Please enable JavaScript.
Coggle requires JavaScript to display documents.
Financial Accounting - Coggle Diagram
Financial Accounting
What is accounting?
-
-
Design, operation, enforcement & renegotiation
-
-
-
Assets
= rights or other access to future economic benefits controlled by an entity as a result of past transactions
-
-
Categorisation of assets
Fixed assets
-
e.g. buildings, machines, patents
Current assets
-
e.g. inventories, accounts receivable, short-term investments