
Assets
convertibility to cash
or
of
and
data
entity
debts
g
or
liabilities,
,
> Accounting entity :
statement
their
of
company
are
assets
those
reported
by
financing
reinvested
Purpose!
a
event
business
amount
by
-
at
of
entity
the
controlled
of
eithe increasing
Shareholder equity :
of
decreasing order
amount
creditor.
(amount
measure
past
of
increasing
Liabilities :
of
resource
result
Position
financing
of
source
and
Statement
date
Unit
owns
items
accounting
the
③ Specific
④
financial
it
resource
economic
the
reports
accounting entity
an
Identify
asa
Position !
the
report
& Name
Assets :
Statement !
financial
of
-
Company
revenue
good
the
over
or
the
service
entity
used
total
expense
up, or
consumed
incurred
,
to
to
earn
revenue
generate revenue
during thePeriod
during
a
specific
covered
statement
③
Statement
of
Change
Equity! Reports
in
from
contribution
earning
the
company
for
reinvested
easily
during
earning
distribution
of
earning
show
how
net
affect
the
position
(dividends)
categories
equity
toShareholder
changes
period
accounting
the
other
and
distribution of dividend
earning and the
financial position during the accounting Period
company
the
earning
Net earning
+
and
cash
cash
inflow
of
flow in
a
cash
Dividends
-
company
a
divides
growth
future
net
way
retained
during
Cashflow : reports its ability to generate
of
Purpose :
the
affected
Beginning
버
financial
company
report
:
Statemont
net
,
Period
accounting
the
,
earning
Retained
shareholder
change
and
share holders
to
Payment
or
imaannafe
>
to
all
report
-
δ
of
amount
the
Purpose !
additional
Ending
=
it
how
was
used
outflow
and
into
primary
three
business : Cash flow from
typical
earning
retained
operating
,
>
-
investing and
,
_
financing activity
be
may
>
Expense
-
Raid
period
>
-
Net
>
period
the
paided
and
sash
received minus
,
concorning
and
the
Cash
flows
the
the
b
may
earning)
amount
Raid during
the
of
statement
Property
:
They
,
>
-
Provide
description
in
>
-
3
the
company
Basic
type
①
the
&
③
The
amount
equal
Prepared
that
to
directly
are
to
,
both
involve
receipts
Creditor
and
and
(eaccept
inflow
report
Payment
earnings
generating
or
sale
of
of the
Cash
(CFC)
company
from/to
for suppliers)
STATEMENT :
of
the
accounting
rule
applied
statement
of
NOTES
first
type
Company
th
information
Cashflow related to acquisition
and investment
Plants equipment,
investors
FINANCIAL
is
flow
include
mean
Period
Cash flow
of
:
TO
one
doesn't
doesn'tProvide
Earning
Cash
NOTE
cash
in
incurred
Net
=
:
CH2
o
equal
another
statement
,
outflow of cash
in
be
not
may
expense
expense
-
be
Earning
because
for
[Revenue
therefore
of
statement
earning
of
-
the
on
during
out
one
credit
on
reported
salos
Provides
descriptions of
the
accounting
rules
applied
in
the
Statement
second
Present
themselves
Presents
additional
additional
financial
detail
about
discloses
a
line
on
about items
financial
not
statement
listed
on
the
statements
Responsibilities for
>
-
Understandability
Decision
maker
the#
on
>
-
is
Ethics
unfair
from
measurement
rules
in
applied
computing
of
conduct
for
judging right from
wrong,
mis
reporting
of
financial
is
from
honest
behavior
dishonest
,
and
fair
Practices
> intentional
>
the
understand
I
-
-
to
need
statements
the
standard
ar
foundation of effective Communication
the
also
Conduct
Ethical
what the
understands
intend toConvey
sender
>
Process
communication
recipient
Communication :
effectiv
-
accounting
th
individual
involve
to
weight
one
🔗
and
due
care
statement
principle
moral
unethical/illegal
both
against
another
Code
Ethical
INTEGRITY
&
⑤ OBJECTIVITY
Competence
③ Professional
>
-
④
confidentiality
⑤
Professional
behavior
CPAs
will
have
higher
serve
the
public
interest
Profession
Internal
Primary
now !
to
the
level
and
and
maintain
reputation
Public
the
Protect
responsibility to
accountability
of
good
of the
Control
Responsibility!
①
Prevent
Setting up System to
the highest financial officer
develop
assets
maintain
and
of
the
system
lies
Control
over
both
management
the
by
!
company
a
which
safeguard
its
represented
records
company
control The Process
internal
Internal
of
with
behaviou
Unethical
detect
and
assets and
and
Provides
the company
financial reporting
regarding the reliability of
,
effectiveness and efficiency of its operation and its compliance
>
-
Prevent
>
-
②
hire
outside
Presentations
what
assets !
,
auditors
to
claim
and
receivable / investments/plants
Cash
and
outright
attest
to
financial
examine
they
regulation
errors
independent
the
,
and
inadvertent
independent auditor!
represent
all
to
extend
the
reasonable
assurance
withapplicabl law
by
conform
so
.
On
fraid
fairness
the
reports
to
and
to
of
ensure
the
statement
that
they
generally accepting accounting
Principles
)
Professional
vortine
audit
> O
-
Obtain
S
tatement
due
=>
of
responsibility
to
is
who
Conduct
froud
Statement
,
external
two fold
abou weather
the
assurance
reasonable
from material
free
whole
asa
are
secondly
Audit
accountants
or
error
their
responsibility
to
report
and
Communicate
as
required
standard
financial
misstatement
(CAS)
on
the
financial
by
the
Canadian
> Audit or
publicly
-
according
>
-
CPAs
to
comply
criminal
③
an
no
fully
with
and
penalties
to
form
a
committee
these
on
reporting
whether
arePrepared
,
in
all
material
framework
for
Proceedings
financial
the
detecting
CAS and fraud is
responsible
Civil
those
of
opinion
applicable financial
to
ar
express
and
or
liable
preventing fraud . However
revealed
for
they
significant
are
if
the
fail
to
subject to
financial
harmed
safeguards
of
the
board
of
directors
to
oversey
the
integrity