AccountingBasics英语会计基础教学

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会计基础英文版第九版课程设计

会计基础英文版第九版课程设计1. IntroductionThe Accounting Fundamentals course is designed for students who are interested in developing a strong foundation in accounting principles, concepts, and practices. This course is the ninth edition of the Accounting Fundamentals series and has been developed with a focus on helping students understand the basics of accounting through practical examples, discussions, and exercises. The course is designed to provide students with an understanding of the accounting cycle, financial statement preparation, and the use of accounting information in decision-making processes.2. Course objectivesThe objectives of the course are as follows:1.To provide students with an understanding of accountingprinciples, concepts, and practices.2.To help students expln the accounting cycle and preparefinancial statements.3.To enable students to use accounting information to makebusiness decisions.4.To develop students’ critical thinking skills and problem-solving abilities through practical examples and exercises.5.To prepare students for further studies in accounting,finance, and business.3. Course outlineThe Accounting Fundamentals course will cover the following topics:1.Introduction to accounting–Definition of accounting–The accounting cycle–Types of accounting–Ethics in accounting2.Financial statements–Balance sheet–Income statement–Statement of cash flows3.Accounting principles–Accounting equation–Journal entries–T-accounts–Debits and credits4.Inventory accounting–Methods of inventory accounting–Cost of goods sold–Valuing inventory5.Receivables and payables–Accounts receivable–Accounts payable–Bad debts6.Depreciation–Strght-line method–Accelerated method–Depreciation schedules7.Budgeting–Budgeting process–Types of budgets–Budgeted balance sheet and income statement8.Decision making–Cost-volume-profit analysis–Marginal analysis–Break-even analysis4. Course resourcesThe following resources will be provided to support students’ learning:•Textbook: Horngren’s Accounting Fundamentals (9th editi on) by Tracie L. Miller-Nobles, Brenda L. Mattison, and Ella MaeMatsumura.•Lecture slides: PowerPoint presentations covering the course topics and learning objectives.•Online quizzes: Multiple-choice quizzes to assess students’ understanding of the course material.•Practice exercises: Hands-on exercises to develop students’ skills in applying accounting principles and concepts.•Discussion forums: Online discussion forums to facilitate discussion and collaboration among students.5. EvaluationThe following components will be used to evaluate students’ performance in the Accounting Fundamentals course:•Quizzes: 20%•Practice exercises: 30%•Midterm exam: 25%•Final exam: 25%6. ConclusionThe Accounting Fundamentals course is designed to provide students with a comprehensive understanding of accounting principles, concepts, and practices. Through practical examples, discussions, and exercises, students will develop critical thinking skills and problem-solving abilities necessary for success in accounting, finance, and business. By the end of the course, students will be equipped with the knowledge and skills required to prepare financial statements, use accounting information to make business decisions, and pursue further studies in accounting and related areas.。

