Scribd Logo
Upload

Welcome to Scribd!

  • ppt1 1

    Uploaded by

    jennygrahamsmith
    5 views4 pages
    This document is the overview chapter of a textbook on corporate financial reporting. It defines financial accounting as the process of capturing, analyzing, and reporting transaction information to statement users like investors, creditors, and management. The annual report communicates the results of a company's activities during the year. The learning objective is to define financial accounting and understand its relationship to economic decision-making.

    Original Description:

    Original Title

    ppt1.1

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document is the overview chapter of a textbook on corporate financial reporting. It defines financial accounting as the process of capturing, analyzing, and reporting transaction information to statement users like investors, creditors, and management. The annual report communicates the results of a company's activities during the year. The learning objective is to define financial accounting and understand its relationship to economic decision-making.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    5 views4 pages

    ppt1 1

    Uploaded by

    jennygrahamsmith
    This document is the overview chapter of a textbook on corporate financial reporting. It defines financial accounting as the process of capturing, analyzing, and reporting transaction information to statement users like investors, creditors, and management. The annual report communicates the results of a company's activities during the year. The learning objective is to define financial accounting and understand its relationship to economic decision-making.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 4

    Understanding

    Financial Accounting
    Third Canadian Edition
    By Christopher D. Burnley
    Prepared by Debbie Musil, FCPA, FCMA

    Chapter 1
    Overview of Corporate Financial
    Reporting
    This slide deck contains animations. Please disable animations if they cause issues with your device.

    Copyright ©2022 John Wiley & Sons, Canada, Ltd.


    Learning Objective 1
    Define financial accounting and understand its relationship
    to economic decision-making

    Copyright ©2022 John Wiley & Sons, Canada, Ltd. 2


    What Is Financial Accounting?
    • Process of capturing, analyzing and reporting
    transaction information to financial statement users
    • Statement users include:
    o Investors
    o Creditors
    o Management

    • Annual report: reports the results of the company’s


    activities during the year

    Copyright ©2022 John Wiley & Sons, Canada, Ltd. 3


    Copyright
    Copyright © 2022 John Wiley & Sons Canada, Ltd. or the author, All rights reserved.
    Students and instructors who are authorized users of this course are permitted to
    download these materials and use them in connection with the course. No part of
    these materials should be reproduced, stored in a retrieval system, or transmitted, in
    any form or by any means, electronic, mechanical, photocopying, recording or
    otherwise, except as permitted by law. Advice on how to obtain permission to reuse
    this material is available at http://www.wiley.com/go/permissions.

    Copyright ©2022 John Wiley & Sons, Canada, Ltd. 4

    You might also like