Một số câu hỏi về kế toán và phần mềm kết toán bằng tiếng anh, bài viế trả lời một sô câu hỏi liên quan đễ kế toán, thông tin kế toán, phần mềm kế toán, kế toán quản trị bằng tiếng anh. Tài liệu phù hợp với sinh viên chuyên ngành kế toán kiểm toán và được sử dụng đẻ dự thi, trả lời câu hỏi, trả lời phỏng vấn xin việc bằng tiếng anh
ACCOUNTING AND ACCOUNTING PROCESS What is accounting? Accounting is the process of identifying, measuring, recording, classifying, summarizing, interpreting and communicating the financial transaction and events What are some steps in accounting process? What are tasks of an accountant in general? Steps in accounting process Transactions are recorded in a journal daily Accountant periodically transfers transactions from a journal into a ledge Accountant makes trial balance Accountant makes financial statements The tasks of accountants are: + Prepares asset, liability, and capital account entries by compiling and analyzing account information + Documents financial transactions by entering account information + Recommends financial actions by analyzing accounting options What is a journal? A ledger? A journal is a book of original used in recording transaction for the first time A leger is a book which contains all accounts of a business, use to record transaction for the period What are three main types of financial statement? What they show? Balance sheet shows a company’s financial situation on a particular date It lists assets, liabilities and shares holders’ equity Basic accounting equation is Asset = liabilities+ owners’ equity Income statement shows earnings and expenditure, it often gives figures for total sales, turnover and costs Cash flow statement shows the flow of cash in and out of the business between balance sheet dates What is financial accounting information? For what purpose is it used? Financial accounting information shows financial information about a company’s profits, debts, cash flow… Purpose: is designed primarily to assist investors and creditors in deciding where to place their scarce investment resources What is management accounting information? For what purpose is it used? Management accounting information shows financial information in the manner which is easy to support management decisions Purposes: to assist management in running the business What are some different between FAI and MAI? FAI - Shows financial information about a company’s profits, debts, cash flow ect so that investors, creditors can measure the business performance - Fix format - Investor, current, bank worker-> both external and internal MAI - Show financial information in the manner which is easy to support management decisions It more details than FAI - Don’t follow fixed format, can be different between the company - Only internal: manager + use to evaluate the performance of business and employee +make future decision - Every time when the managers want - Annually yearly What is basic accounting equation? Asset = liabilities+ owners’ equity What are assets? Liabilities? Assets are things that a company owns that have value Liabilities are amounts of money that a company owes to others ... to place their scarce investment resources What is management accounting information? For what purpose is it used? Management accounting information shows financial information in the manner... Financial accounting information shows financial information about a company’s profits, debts, cash flow…... employee +make future decision - Every time when the managers want - Annually yearly What is basic accounting equation? Asset = liabilities+ owners’ equity What are assets? Liabilities? Assets