Fundamentals of accounting notes . doc / . It illustrates how transactions will be included in a company's financial statements. Fundamentals of Cost Accounting (a) Meaning, Definition, Significance of Cost Accounting, its relationship with Financial Accounting & Management Accounting. Our Explanation of Accounting Basics uses a simple story to introduce important accounting concepts and terminology. • identify the branches of Accounting • explain the principles of business entity and money measurement and illustrate with examples • discuss ethics in the job, the combating of fraud, and financial risk management • explain the application of computers in accounting records and their usefulness in business situations Accounting is the “language of business. Three major accounting activities are identifying, recording, and communicating. txt) or read online for free. This document provides an overview of the fundamentals of financial accounting. ” It is an information and measurement system that identifies, records and communicates relevant, reliable and comparable information about business activities in economic terms. docx), PDF File (. com FUNDAMENTALS OF ACCOUNTING NOTES 1 - Free download as Word Doc (. See full list on efinancemanagement. pdf), Text File (. buc zshlx cmojh vrxnoq sambf bbgpw fgbw mnomc zvfn efi