No need to wait for office hours or assignments to be graded to find out where you took a wrong turn. Introduction to accounting it is the system of recording, summarizing, and analyzing an economic entitys financial transactions. To learn a foreign language like accounting, you need quite a bit of practice in the basic foundations grammar, syntax, idioms, etc. Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. Introduction 3 accounting theory 5 the fasb conceptual framework project 8 the iasciasb framework 11 the asbs statement of principles 12 summary 21 recommended reading 21 questions 22 2 sources of authority. Welcome to the national open university of nigerias ecourseware. Once you become familiar with some of these terms and concepts, you will feel comfortable navigating through the explanations, quizzes, puzzles. Cost accounting is a branch of accounting and has been developed due to limitations of financial accounting. It is an extensive revision of the author s wellknown costing text, and provides the student with a complete introduction to cost accounting. Notes on introduction to ledger grade 9 accountancy. It emphasizes on the fact that every transaction has a two sided effect i. Introduction to accounting 5 information is summarised as per wellestablished practice and is made available as and when required. The council of the association of accountancy bodies in west africa abwa recognised the difficulty of students.
This dictionary provides a basic vocabulary of terms used in accounting, from personal finance and. Free download of course materials of the national open university of nigeria noun for all courses, in pdf format. It is the final source of all accounting information. Topic 3 business accounting process and procedures. Welcome to the national open university of nigerias ecourseware warning. Adjective to pay determination affected to accept useful content. Please help to improve this section by introducing more precise citations. Download noun ecourseware course materials in pdf for all. Relevant exercises are included at the end of each chapter, with solutions at the end of the book. Introduction the purpose of this manual is to describe all accounting policies and procedures currently in use at organization and to ensure that the financial statements conform to generally accepted accounting. Feb 26, 2020 accounting usually uncountable, plural accountings the development and use of a system for recording and analyzing the financial transactions and financial status of an individual or a business.
Accounting attempts to recognize noncash events and circumstances as they occur. This page is created, so as to help get all noun students informed, who would love to freely download the noun course materials for study were happy to inform all students of the national open university of nigeria, that the noun course materials downloads is now free and you can download or see your particular course and download the materials here. History and development of accounting record ancient accounting record. Pdf introduction to co operative accounting dennis sang. Pdf introduction to co operative accounting dennis. Rogers helps students to investigate the impact of industry. Rules of double entry accounting system introduction accounting is a business language. The study of financial accounting is to familiarize you with this subject matter. Introduction to accounting basics this explanation of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology. Pdf from acc 203 at national open university of nigeria. Acc215 cost accounting administration outline course.
Aat abbreviation association of account ing technicians abacus abacus b. Master the technical skills needed to analyze financial statements and disclosures. Principles of accounting, introduction to accountancy, the accounting equation, double entry, debtors, creditors, prepayments, accruals and depreciation. The relevance and utility of leading accounting research pdf, the association of chartered certified. Commercial, financial purposes other than educational the ecourseware is a repository of available digital course material of the national open university that will help you in your course of studies. This is the official national open university noun ecourseware school of management sciences nou. National open university of nigeria noun course materials. Download noun ecourseware course materials in pdf for. Select any course and level of study, click on the course title to get noun ecourseware for the course. This program is a product of the agencys small business training network and is championed by the office of entrepreneurial development.
Review, contemporary accounting research, and journal of the american taxation association. The book an introduction to indian government accounts and. Commercial, financial purposes other than educational. This course is an introduction to the use of accounting information by managers for decision. It embraces the basic techniques and underlying theoretical concepts in accounting and shows how these are applied in various circumstances. Sloan school of management massachusetts institute of technology. The ecourseware is a repository of available digital course material of the national open university that will help you in your course of studies.
Raedy has taught a number of courses in financial reporting at the graduate level, including core financial reporting both introductory and intermediate accounting, international financial reporting, and forensic accounting. Introduction to accounting i lecture notes page 1 of 20 introduction to accounting acnt 3 lecture notes general information for completing the class the following is a summary of the twelve chapters that you will be completing this semester. Be sure that you are taking the time to read and study each chapter. Mar 28, 2002 the fully revised and updated edition of this textbook provides an accessible introduction to accounting for students coming to the subject for the first time. It is a mechanism of accounting through which costs of goods or services are ascertained and controlled for different purposes. Course overview introduction to accounting explores the field of accounting, covering the process of recording, analyzing, classifying, summarizing, and communicating accounting information. Department of accounting acc 111 introduction to accounting i. This material is absolutely essential for being able to read and to understand books written in the language in our case, financial statements.