基础会计(双语)教学说课

精心整理课程教案2014—2015学年第二学期课程名称：会计英语Part1Basicofaccounting1.WhatisaccountinganditsroleinBusinessAccountingbranches2.Financialstatements⏹Balancesheet⏹Incomestatement⏹Statementofcashflows⏹StatementofchangesinequityAssets⏹Assetsarevaluableresourcesownedbytheentity.4.Conceptsthatgovernallaccounting⏹(5)Theasset-measurementconcept资产计量Ifreliableinformationisavailable,anassetismeasuredasitsfairvalue. Thefairvalueofmostassetsisknownonthedatetheassetwasacquiredbecausethebuyerandtheselleragreedonthea mount.⏹Ingeneral,assetssuchasland,buildings,equipment,andinventorieshavethischaracteristic:⏹Theirfairvaluecan’tbereliablymeasuredexceptatthetimetheywereacquired.⏹Theyarereportedatcostoranumberbasedoncost.⏹Theassets-measurementconceptcombinesbothtypesofassets:⏹Ifreliableinformationisavailable,theamountofanassetismeasuredatits______;otherwisethemeasurementisb asedonits_______.Whymeasuringassetsatcost?⏹Estimatingfairvalueofeachassetmaybeexpensiveandunreliable.⏹Manyassetsarenotgoingtobesoldinthenearfuture.Theentityandthosewhouseitsbalancesheetthereforedon’tn eedtoknowthefairvalueoftheseassets.⏹Monetaryassets,forexample,cash,securitiesandbonds,arethosethathaveaclaimonaspecifiedamountofmone y.⏹Land,buildings,equipmentandinventoryarenonmometaryassets.⏹Ingeneral,monetaryassetsarereportedat________;⏹Nonmonetaryassetsarereportedat___________.⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹oxes.Assets⏹⏹⏹⏹⏹⏹Whichofthesewouldqualifyasassetsofacompanythatsellsdresses?A.Thecompany’srighttocollectamountsowedbycustomers.B.Regulardressesheldforsale.C.Dressesthatnoonewantsbecausetheyhavegoneoutofstyle.D.Acashregisterinworkingcondition.E.Acashregisterthatdoesn’tworkandcan’tberepaired.Assets⏹Cashandotherassetsthatareexpectedtobeconvertedintocashorusedupinthenearfuture,usuallywithinoneyear ,arecurrentassets.⏹Assetsthatareexpectedtobeusefulforlongerthanonefutureyeararecallednoncurrentassets.Liabilities⏹Liabilitiescanberegardedeitherasclaimsagainsttheassetsorasoneofsourcesfromwhichtheassetswereacquired.Liabilities⏹Currentliabilitiesareclaimsthatbecomeduewithina[short/long]time,usuallyin________.⏹Noncurrentliabilitiesduewithina[short/long]time,usuallyin________.CurrentRatio⏹Thecurrentassetsandcurrentliabilitiesindicatetheentity’sabilitytomeetitscurrentobligations—CurrentRatio .thecurrentratio=currentassets/currentliabilities※acurrentratioofatleast2to1isdesirable.Equity•Atruckownedbyanentityandusedtotransportitsowngoodsisinventories.[T/F/Notgiven] TangibleAssets&IntangibleAssetsTangibleAssets—havephysicalsubstance,canbetouched(Inventory,Plant,Equipment,Buildings,Trucks,Mac hines,etc.)IntangibleAssets—havenophysic alsubstance,can’tbetouched(PatentsandTrademarks,Goodwill,etc.) •Afireinsurancepolicythatprotectstheentityagainstlossescausedbyfiredamage[is/isn’t]anasset.•Andbecausethepolicycoversonlyashortperiodoftime,theassetisa[current/noncurrent]asset.•Theinsurancepolicyhavenophysicalsubstance,exceptasapieceofpaper,soitisa(an)_________asset. •PrepaidExpenseisthenameforintangibleassetsthatwillbeusedupinthenearfuture.Theyareintangiblecurrenta sset,suchasprepaidinsurancepolicy.NoncurrentAssets •Noncurrentassetsareexpectedtobeusedintheentityformorethan_________.(howlong) •Property,PlantandEquipmentare_________.BalanceSheetshowsthe[cost/fairvalue]ofnoncurrentassets. Exhibit1alsoshowsthataportionofthecostofthisassethasbeensubtractedfromtheoriginalcostbecauseithasbee••Netidentifiableassets_______•GradypaidBaker$1,400,000•Therefore,goodwillwas_______CurrentliabilitiesCurrentliabilitiesareobligationsdueinthenearfuture,usuallywithinoneyear.•AccountsPayable•BankLoanPayable•AccruedLiabilities•AccountsPayablearetheoppositeofAccounts______;thatistheyareamountsthat[thecompanyowestoitssuppli ers/areowedtothecompanybyitscustomers]. •SmithCompanysoldapersonalcomputertoBrownCompanyfor$3,000.BrownCompanyagreedtopayforitwith in60days.InBalanceSheet,SmithCompanywouldreportthe$3,000asAccounts______andBrownCompanywo uldreporttheamountasAccounts________. •BankLoanPayableisreportedseparatelyfromAccountsPayablebecausethedebtisevidencedbyapromissoryno te.※Amountsowedtoemployeesandothersforservicestheyhaveprovidedforwhichtheyhavenotbeenpaidarelist•Theamountsofassets,liabilitiesandequityofanentity[remainconstant/changefromdaytoday].Thereforethea mountsshownonitsbalancesheetalso[remainconstant/change]. •Eacheventthatisrecordedintheaccountingrecordsiscalledatransaction. •Cashismoneyonhandandmoneyinbankaccountsthatcanbewithdrawnatanytime.OnJanuary2,ifJohnSmithde posited$8,500 inthebankinsteadof$10,000andkept$1,500inthecashregister,itscashatthecloseofbusinessonJanuary2wouldbe________. •Amountsonabalancesheetarelistedaccordingtothecurrency.Generally,theitemwiththemostcurrentislistedfir st.•Long-termDebt•AccountsPayable(duein60days)•Whenanentityborrowsmoney,itmaysignawrittenpromisetorepay.Suchawrittenpromiseistermedanote.Fore xample,ifBusinessAborrowsmoneyfromBusinessB,signinganote,BusinessAwillrecorda[notereceivable/not epayable]onitsbalancesheet,whileBusinessBwillrecorda_______. •Asweknowthatprofitableoperationsresultinanincreaseinequity,specificallyintheitemR______________. •Example:•OnJanuary3,GlendaleMarketborrowed$5,000cashfromabank,givinganotetherefore.•OnJanuary4,GlendaleMarketpurchasedreceivedinventorycosting$2,000,payingcash.•OnJanuary5,GlendaleMarketsoldmerchandisefor$300,receivingcash.Themerchandisehadcost200.(Retain•••••••____.•withdrawmerchandisecosting$400.•OnJanuary14,SmithlearnedthatthepersonwhopurchasedthelandonJanuary11for$5,000,solditfor$8,000.Th elotstillownedbyGlendaleMarketwasidenticalinvaluewiththisotherplot.•OnJanuary15,GlendaleMarketpaidoff$2,000ofitsbankloan,givingcash.•OnJanuary16,GlendaleMarketwaschangedtoacorporation.JohnSmithreceived100sharesofcommonstockin exchangeforhis$10,100equityinthebusiness.Heimmediatelysold25ofthesesharesfor$4,000cash.3.IncomeMeasurement•Therearetworeasonsfortheincrease ofanentity’sequity.Oneisthereceiptofcapitalfromitsequityinvestors,thati s_______. •Theotheronesourceofanincreaseistheprofitableoperationoftheentity,thatis_______. Whataffectsandwhatdoesn'taffectRetainedEarnings?✓Borrowing$5,000fromabank✓Thepurchaseofinventorycosting$2,000✓Sellingmerchandisefor$300whichcost$200✓Thepurchaseofmerchandisefor$2,000✓Sellingmerchandisefor$800whichcost$500✓•d.•••••••__.••••TheIncomeStatementreportsflowsduringaperiodoftime,whereastheBalanceSheetreportsstatusasofapointof time.•ThustheIncomeStatementmaybecalleda[flow/status]report,andtheBalanceSheetmaybecalleda[flow/status] report. •Theincomestatementreportsrevenuesandexpensesfortheperiodandthedifferencebetweenthem. GlendaleMarketIncomeStatementfortheperiodJanuary2-8Revenue……………………………..$2,000Expense………………………………$1,300Income………………………………..$700Exercise:OnJanuary2,JohnBrownstartedtheBrownCompany,InJanuary,BrownCompanydidthefollowingthings: •Itreceived$5,000cashfromJohnBrownasitscapital.•Itborrowed$10,000fromabank,givinganotetherefore.•Itpurchased$4,000ofinventoryforcash.•Itsold$2,000ofitsinventoryfor$6,000toacustomer,whopaid$3,500cashandagreedtopay$2,500within30days .•Itpurchasedanautofor$7,000.Itpaid$2,000downandgaveanotetotheauto-mobiledealerfortheremaining$5,0LearningObjectives •Thenatureoftheaccountandhowentriesaremadetoaccounts. •Themeaningofdebitandcredit.•Useoftheledgerandthejournal.•Theclosingprocess.•Itemsreportedontheincomestatement.•Attheendofanaccountingperiod,theincreasesareaddedtothebeginningbalance,andthetotalofthedecreasesiss ubtractedfromit.Theresultisthenewbalance.Cash•••••••de.•••••Decreasesinequityare[debits/credits]. •Exhibit3•Recordthefollowingtransactionsintheaccounts.•A.Inventorycosting$600waspurchasedforcash. •B.Inventorycosting$400waspurchasedoncredit.Cash•C.GreenCompanypaid$300toacreditor.•D.GreenCompanyreceived$500 incashfromacreditcustomer. •Becausethetotalofthedebitentriesforanytransactionshouldalwaysequalthetotalofthecreditentries,itiseasyto checktheaccuracywithwhichbookkeepingisdone.IncomeStatementAccounts •IncomeStatementreportstherevenuesandtheexpensesofanaccountingperiodandthedifferencebetweenthem, whichis______.•Aswesee,foreachjournalentry,theaccounttobedebitedislistedfirstandtheaccounttobecreditedislistedbelow, andisindented.•Dr:__________……………•Cr:____________…………..•※Ifyouareuncertainastowhetheraparticularaccountistobedebitedorcredited,youusuallycanfindoutbyr eferringtotheotheraccountintheentry.•e.•••••••hereforetemporaryaccounts.Theyarestartedoveratthebeginningofeachperiod. •Theassetaccountshave[debit/credit/zero]balancesandtheliabilityandequityaccountshave[debit/credit/zero] balances.Thesesaccountsarecarriedforwardtothenextperiod. •Incomestatementaccountsare[temporary/permanent]accountsandbalancesheetaccountsare[temporary/per manent]accounts. •Managementneedsmoredetailedinformationthaniscontainedinthefinancialstatements. •Forexample,insteadofoneaccount,AccountsReceivable,itneedsanaccountforeachcustomersothattheamoun towedbyeachcustomerisknown.Thereforetheledgerusuallycontainsmanymoreaccountsthanthereareitemson thefinancialstatements.Anoteoncomputer •Advantagesoverthemanualsystem •WeaknessChapter4RevenuesandMonetaryAssetsReviewPart:⏹Themeaningofdebitandcredit.IncreasesinassetsareDr.DecreasesinassetsareCr.IncreasesinliabilitiesandequityareCr.DecreasesinliabilitiesandequityareDr.IncreasesinrevenuesareCr.IncreasesinexpensesareDr.⏹ThejournalandtheledgerAnytransactionrequiresatleasttwochangesintheaccounts.Thesechangesarerecordedfirstinthejournaland⏹⏹⏹⏹⏹⏹⏹Recognize decreases inequityassoonastheyarereasonably possible.4.MaterialityConcept（重要性原则）⏹Thematerialityconcepthastwoparts:Disregardtrivial(unimportant)matters,Discloseallimportantmatters.Example:p72,4-25,4-265.Realizationconcept（实现性原则）⏹Itdescribeswhenrevenueisrecognized.Whentheproducts(goodsandservices)aredelivered,therevenue isrealized.Example:p73,4-31;P74,4-35,4-36InJanuary,LorenCompanysoldmotorcyclefor$3,800anddeliveredittoJeanMatthews.Matthewsagreedtopayf orthemotorcyclein30days.Inthiscaserevenuesisrecognizedinthemonthbeforetherelatedcashreceipt.✓Whenrevenueisrecognizedbeforetherelatedcashreceiptandtherevenueisaccompaniedbytherighttocollec tthecash.Theentityforthesaleofthemotorcycleoncreditis:Dr.AccountsReceivable 3,800Cr.SalesRevenue 3,800⏹Whenacustomerpaysanentityforacreditpurchase,theentityrecordsanincreaseinCashandacorresponding decreaseinAccountsReceivable.WhenLorenCompanyreceivesacheckfor$3,800fromMatthewsinFebruary,LorenCompanymakesthefollowi ngentry:Dr.Cash 3,800⏹stomers⏹⏹⏹⏹ncept.⏹Cr.AllowanceforDoubtfulAccounts 10,000BadDebtExpense（坏帐费用）⏹Itisusedtorecordthedecreaseinequity.⏹TheentrytorecordLorenCompany’sestimatethatBadDebtExpenseshould beincreasedby$10,000andanAllo wanceforDoubtfulAccountsof$10,000shouldbeestimatedis:Dr.BadDebtExpense 10,000Cr.AllowanceforDoubtfulAccounts10,000Itemsinthebalancesheet⏹AccountsReceivables,gross$125,000LessAllowanceforDoubtfulAccounts-10,000AccountsReceivable,net 115,0006.Baddebtwrittenoff（注销）⏹In2006,LorenCompanyrecognizesthatitisnevergoingtocollectthe$3,000owedbyAustin.Itdoesthisbydecrea singAccountsReceivableandalsodecreasingAllowanceforDoubtfulAccounts.Writetheentryforthistransactio n.Dr.AllowanceforDoubtfulAccounts 3,000Cr.AccountsReceivable 3,0007.MonetaryAssets⏹Monetaryassetsarecashandpromisesbyanoutsidepartytopaytheentityaspecifiedamountofmoney.Whichoft hefollowingassetsaremonetaryassets?⏹Inventory⏹AccountsreceivableChapter5ExpenseMeasurement;TheIncomeStatementReviewPart:⏹Inordertomeasurethenetincomeofaperiod,wemustmeasurerevenuesandexpensesofthatperiod,andthisrequirestheuseofaccrualaccounting.Itismoreusefulandmorecomplicatedthancashaccounting. Conservatismconcept（稳健性原则）⏹Theconservatismhastwoparts:Recognize increases inequityonlywhentheyarereasonably certain.Recognize decreases inequityassoonastheyarereasonably possible.AllowanceforDoubtfulAccounts（备抵坏帐）MaterialityConcept（重要性原则）⏹Thematerialityconcepthastwoparts:⏹⏹⏹⏹⏹Example:p91,5-22,5-23PrepaidExpensesThegeneralnameforintangibleassetsthatwillbecomeexpensesinafutureperiodisprepaidexpenses.Forexa mple,PrepaidInsuranceExample:⏹BryanCompanypurchasedatwo-yearinsuranceonDecember31,2005for$2,000.Recordthejournalentryforthi stransaction.⏹During2006BryanCompanyuseduphalfofthisinsuranceprotection,therebyincurring$1,000ofinsuranceexpe nse.Theeffectontheaccountantsin2006isadecreaseintheassetPrepaidInsuranceandanincreaseinInsuranceExp ense.Recordthejournalentryfor2006.DepreciationExpense（折旧费用）⏹IfBryanCompanyboughtamachinefor$5,000andexpectedittoprovideserviceforfiveyears,theamountofexpir edcostineachyearprobablywouldbe1/5of$5,000.Ineachofthefiveyears_______________wouldbereportedas $_______.4.Expensethatcreateliabilities⏹Wehavedescribedexpendituresthatfirstwereassetsandthenbecameexpensesasthecostsexpired.Wenowdescr ibeexpensesforwhichtherelatedexpendituresareliabilities.AccruedLiabilities（应计负债）⏹Inthelastweekof2005,EastmanCompanyhadasalaryexpenseof$10,000,whichwasnotpaidtoitsemployees.W ritethejournalentryforthistransaction.Dr.SalaryExpense10,000Cr.AccruedSalaries 10,000⏹⏹⏹⏹⏹⏹⏹Losses⏹⏹⏹⏹Example:Exhibit8Percentages⏹Grossmarginpercentage（毛利润率）=Grossmargin/Salesrevenue⏹Netincomepercentage（净收入百分比）Chapter6InventoriesandCostofSalesReviewPart:⏹Thedual-aspectconcept⏹Themoney-measurementconcept⏹Theentityconcept⏹Thegoing-concernconcept⏹Theasset-measurementconcept⏹Theconservatismconcept⏹Thematerialityconcept⏹Therealizationconcept⏹Thematchingconcept⏹physicalinventory（物理盘存）Sinceitspurposeistofindthecostofthegoodsthatweresold,eachitemisreportedatitscost.4.Inventoryvaluation:assumptions✓ManycompaniesmakestheFirst-InFirst-Out(FIFO)assumption,forfinancialaccountingpurposesonly.Theyassumethatthegoodsthatcameintotheinventoryfirstarethefirsttomoveout.✓TheLIFOmethodassumestheopposite,namely,thatthenewestunits,whichweretheLastIn,werethefirstt obesold;thatis,thattheywereFirstOut;hencethenameLast-InFirst-Out.✓Average-costmethodcalculatesthecostofboththeendinginventoryandthecostofsalesattheaveragecost perunitofthegoodsavailable.Example:Exhibit9parisonofinventorymethodsFromExhibit9,weseethedifferentcostofsalesindifferentmethods.Theconclusion,thehighercostofsales,thelowerthetaxableincome.Thelowerthetaxableincome,thelowerwillbe paniesusuallyprefertopayaslowasincometaxastheylegallycan.Theref ore,theypreferthemethodthatresultsinhighercostofsales.Ifpricesarerising,(I.e.inflation)thisisusuallytheLIFO method.6.Inventoryvaluation:adjustmenttomarketTheconservatismconceptrequiresthatwereducetheinventoryaccounttotheloweramount.Ifthefairvalue(m arketvalue)ofanitemofinventoryattheendofanaccountingperiodislowerthanitsoriginalcost,t heitemis“written down”（减抵帐面价值）toitsfairvalue.⏹Iftheoriginalcostofanitemwas$100andthecurrentfairvalueis$80,theinventoryshouldbewrittendownby$20,t husthejournalentryis:⏹⏹⏹⏹⏹Theinventoryturnoverratioshowshowmanytimestheinventoryturnedoverduringayear,whichequalsto: CostofSales/InventoryTheinventoryturnoveroffivetimesisgenerallybetterthanfourtimes.However,ifinventoryistoosmall,order sfromcustomersmaynotbefilledpromptly,whichcanresultinlostsalesrevenue.TheturnoverratiocanbeincreasedeitherbysellingmoregoodswiththesamelevelofinventoryorbyhavinglesGoodsavailableforsaleendingiMethodsofarrivingatinventoryamounts–coHowoverheadratesarecalculatedsetotheentityforlongerthanoneyear.Onthebalancesheet,tangiblenoncurrentassetsareoftenlabeledfixedassets, orproperty,plant,andequipment.2.AccountingForAcquisitionsWhenanitemofplantisacquired,itisrecordedintheaccountsatitscost.Thisisbecauseitisanonmonetaryasset .Thecostofanassetincludesallcostincurredtomaketheassetreadyforitsintendeduse.Forexample,whenbuyi nga plotofland,thecostincludesbroker’sfee,legalfees,etc.Whenbuyingacomputer,thecostincludestransportati onandinstallationcharges.Ifanentityconstructsamachineorabuildingwithitsownpersonnel,allcostsincurredin constructionareincludedintheassetamount.P129,7-83.CapitalLease(资本租赁)Aleaseforalongtime–almostthewholelifeoftheasset–iscalledacapitallease.Astheentitycontrolstheitemforalmostitswholelife,acapitalleaseisrecordedasanasset.Theamountrecorde dforacapitalleaseistheamounttheentitywouldhavepaidifithadpurchasedtheitemratherthanleasedit.Forexample,ifanentityleasedamachinefor10years,agreeingtopay$10,000peryear,andifthepurchaseprice ofthemachinewas$70,000,thiscapitalleasewouldberecordedasanassetatanamountof______.Thejournalentry is:4.DepreciationAslandisanonmonetaryasset,inaccordancewiththeasset-measurementconcept,landthereforecontinuesto bereportedonthebalancesheetatitsacquisition.Forexample,WaikatoHospitalpurchasedaplotoflandin1990atacostof$100,000,itwouldhavebeenreportedat$100,000ontheDec31, 1990,balancesheet.IfWaikato5.Units-Of-ProductionDepreciation(产量折旧法)Intheunits-of-productionmethod,acostperunitofproductioniscalculated,anddepreciationexpensesforaye arisfoundbymultiplyingthisunitcostbythenumberofunitsthattheassetproducedinthatyear.Forexample,GradyCompanypurchasedatruckin2005for$44,000.Itestimatedthatthetruckwouldprovides ervicesfor100,000milesandwouldhavearesidualvalueof$4,000.Howmuchisthedepreciablecost,itsestimatedcostpermile?In2006,thetruckwasdriven15,000miles.Howm uchisitsdepreciationexpensein2006?6.Straight-lineDepreciation(直线折旧法)Thepercentageofcostchargedoffeachyeariscalledthedepreciationrate.Itisequals1/numberofyearsofservi celifeForexample,ifanassetistobedepreciatedoverfiveyears,thedepreciationrateis___.Ifthedepreciationcostis $9,000andthedepreciationrateis20%,theamountofdepreciationexpenseeachyearwillbe___.7.AcceleratedDepreciation(加速折旧法)Accelerateddepreciationisusedprincipallyincalculatingtaxableincome.8.AccountingforDepreciation⏹P136-1379.SaleofAPlantAsset⏹Gain(orloss)ondispositionofplant 处理工厂设施所处理的增溢或损失⏹Example:P141,7-5710.SignificanceOfDepreciation⏹Thepurposeofdepreciationistowriteoffafairshareofthecostoftheassetineachyearinwhichitprovidesservice.Chapter8LiabilitiesandEquityReviewPart:⏹Howplantassetsarerecordedintheaccounts⏹Themeaningandsignificanceofstraight-lineandaccelerateddepreciation⏹HowdepreciationisrecordedDr.DepreciationExpense 1,000Cr.AccumulatedDepreciation 1,0001.WorkingCapital（营运资本）Thepartofthecurrentassetsnotfinancedbythecurrentliabilitiesiscalledworkingcapital.Therefore,working capitalisthedifferencebetweencurrentassetsandcurrentliabilities.Workingcapital=Currentassets–CurrentLiabilities⏹⏹⏹⏹✓✓The$3,000ofunpaidinterestthatwasanexpensein2005bythefollowingentry:Dr.InterestExpense 3,000Cr.InterestPayable 3,000In2006,whenthisinterestwaspaidtothebondholders,theentryasfollows:Dr.InterestPayable 3,000Cr.Cash 3,0006.TypesofEquityCapitalTherearetwosourcesofequitycapital:⏹Paid-inCapital:Amountspaidinbyequityinvestors,whoaretheentity’sowners.