This provides information on the background of financial accounting and management accounting and their differences and info on assets , liabilities, equity and examples and more other things are given .Check and follow me for more info on Financial accounting
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INTRODUCTION TO FINANCIAL ACCOUNTING
UNIT 1: A BACKGROUND TO FINA
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ACCOUNTING
1
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INTRODUCTION TO FINANCIAL ACCOUNTING
UNIT 1: A BACKGROUND TO FINA
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ACCOUNTING
2
OUTCOMES FOR TODAY’S WEBINAR
• Define accounting
• Distinguish between financial accounting and management accounting
• Explain the characteristics of the different types of business entities
• Analyse transactions by means of the accounting equation
• Have an understanding of the accounting cycle
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