LESSON ONE: INTRODUCTION TO ACCOUNTING: Nature, Development, Branches, and Users of Accounting Information
a. Accounting Standards Council
b. American Accounting Association
Two. NATURE OF ACCOUNTING
c. Accounting is both an art and a discipline
f. Accounting is an Information System
Three. FUNCTIONS OF ACCOUNTING IN BUSINESS
Four. HISTORY OF ACCOUNTING
The Earliest Forms of Accounting
The Renaissance and the birth of modern accounting
Ancient Beginnings: Accounting in Early Civilizations
The Middle Ages: Growth of Commerce and Double-Entry System
Industrial Revolution: The Birth of Professional Accounting
D. Twentieth Century to Present: Modern and Digital Accounting
One. Financial Accounting
Two. Management (or Managerial) Accounting
Three. Government Accounting
Seven. Accounting Education
Eight. Accounting Research
Certified Public Accountants in Specialized Areas:
One. PUBLIC ACCOUNTING SERVICES:
Five. Users of Accounting Information
The following are the external users of financial information:
Common information needs of the internal users: