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Accounting (Stakeholders (Managers (Economic decisions, Efficiency),…
Accounting
Stakeholders
Managers
Economic decisions
Efficiency
Investors
Lenders
Employees
Suppliers and trade creditors
Government
Public
Customers
Transactions
Payments
Purchases
Bookkeeping
Sectors
Private
Public
Supervised
Laws and regulations
Agreements and standards
Rules
Boundary
Measurement
Ethical rules
Key aspects
Measuring
Monetary value
Identifying
Financial components
Communicating
Financial information
Used for
Planning
Controlling
Implementing
Records of business operations
Period of time
Fiscal year
Information
Accurate
Based on facts
Financial statements
Balance sheet
Resources
What
How
Where
Statement of income
Revenue
Expenses