⏹RetainedEarnings:Amountsgeneratedbytheprofitableoperationsoftheentity.7.Proprietorship（个体所有）Someentitiesdonotreportthesetwosourcesseparately.Anunincorporatedbusinessownedbyasingleperson iscalledaproprietorship.Theequityiteminaproprietorshipisoftenreportedbygivingtheproprietor’sname,follo wedbytheword“capital”.Forexample,MaryGreenistheproprietorofGreen’sMarket.Green’sMarkethastotalequityof$10,000.MaryGreen,Capital……………............$10,0008.Partnership（合伙人）Apartnershipisanunincorporatedbusinessownedbytwoormorepersonsjointly.Ifthereareonlyafewpartner s,theequityofeachwouldbeshownseparately.Forexample,JohnBlackandHenryBrownareequalpartnersinalaundrybusiness.OnDecember31,2005,the equityinthebusinesstotaled$100,000.Theequitymightbereportedonthatdateasfollows:.12.RetainedEarningsandDividend⏹TheRetainedEarningsaccountincreasesbytheamountofnetincomeeachperiodanddecreasebytheamountofdi vidends.IfRetainedEarningsare$100,000atthestartofaperiodofaperiodduringwhichadividendof$20,000isdeclare dandduringwhichnetincomeis$30,000,RetainedEarningswillbe_____attheendoftheperiod.⏹Netincomereferstotheincreaseinequityinoneyear,whereasretainedearningsreferstothenetincrease,afterdedu ctionofdividends,overthelifeofthecorporationtodate.13.Distributiontoshareholders⏹Mostcorporationsmakeanannualcashpaymenttotheircommonshareholders.Thisiscalledadividend.Cashdivi denddecreasesshareholderequity.IfCrowleyCompanydeclaredandpaidadividendof$5pershare,andifithad$100,000sharesofcommonstock outstanding,thedividendwouldbe____.ThejournalentrytorecordtheeffectofthisdistributiononCashandRetai nedEarningswouldbe:Dr.RetainedEarnings 500,000Cr.Cash 500,00014.StockSplit（分股）Acompanymaysenditsshareholdersadditionalsharesequaltothenumberofsharestheyown,orevendoubleo rtriplethisnumberofshares.Theymightdothisbecauseitbelievesahighmarketpricepersharehasanundesirablein fluenceintradingthestock.Thisiscalledstocksplit.Theymake“two-for-one”stocksplit.Astocksplithasthesameeffectasastockdividend.Cashisunchanged.RetainedEarningsisunchanged.Them arketpricepersharedecreases.ed.⏹⏹⏹⏹易）nated.P164,8-70,8-71,8-74⏹MinorityInterest（少数股东权益）--Ifashareholderowntheother40%ofacompany,theyareminorityshareholders.Theyhaveaninterestintheconso lidatedentity,andthisinterestisreportedintheliabilitiesandequitysideoftheconsolidatedbalancesheet.⏹Theconsolidatedfinancialstatementsreportontheentitycalled”PalmCompanyandSubsidiaries.”Thisfamilyofcorporatio nsisanecon omicentity, butitisnotal egalentity.t:⏹–⏹ities⏹Proprietorship,Partnership⏹CommonStock&PreferredStock⏹ConsolidatedFinancialStatement⏹Debt/EquityRatio1.Threefinancialstatements⏹BalanceSheet⏹IncomeStatement–focusonprofitability（收益性）--basedonaccrualaccounting⏹CashFlows–focusonliquidity（流动性）&solvency（偿付能力）--basedoncashaccounting StatementofCashFlows⏹CashFlowfromOperatingActivities （经营活动的现金流量表）⏹CashFlowfromInvestingActivities （投资活动的现金流量表）⏹CashFlowfromFinancingActivities （筹资活动的现金流量表）2.Methodstopreparethestatementofcashflows⏹Directmethod⏹Indirectmethod–ismorewidelyusedbecauseitshowstherelationshipbetweentheincomestatementandthebala ncesheetandthereforeaidsintheanalysisofthesestatements.Theindirectmethodusesbalancesheetaccountchangestodeterminewhethersuchchangeshadapositiveorne gativeimpactoncashflow.Sincethebalancesheetmustalwaysstayinbalance,itiseasytodeterminetheimpactonc ashbyanalyzingchangesineachoftheotheraccounts.3.CashflowfromoperatingactivitiesItisthedifferencebetweenoperatingcashinflowsandoperatingcashoutflows.Tofindtheamountofcashflow fromoperatingactivities,wemustmaketwotypesofadjustmentstonetincome:1)2)⏹⏹⏹⏹5.Cashflowfromfinancingactivities⏹Companiesmayobtaincashbyissuingdebtsecurities,suchasbonds.Issuingdebtsecuritiesisafinancingactivity.⏹Theborrowingsreportedinthefinancingsectionarebothshorttermandlong-termborrowings.Whereasshort-ter mborrowingsoftenappearascurrentliabilities,changesinthemarereportedinthesectiononcashflowfromfinanci ngactivities.⏹Aninvestingactivityisnotalwaysacashoutflow,andafinancingactivitiesisnotalwaysacashinflow.esofthestatementofcashflowsTherearethreesectionsinthestatementsofcashflows:cashflowfromoperatingactivities,cashflowfrominvestingactivities,andcashflowfromfinancingactivities.Thecashflowfromoperatingactivitiesisfoundbyadju stingnetincomefordepreciationexpenseandchangesinnoncashcurrentassetsandcurrentliabilities.⏹Depreciationexpenseisnotacashflow.Becauseitdecreasesnetincome,itisaddedbacktonetincomeinordertoarriveatthecashflowfromoperatingactivities.⏹Investingactivitiesincludetheacquisitionofnewfixedassetsandtheproceedsofsellingfixedassets.⏹Financingactivitiesincludeobtainingfundsfromlong-termborrowings,repaymentoftheseborrowingsandobtainingfundsfromissuanceofadditionalstock.⏹Adecreaseincurrentassetsmeansanincreaseincash.Oppositely,adecreaseincurrentliabilitiesmeansadecreaseincash.1.LimitationsoffinancialstatementanalysisP185,186 10-1,10-2,10-3,10-4,10-52.Auditing⏹GAAP:Generallyacceptedaccountingprinciples3.Overallfinancialmeasuresofperformance⏹ROE=Netincome/Equity4.Factorsaffectingreturnonequity⏹Grossmarginpercentage（毛利润率）=Grossmargin/SalesRevenue⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹⏹。

