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Management

Basics of Accounting & Information Processing

Larry M. Walther - Personal Name;

You likely have a general concept of what accountants do. They capture information about the transactions and events of a business, and summarize that activity in reports that are used by persons interested in the entity. But, you likely do not realize the complexity of accomplishing this task. It involves a talented blending of technical knowledge and measurement artistry that can only be fully appreciated via extensive study of the subject. The best analogy is to say that you probably know what a heart surgeon does, but you no doubt appreciate that considerable knowledge and skill is needed to successfully treat a patient. If you were studying to be a surgeon, you would likely begin with some basic anatomy class. In this chapter, you will begin your study of accounting by looking at the overall structure of accounting and the basic anatomy of reporting.
Be advised that a true understanding of accounting does not come easily. It only comes with determination and hard work. But, if you persevere, you will be surprised at what you discover about accounting. Knowledge of accounting is very valuable to business success. And, once you conquer the basics, accounting is actually quite an interesting subject


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Detail Information
Series Title
Basics of Accounting & Information Processing
Call Number
-
Publisher
: ., 2010
Collation
1-51
Language
English
ISBN/ISSN
978-87-7681-583-7
Classification
NONE
Content Type
-
Media Type
-
Carrier Type
-
Edition
1st Edtion
Subject(s)
Accounting
Specific Detail Info
-
Statement of Responsibility
-
Other version/related

No other version available

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  • Basics of Accounting & Information Processing
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Accra Metropolitan University
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About Us

Accra Metropolitan University is a forward-thinking, private higher education institution in Ghana dedicated to empowering minds and shaping futures for sustainable global development. Fully accredited by the Ghana Tertiary Education Commission (GTEC), the university is built on the core pillars of LIFE: Leadership, Innovation, Flexibility, and Entrepreneurship.

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