1)Financial accounting theory
°Tax year
°Tax exempt
2) Investment accounting
°Interest
°Rate of return
°Funds
3)Double-entry bookkeeping Part 2
°Expenses
°Cost
°Income
4)Annual reports and financial statements
°Bottom line
°Sales tax
5) Accounting ethics
°Tax evasion
°Unethical
1) What is investing accounting?: R/:When we talk about investments, we refer to those made by the company in other companies, or in investment instruments especially in the financial sector
°Shares in other companies
°Bonds
°Certificates
°Titles of different kinds such as CDT
°Futures
°Accounts in participation
°Trust investments.
°Modern instruments like forex bitcoin
2) What is reported in an annual financial statement?:
R/:General financial balance
Describes the current situation that a company is going through based on three fundamental aspects
°assets
°liabilities and net worth
3) What is accounting ethics?
R/: following specific rules and guidelines set by governing bodies that every person associated with accounting should follow to prevent misuse of the financial information or their management position
BOCABULARY
1. Financial Accounting Theory
In Spite Of
Compete
Dollar
2. Investment Accounting
Bon
Return
Funds
3.Double Entry Bookkeeping Part 2
Costs
Salari
Payment
4. Annual Reports And Financial Statements
Balance Sheet
Lending
Due
5. Accounting Ethics
Patrimonial
Evation
Financial Statements
3.3
MARKET- "The capability to existing or performing in harmonious, agreeable, or congenial combination." A standard dictates what can be included in a network by forcing compatibility among the network.
APPRECIATION
Appreciation, in general terms, is an increase in the value of an asset over time. The increase can occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease in value over time.
FIXED
The term fixed cost refers to a cost that does not change with an increase or decrease in the number of goods or services produced or sold.
3.3
-debt to capital
-financial structure
-overstate
-du pont identity
-lender
-ROE
-creditor
-leverage
-commitment
-lending
-current ratio
-shareholders´ equity
-understate
-excess reserves
-turnover
Vocabulary:
* Profit
* Ethics
* Net profit
* gain
* income statement
* P&L statement
* profit margin
* retained earnings
* Fixed asset
* Allowance
* Loan
* Loss
* Debit balance
* Aurito
* Book value
1. Financial accounting theory
attribute
tax-exempt
tax year
2. Investment accounting
funds
interest
rate of return
3. Double-entry bookkeeping Part 2
income
expenses
cost
4. Annual reports and financial statements
sales tax
balance sheet
bottom line
5. Accounting ethics
ethically
unethical
tax evasion
1. What is investing accounting?
It is the money that the company gives to be able to have benefits later and is accounted for as an investment.
2. What is reported in an annual financial statement
Statement of income
Investment status
cash flow statement
3. What is accounting ethics?
Applied in the accounting profession, professional ethics is established as a fundamental principle based on the moral acts carried out by accountants in particular situations produced by their administrative duties.
1.
its purpose is to invest investors' money between stock market instruments, let's say, buying and selling shares that allow investors to increase their capital.
2
It requires a complete presentation of the effects of transactions, as well as other events, recognition of assets, liabilities, income, and expenses established in the conceptual framework
3
It is established as a fundamental principle based on the moral acts carried out by accountants in particular situations produced by their administrative duties.
1. What is investing accounting?
*Investment accountants focus on accounting for investments at brokerage and asset firms. They also process investments and monitor third-party activity.
2. What is reported in an annual financial statement?
*Financial statements, including the balance sheet, income statement, and cash flow statement.
3. What is accounting ethics?
*Accounting ethics refers to following specific rules and guidelines set by governing bodies that every person associated with accounting should follow to prevent misuse of the financial information or their management position.
1. The Investing accounting concerning the that company in others company, for example:
* Bonds
* Fiduciary investments
* Bitcoin and Forex
2. The reported in an annual financial statement is the state the company, to know if there was a loss or earnings
3. The Accounting ethics is recognized as the science regulation that study them duties and them rights. In Accounting the IFAC a cast code ethics.
1.It is the investment from which the company expects to have a future return or benefit, it must be accounted for as an investment, for example: Bonds, fiduciary investments, among others.
2. The financial statement relates the income obtained,and the costs and expenses incurred by an economic entity during a given period, in order to calculate the financial result of the latter (period).
3. It is the responsability and attitude transparent about the impacts of policies, decisions, actions, products and performance associated with an organization.
1.It is the program through which the administrative, financial, tax and accounting aspects of the active operations of an economic entity are developed in detail and with great care, in light of national and international standards.
2.balance sheet.
3.It is established as a fundamental principle based on the moral acts carried out by accountants in particular situations produced by their administrative duties.