AccountingBasics英语会计基础教学课件期末复习

Estimate of the future costs that may be incurred for repairing or replacing defective goods
The amount of the estimate for each year is recorded as an adjustment to the Warranty Provision account
Overview | LIABILITIES ~ Current liabilities
Types of current liabilities we’ve covered
Accounts payable Notes payable – same as accounts payable but with interest Unearned revenue – remember the concert example Accrued liabilities – provisions e.g. warranty liability
In this chapter, the focus is mostly on depreciation methods
Straight line (based on years of useful life) Units of production (based on units of useful life) Diminishing (or reducing) balance
EVERYONE wants it!!! So, we need internal control procedures. A fundamental internal control procedure for cash is the bank

基础会计(双语)教案

课程教案2014—2015学年第二学期课程名称：会计英语课程性质：必修课授课班级：涉外会计授课教师：杨舒教师所属系（部）：商贸系总学时：40周学时：2Part 1 Basic of accounting1. What is accounting and its role in BusinessAccounting branches2. Financial statements⏹Balance sheet⏹Income statement⏹Statement of cash flows⏹Statement of changes in equityAssets⏹Assets are valuable resources owned by the entity.⏹Liabilities and equity show the sources of assets.Liabilities⏹Liabilities are the entity’s obligations to outside parties who have furnished resources.⏹Creditors—who have a claim against the assets in the amount shown as the liabilities.Equity⏹Paid-in capital: provided by equity investors⏹Retained earnings: generated from profits⏹Equity investors have only a residual claim.3. Concepts that govern all accounting (会计核算的基本概念)(1) The dual-aspect concept复式记帐概念The fundamental accounting equation:Assets = Liabilities + Equity复式记帐特点✓在两个或两个以上相互联系的账户中记录一项经济业务，以反映资金运动的来龙去脉。

Accounting Basics英语会计基础教学课件(4)

(to record return of unwanted inventory purchased on account)
ACCY901 A'12
Recording freight costs

If the buyer pays the freight costs, these are treated as part of the cost of the inventory. BUT, we still record freight costs in a separate account This is the SAME entry for the periodic and perpetual systems
Operating cycles
4
SERVICE BUSINESS
Perform service Accounts receivable Send invoice Receive cash
MERCHANDISING BUSINESS
Buy inventory Sell inventory Accounts receivable Send invoice Receive cash
Date Account Debit Credit
Nov 1 Inventory
5,000
Nov 1 le
5,000
Accounts payable
5,000
(to record purchase of inventory on account)

D E
Thursday Thursday
9:30 12:30
19-G006 19-2085
F
Friday

AccountingBasics英语会计基础教学

2
STATEMENT OF CASH FLOWS: USEFULNESS AND FORMAT
LO1
• A statement of cash flows provides
information about an entity’s cash receipts and cash payments during a period
• Ability to pay dividends and meet obligations • Reasons for difference between profit and net
cash provided (used) by operating activities • Cash investing and financing transactions for the period
1
• Indicate the usefulness of the statement of cash
flows • Distinguish among operating, investing and financing activities • Prepare a statement of cash flows using the direct method • Statement of cash flows- the indirect method
8
Significant non-cash activities
• Significant financing and investing activities that
do not affect cash are not reported in the body of the statement of cash flows, but are disclosed elsewhere in the financial statement • Examples include …

AccountingBasics英语会计基础教学课件

When should Penny record the telephone expense?
The $400 is still a March expense because this is the period in which the expense was incurred. The actual cash won’t go out until April, but the expense is still a March expense.
We need to make sure that asset and liability balances are accurately reflected at the end of the accounting period
Adjusting entries occur after the transactions have been recorded and posted, but before the financial statements are prepared
4
Before we start…
Last week we looked at transactions analysis, journal entries and general ledger accounts…Elena Lee example
Transaction
1 October, office rent for October is paid in cash, $1800
.au/student/services/pass
Chapter 3: Adjusting the accounts
Week 3
2
BEFORE WE START….

