BÀI GIẢNG kế TOÁN QUỐC tế chapter 4 sources,records and books of prime entry

... C Chapter 4: Sources, records and books of prime entry Chapter 5: Ledger accounts and double entry Chapter 6: From trial balance to financial statements Chapter SOURCES, RECORDS AND BOOKS OF PRIME ... note •Goods received note The role of source documents Books of prime entry The source documents are recorded in books of prime entry The role o...

Ngày tải lên: 05/12/2016, 23:18

... relate Accruals and prepayments Remember Remember that that the the financial financial statements statements are are prepared prepared on on an an accruals accruals basis basis and and that that accruals ... prepared prepared on on an an accruals accruals basis basis and and that that accruals accruals and and prepayments prepayments are are likely likely to to feature...

Ngày tải lên: 05/12/2016, 23:19

... settle that present obligation •Restructuring A programme planned and controlled by management Materially changes scope of business and/ or the way the business is conducted IAS 37 IAS 37 • Note Restructuring ... amount cannot be measured IAS 37 Contingent Asset A possible asset that arises from past events and whose existence will be confirmed by the occurrence of one or more uncertain...

Ngày tải lên: 05/12/2016, 23:19

... Part A Chapter 1: Introduction to accounting Chapter 2: The regulatory framework Chapter INTRODUCTION TO ACCOUNTING Learning Objectives The purpose of financial ... entity owes this cash to the owner (capital) Something valuable which an entity owns or has use of • A factory or warehouse • Inventories for resale • Cash Liability Something owed to somebody else ... emplo...

Ngày tải lên: 05/12/2016, 23:18

... Objectives The regulatory system IASB The regulatory system International influences EU IFAC UN OECD • The international influence on European accounting is very important All listed companies in the ... choice of accounting treatments – the ‘benchmark’ treatment and the ‘allowed alternative’ Most of these standards have now been revised to remove this choice There is now much...

Ngày tải lên: 05/12/2016, 23:18

... Part B Chapter 3: Accounting conventions Chapter ACCOUNTING CONVENTIONS Learning Objectives Background IAS The IASB’s Framework Criticisms Bases of valuation IAS Background • Accounting policies ... IAS Accounting policies, changes in accounting estimates and errors You should know the definitions of the following: •Prospective application •Retrospective application •Prior...

Ngày tải lên: 05/12/2016, 23:18

... Objectives The nominal ledger The accounting equation Double entry bookkeeping The journal and imprest system Day book analysis The receivables and payables ledgers The nominal ledger Ledger accounting: ... assets and liabilities is preserved • In a system of double entry bookkeeping every accounting event must be entered in ledger accounts both as a debit and as an eq...

Ngày tải lên: 05/12/2016, 23:18

... balance Trial balance • The balances are then collected in a trial balance If the double entry is correct, total debits = total credits The trial balance Errors A trial balance does not guarantee ... Learning Objectives The trial balance The income statement Statement of financial position Preparing financial statements The trial balance At the en...

Ngày tải lên: 05/12/2016, 23:18

... allowances Chapter 13: Provisions and contingencies Chapter SALES TAX Learning Objectives The nature of a sales tax and how it is collected Accounting for a sales tax The nature of a sales tax and ... Part D Chapter 7: Sales tax Chapter 8: Inventory Chapter 9: Tangible non-current assets Chapter 10: Intangible non-current assets Chapter 11: Accruals and prep...

Ngày tải lên: 05/12/2016, 23:18

... of conversion Inventory can include raw materials, work in progress, finished goods, goods purchased for resale •FIFO and average cost are allowed •LIFO is not allowed Note: Inventory excludes ... warehouse and actually counting the boxes on the shelves • Some businesses keep detailed records of inventory coming in and going out, so as not to have to count everything on the last day of t...

Ngày tải lên: 05/12/2016, 23:18

... acquisition of non- current assets, or an increase in their earning capacity Revenue expenditure is incurred for the purpose of trade or to maintain the existing earning capacity of the non- current assets ... a measure of the wearing out or depletion of a non- current asset through use, time or obsolescence • It is a means of allocating the cost of a noncurrent asset over its exp...

Ngày tải lên: 05/12/2016, 23:18

... Learning Objectives Intangible non- current assets Deferred development costs Intangible non- current assets • Non- current assets which have a value to the entity but no ... Examples: – Goodwill (see Chapter 19 on partnerships) – Leases – Patents and trade names – Research and development costs Deferred development costs IAS 38 Intangible assets • Pure or basic resea...

Ngày tải lên: 05/12/2016, 23:18

... Learning Objectives Irrecoverable debts and receivables allowances Accounting for irrecoverable debts and receivables allowances Irrecoverable debts and receivables allowances • A receivable ... Accounting for irrecoverable debts and receivables allowances If a reduction in the receivables allowance is required, then: Accounting for irrecoverable debts and...

Ngày tải lên: 05/12/2016, 23:19

... Part E Chapter 14: Control accounts Chapter 15: Bank reconciliations Chapter 16: Correction of errors Chapter 17: Preparation of financial statements for sole traders Chapter 14 CONTROL ACCOUNTS ... ACCOUNTS Learning Objectives What are control accounts? Discounts The operation of control accounts The purpose of control accounts What are control accounts?...

Ngày tải lên: 05/12/2016, 23:19

... Learning Objectives Bank statement and cash book Bank reconciliation Bank statement and cash book Bank reconciliation A comparison of a bank statement with the cash book The bank reconciliation ... cash book (e.g bank charges) • Timing differences: e.g cheques issued and entered in the cash book but not yet presented at the bank Bank reconciliation Proforma bank reconciliati...

Ngày tải lên: 05/12/2016, 23:19