Students will have the opportunity to learn how to interpret and formulate financial information for use in management decision making. Page 2 introduction to business accounting course structure this course is divided into five units. Guidelines for noun graduation clearance 2020 all nigerian. Introduction to accounting pru marriott, j r edwards. Noun school of management sciences course materials. Accounting is a comprehensive system to collect, analyze, and communicate financial information. We can use this language to communicate financial transactions and their results. Cost accounting was born to fulfill the needs of manufacturing companies. The economic events ar e identified, measur ed and r ecorded. The list will be updated regularly so as to guide courses and exams. Nov 17, 2017 in accordance with the national universities commission nuc requirements, the codes andor titles of some courses in various faculties of the national open university of nigeria, noun have been changed. Once you become familiar with some of these terms and concepts, you will feel comfortable navigating through the explanations, quizzes, quick tests, and other features. Sep 28, 2009 accounting policies and explanatory notes important additional notes to define statement prepared e.
View notes acc203 introduction to financial accounting i. Free accounting books download ebooks online textbooks. Introduction definition of introduction by the free. National open university noun ecourseware school of. Introduction to accounting small business administration. Accrual is concerned with expected future cash receipts and payments. This foundation course in accounting aims at exposing the students to basic techniques of classifying and recording the different types. Those who rely on financial information include internal users, such as a companys. This blog post is available as a convenient and portable pdf. Introduction to the elements of accounting, marketing, insurance. It is the system of recording, summarizing, and analyzing an economic entitys financial transactions. Introduction to accounting, acca f3 acca f3 chapter 1 introduction to financial accounting free resources for acca and cima students free acca and cima on line courses free acca, cima, fia notes, lectures, tests and forums.
Learn introduction to financial accounting from university of pennsylvania. India have developed standard accounting and auditing practices to guide the. Costing and cost accounting, cost classification, labour, importance of labour cost control, time wage system, methods of costing, contract costing, cost control techniques. The generally accepted accounting principles gaap is a group of accounting. This is a selfpaced training program designed to provide an overview of accounting. Accounting equation the source document is the origin of a transaction and it initiates the accounting process, whose starting point is the accounting equation.
Raedy has taught a number of courses in financial reporting at the graduate level, including core financial reporting both introductory and intermediate accounting, international finan. Acc 12 nigerian constitution and accounting 2 c 3 eco 1211 economic theory and principles i 2 c 4 eco 12 introduction to statistics i 2 c. Mar 07, 2019 national open university of nigeria graduation clearance, noun convocation clearance procedure, noun clearance form pdf download and how to pay noun convocation fee the long awaited noun 2020 gradation list is out, check your name on noun 2020 convocation list. Effectively communicating this information is key to the success of every business. Examination of the accounting practices to record and control material, labor, and overhead costs. After you have seen your name, the next step is to prepare the necessary documents. Accounting equation is based on dual aspect concept debit and credit.
Accounting is about keeping track of money, so you simply cant afford to make mistakes. Basic accounting principles business environment 64 the results disclosed in the financial statements will be uniform and comparable. It helps to ascertain the true cost of every operation, through a close watch, say, cost analysis and allocation. This blog post is available as a convenient and portable pdf that you. An integrated approach 5th edition solution manuals or printed answer keys, our experts show you how to solve each problem stepbystep.
Welcome to sbas online training course, introduction to accounting. Study includes joborder, process cost and standard cost systems for manufacturing and. Accounting or accountancy is the measurement, processing, and communication of financial. Current students are advised to view the list below and register accordingly. The act or process of introducing or the state of being introduced. Nov 10, 20 accounting equation the source document is the origin of a transaction and it initiates the accounting process, whose starting point is the accounting equation.
Vickery, ledger is a book of accounts which contains in a suitably classified form, the final and permanent record of traders transactions. Hcm145, geography of tourism, 100, 4, agricultural sciences, hcm145. The ecourseware is part of noun contributions towards open educational resource. An accounting standard is a principle that guides and standardizes accounting practices. In accordance with the national universities commission nuc requirements, the codes andor titles of some courses in various faculties of the national open university of nigeria, noun have been changed.
National open university of nigeria graduation clearance, noun convocation clearance procedure, noun clearance form pdf download and how to pay noun convocation fee the long awaited noun 2020 gradation list is out, check your name on noun 2020 convocation list. Noun national open university of nigeria ii course guide. He was required to give a thorough accounting of his time. Noun school of management sciences course materials are you aware that the national open university of nigeria, has just released and upload the latest and current noun school of science and technology course materials for all students of the academic institution, to help them study with ease their courses of study in the institution. Accounting introduction naccounting is the art of identifying, measuring, recording, and communicating economic information about an organisation or other entity, in order to permit informed judgments by users of the information.
1035 646 297 965 134 1068 300 659 722 39 950 1108 1088 1165 1211 65 1452 803 1396 612 268 377 1283 1317 413 1002 1026 627 1394 1087 1071 163 165 408 739 553 705 1483 437 942 650 510 263