基础会计英文版教学设计

基础会计英文版教学设计1. IntroductionThe teaching of accounting is vital in today’s fast-paced business environment. Students need to understand the basic concepts and principles of accounting and develop critical thinking skills to apply the theories to various real-life scenarios. This document outlines a teaching plan for basic accounting in an English language environment.2. ObjectivesThe objectives of this course are to:1.Introduce students to the basic principles ofaccounting2.Develop students’ analytical s kills to interpretfinancial statements3.Develop students’ communication skills inexpressing accounting concepts in English4.Apply the concepts and theories covered in thecourse to practical business scenarios5.Enhance students’ understanding of the account ingprofession and its ethical considerations3. Course Outline3.1 Course OverviewThis course ms to provide students with a solid understanding of fundamental accounting concepts and techniques. The course will cover the following topics: •The accounting equation•Recording financial transactions•The trial balance•Adjusting entries•Financial statements•The statement of cash flows•Inventory valuation•Depreciation and amortization•Liabilities and equity•Revenues and expenses•Financial statement analysis•Accounting ethics and professionalism3.2 Course ScheduleWeek Topic RequiredReading SupplementaryMaterialsAssignments1 Introduction to Chapter 1 Business News QuizReading Materials Accounting Articles2 The AccountingEquation Chapter 2 Real-lifefinancialstatementsHomework3 RecordingFinancialTransactionsChapter 3 Case studies Quiz4 The Trial Balance Chapter 4 VideotutorialsHomework5 Adjusting Entries Chapter 5 Business NewsArticlesQuiz6 FinancialStatements Chapter 6 Real-lifefinancialstatementsHomework7 The Statement ofCash FlowsChapter 7 Case studies Quiz8 InventoryValuation Chapter 8 VideotutorialsHomework9 Depreciation andAmortization Chapter 9 Business NewsArticlesQuizReading Materials10 Liabilities andEquity Chapter10Real-lifefinancialstatementsHomework11 Revenues andExpenses Chapter11Case studies Quiz12 FinancialStatementAnalysis Chapter12VideotutorialsHomework13 Accounting EthicsandProfessionalism Chapter13Business NewsArticlesQuiz14 Review andEvaluation ReviewallchaptersReviewquestions andexercisesFinal exam4. Teaching Strategies4.1 LecturesLectures will be used to introduce new concepts and theories. These will be conducted in English to enhance students’ language skills and familiarity with accounting terminology.4.2 Case StudiesCase studies will be used to analyse and interpret real-life business scenarios. These cases will be designed to stimulate critical thinking and problem-solving skills.4.3 HomeworkHomework assignments will be used to reinforce the concepts and theories covered in class. These assignmentswill be graded and contribute to the final course grade.4.4 QuizzesQuizzes will be given after each topic to ensure students have a strong understanding of the concepts covered. These quizzes will be graded and contribute to the final course grade.4.5 Final ExamThe final exam will cover all topics covered in the course and will test students’ understanding and application of accounting concepts in English.5. AssessmentThe assessment will include a range of methods to evaluate students’ understanding of the course material, includinghomework assignments, quizzes, and a final exam. The breakdown of grades is as follows:Assessments WeightingHomework Assignments 30%Quizzes 30%Final Exam 40%6. ConclusionThis teaching plan ms to provide students with a comprehensive understanding of fundamental accounting concepts and techniques. The course will be conducted in English to enhance students’ language skills and familiarity with accounting terminology. A range of teaching strategies will be employed to stimulate critical thinking and problem-solving skills. The assessment will be based on a combination of homework assignments, quizzes, and a final exam.。

基础会计教学大纲英文

基础会计教学大纲英文IntroductionIn today's globalized world, the ability to communicate in English is becoming increasingly important. This holds true not only for general conversation but also for specialized fields such as accounting. As a result, it is crucial to develop a comprehensive and effective curriculum for teaching basic accounting concepts in English. In this article, we will explore the key components of a well-designed syllabus for teaching accounting in English.1. Overview of AccountingThe curriculum should begin with an introduction to the fundamental principles of accounting. Students should be familiarized with the basic concepts, such as assets, liabilities, and equity. Additionally, they should understand the purpose of financial statements and the importance of accurate record-keeping.2. Financial StatementsThe next section of the syllabus should focus on the different types of financial statements. Students should learn how to prepare and interpret a balance sheet, income statement, and cash flow statement. Emphasis should be placed on vocabulary related to financial reporting, such as revenue, expenses, and net income.3. Recording TransactionsOne of the essential skills in accounting is the ability to record transactions accurately. This section should cover the principles of double-entry bookkeeping,including debits and credits. Students should practice journalizing transactions and posting them to the general ledger. Moreover, they should understand how these entries affect the financial statements.4. Inventory ManagementInventory management is a critical aspect of accounting, particularly for businesses involved in the sale of goods. Students should learn about different inventory valuation methods, such as FIFO (First-In, First-Out) and LIFO (Last-In, First-Out). They should also understand how to calculate the cost of goods sold and the impact of inventory valuation on financial statements.5. Financial AnalysisThe ability to analyze financial statements is crucial for decision-making and evaluating the financial health of a company. Students should be introduced to financial ratios, such as liquidity ratios, profitability ratios, and solvency ratios. They should learn how to interpret these ratios and use them to assess the performance and stability of a business.6. Budgeting and ForecastingBudgeting plays a vital role in planning and controlling business operations. Students should learn how to develop a budget, including revenue forecasts, expense projections, and cash flow estimates. They should also understand the importance of budget variances and how to analyze them.7. Auditing and Internal ControlsTo ensure the accuracy and reliability of financial information, students shouldbe introduced to the concepts of auditing and internal controls. They should understand the role of auditors and the importance of internal control systems in preventing fraud and errors. Additionally, they should learn about different types of audit reports and their significance.8. Ethical ConsiderationsLastly, the curriculum should address the ethical responsibilities of accountants. Students should be aware of the ethical guidelines and professional standards that govern the accounting profession. They should learn about potential ethical dilemmas and how to handle them with integrity.ConclusionDesigning a comprehensive syllabus for teaching basic accounting concepts in English is essential for preparing students for the globalized business world. By covering the key components mentioned above, students will develop a solid foundation in accounting principles, financial statement analysis, and ethical considerations. This will enable them to communicate effectively in English and make informed decisions based on financial information.。

2019年最新-AccountingBasics英语会计基础教学课件-精选文档

How much revenue should Penny record for 2019? Revenue for 2019 would be $22,400
Why?
Sales – Cash
$20,000
Sales – Accounts receivable $ 2,400
Total sales for 2019
debit. To increase balance debit again, to credit. To increase balance credit again,
decrease credit out of the account.
to decrease debit out of the account.
7
Accrual versus cash basis of accounting
Cash-based accounting
Revenue recognised when the cash is received or paid.
Accrual-based accounting
Revenue recognised when goods and services are provided
Expenses recognised when the cash is received or paid
8
Expenses recognised when assets are consumed or liabilities incurred
Cash versus accrual basis
Basic analysis
The expense Rent is increased $1800 because the payment pertains only to the current month; the asset Cash is decreased $1800

Accounting Basics英语会计基础教学(3)PPT课件

Journal entry Posting
Oct 1 Rent Expense
601 1800
Cash
101
(Paid October rent)
1800
Rent Expense 601 Oct 1 1800
Cash
101
Oct 1 800
7
This week…
Accrual versus cash basis of accounting Revenue recognition criteria Expense recognition criteria Types of adjusting entries Prepayments Accruals Adjusted trial balance Worksheets Financial statements from worksheets
.au/student/services/pass
1
第一部分
整体概述
THE FIRST PART OF THE OVERALL OVERVIEW, PLEASE SUMMARIZE THE CONTENT
2
Chapter 3: Adjusting the accounts
Expenses recognised when the cash is received or paid
Expenses recognised when assets are consumed or liabilities incurred
9
Cash versus accrual basis
Accrual basis
Income example: assume Penny received $20,000 in cash for sales during 2011 and charged clients $2,400 which was to be paid in the following year.

