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Accounting Fundamentals: Dr. Reena Agrawal Assistant Professor-Accounting, Finance, Entrepreneurship, Design Thinking
Accounting Fundamentals: Dr. Reena Agrawal Assistant Professor-Accounting, Finance, Entrepreneurship, Design Thinking
Fundamentals
Dr. Reena Agrawal
Assistant Professor- Accounting , Finance,
Entrepreneurship, Design Thinking
Course Learning Outcomes
a simple manner.
Poll
Objectives of Accountancy
Identifying of Transactions
Recording in Journals
Poll
PROCESSING
INPUTS
Accounting Principles
Business Transactions (e.g.
purchases sales, receipts Accounting Standards
and payments etc.)
Management Estimates
External events (e.g. fire,
Laws and Regulations (e.g.
changes in tax laws etc.)
Companies Act and Income Tax Act)
Transaction Processing
Conventions
USERS
Accounting Records
Shareholders
Managers
OUTPUT
Suppliers
Profit and Loss Account
Creditors
Balance Sheet
Employees
Cash Flow Statement
Government
Explanatory Notes
Regulators
Management Commentary
Investors
Special Reports and
Security Analysts Analysis
Management Others
Group Shareholders
BOD Employees
Partners
Managers
Financing Group Public Group
Accounting
Poll
Thank You