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1) Accounting for all organizations - Coggle Diagram
1) Accounting for all organizations
2) -information in monetary terms
Managerial accounting information
7) types of manager"s decisions
financing decisions
resource allocate decisions
production decisions
marketing decisions
3) management functions
Planning
4) Budgeting (+function)
Implementation (5)manager should...)
Control (6)connection with...)
types of accounting managerial information
general
detailed
financial accounting information
8) external users of accounting information
stockholders, prospective stockholders in a corporation and their advisers (profits)
creditors and lenders
employees and their unions (increased wages)
customers
governmental users
10) investors in an enterprise (financial status and future prospects)
11) bankers and suppliers (financial soundness)
12) 3 basic reports (annual)
income statement
statement of capital
balance sheet
reports
annual
interim
13) American standards
Generally Accepted Accounting Principles,
International Financial Reporting Standards