Accounting Basics英语会计基础教学课件.ppt

Chapter 7 Accounting information systems
1
•Basic principles of accounting information systems •Nature and purpose of a subsidiary ledger •How special journals are used •How to use a multicolumn journal •NOTE: download templates of all these journals from the elearning space!
Relevant, reliable, understandable, timely, comparable
Flexibility
Technological advances, increased competition, changing accounting principles, organisational growth, government regulation and de-regulation
Developing an accounting system
4
1. Analysis
Planning and identifying information needs and sources
2. Design
Creating forms, documents, procedures, job descriptions and reports
Examples
Sales journal Cash receipts journal Purchases journal Cash payments journal

Accounting Basics英语会计基础教学(8)PPT课件

continued
Factors influencing new share issue price include:
o Anticipated future earnings o Expected dividend rate per share o Current financial position o Current state of the economy o Current state of the securities market
7
Share issue considerations
Issue of Shares
A company can issue ordinary shares
o Directly to investors, or o Indirectly through an underwriter (such as an
o The total amount of cash and other assets paid to the company by shareholders
o Share may be ordinary or preference shares
10
Shareholders’ equity
5
Forming a company
Application filed with ASIC showing
o Name and purpose of company o Number and types of shares o Names of incorporators
Company constitution regulates internal management
4
Characteristics of a

会计英语基础会计双语版课程设计

会计英语基础会计双语版课程设计课程介绍本课程是针对具备英语基础的学生设计的双语版会计课程。

学生将学习基本的会计概念、原则和方法，并学会用英语进行会计相关的表述、沟通和交流。

课程包括四个模块，分别为：会计概述、会计制度、会计科目和会计报表。

每个模块包含中英文双语教学内容，旨在帮助学生掌握会计英语和基础会计知识，提升双语能力和职场竞争力。

课程目标1.了解会计的基本概念和原则2.熟悉会计制度和会计科目3.能够用英语进行会计表述、沟通和交流4.能够阅读和分析会计报表5.提升双语能力和职场竞争力课程大纲模块一：会计概述本模块将介绍会计的基础知识，包括会计概念、会计的职能和目标、会计的基本原则等。

课程涉及下列主题：•会计概念和定义•会计的职能和目标•会计的基本原则•会计准则和规范•会计事务处理模块二：会计制度本模块将介绍在不同国家和地区的会计制度。

课程将涉及下列主题：•会计制度的分类及其特点•中美两国会计制度的比较•会计制度的变革与发展模块三：会计科目本模块将介绍会计科目的概念和分类。

课程将涉及下列主题：•会计科目的分类•会计科目的设置和调整•会计科目的变动和调整模块四：会计报表本模块将介绍财务会计常见的报表和分析方法。

课程将涉及下列主题：•财务会计报表的概念和类型•资产负债表和利润表的分析方法•现金流量表的编制和分析教学方式本课程采用双语教学方式，以讲授、演示、案例讨论和课堂练习等多种形式进行。

同时，学生需要完成相应的课后练习和阅读任务，加强对所学知识的理解和应用。

将通过学生对课程理解和运用的考核来评估学生的学习成果，如口头报告、书面报告、小组讨论、考试等。

参考书目1.胡伟. 会计学基础[M]. 清华大学出版社, 2012.2.李建国. 会计概论[M]. 高等教育出版社, 2014.3.张霞, 刘丽英. 会计学[M]. 高等教育出版社, 2013.4.邓立平. 会计基础[M]. 高等教育出版社, 2014.总结本课程为具备英语基础的学生提供了一门覆盖面广、内容丰富的双语版会计课程。

《会计学基础》双语教案

?会计学根底?教案时间：周一第二大节〔上午9：40---10：25；10：30---11：15〕单周周四第一大节〔上午7：50---8：35；8：40---9：25〕地点：康庄506 学时：48班级：会05-1.2.3.4 学分：3答疑时间：周一上午：11：15---12：00考试方式：英文。

闭卷考试时间：第21周周四第三大节成绩评定：平时成绩20%，考试成绩80%。

Part 1 Basic Concepts and the Balance Sheet所需课时：3课时课程目标：1．让学生对“会计〞一词有初步的认知，明确会计在现代经济社会中的作用。

2．了解财务报表的作用，明确资产负债表的根本构成要素；3．对会计根本要素：资产。

负债和所有者权益有初步认识；并正确理解和运用三者之间的关系。

4．了解三个会计根本原那么的含义及对意义。

---复式记账原那么---货币计量原那么。

---会计主体原那么。

课程设计：第一课程段：师生交流〔30分钟〕1．通过点名及自我介绍与学生沟通，相互认识。

并询问同学选择学系会计专业的理由以及对会计的认识程度，通过这种交流了解学生对会计专业课程的学习兴趣及可能存在的问题。

Q:：What ‘s your name?Where are you come from?What’s you hobby?Are you interesting in Accounting?Why you chose accounting be your major?2．在交流的根底上，列举国内外企业的实例，以及会计于其他学科之间的联系，阐述学好会计的重要性。

Q：Would you please tell me what accounting is?3．介绍目前国内、国外与会计专业有关的职业及考试类别，增强学生学好该课程的信心，提高学生今后学习的主动性、自觉性。

Q：Being a student graduated in accounting, what kinds of job he can do? Or how many choices he has? Such as which company?4．向学生介绍所选教材的特点及使用方法，让学生掌握正确的学习方法，便于学生课后自学，提高学习效果。