Tiêu đề Accounting (John Hoggett, John Medlin, Keryn Chalmers etc.) (Z-Library).pdf ✅

Tenth edition published 2018 by John Wiley & Sons Australia, Ltd 42 McDougall Street, Milton Qld 4064 First edition published 1987 © John Wiley & Sons Australia, Ltd 2018 Australian edition © John Wiley & Sons Australia, Ltd 1987, 1990, 1992, 1996, 2000, 2003, 2006, 2009, 2012, 2015 Typeset in 10/12pt Times LT Std The moral rights of the authors have been asserted. National Library of Australia Cataloguing-in-Publication data Author: Hoggett, J. R. (John Robert), 1948–, author. Title: Accounting / John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfeld Edition: Tenth edition. ISBN: 9780730344568 (ebook) Subjects: Accounting — Australia — Textbooks. Accounting — Australia — Problems, exercises. Other Authors /Contributors: Medlin, John, author. Chalmers, Keryn, 1961– author. Beattie, Claire, author. Hellmann, Andreas, author. Maxfeld, Jodie, author. Reproduction and Communication for educational purposes The Australian Copyright Act 1968 (the Act) allows a maximum of 10% of the pages of this work or — where this work is divided into chapters — one chapter, whichever is the greater, to be reproduced and/or communicated by any educational institution for its educational purposes provided that the educational institution (or the body that administers it) has given a remuneration notice to Copyright Agency Limited (CAL). Reproduction and Communication for other purposes Except as permitted under the Act (for example, a fair dealing for the purposes of study, research, criticism or review), no part of this book may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without prior written permission. All inquiries should be made to the publisher. Cover and internal design image: yienkeat / Shutterstock 10 9 8 7 6 5 4 3 2 1
CONTENTS CHAPTER 1 Decision making and the role of accounting 1 Chapter preview 2 1.1 The dynamic environment of accounting 3 1.2 Decisions in everyday life 4 Steps in decision making 4 1.3 Economic decisions 5 1.4 The nature of accounting 7 Accounting defned 8 1.5 Users of accounting information 10 1.6 Using information in economic decisions 11 1.7 Accounting information and decisions 13 1.8 Management and fnancial accounting 14 What is management accounting? 14 What is fnancial accounting? 14 Management accounting versus fnancial accounting 15 1.9 Accounting as a profession — Australian perspective 16 1.10 Public accounting versus commercial accounting 17 Public accounting 17 Accountants in commerce and industry 18 Public sector and not‐for‐proft accounting 20 1.11 Ethics and accounting 20 Ethics in business 21 Ethics and professional accounting bodies 22 Ethics in practice 22 Key terms 24 Discussion questions 24 Exercises 25 Decision analysis 31 Critical thinking 31 Communication and leadership 32 Ethics and governance 33 Financial analysis 33 Acknowledgements 34 CHAPTER 2 Financial statements for decision making 35 Chapter preview 37 2.1 Types of business entities 37 2.2 Management functions 38 Role of managers 38 2.3 Basic fnancial statements 40 The balance sheet 41 The income statement 44 The statement of changes in equity 45 The statement of cash fows 45 2.4 Assumptions made and characteristics of information 48 The accounting entity assumption 48 The accrual basis assumption 48 The going concern assumption 49 The period assumption 49 Fundamental qualitative characteristics 49 Enhancing qualitative characteristics 50 The concept of materiality 51 Benefts and costs 51 2.5 The effects of transactions on the accounting equation and fnancial statements 52 Key terms 58 Discussion questions 60 Exercises 60 Problems 65 Decision analysis 74 Critical thinking 74 Communication and leadership 75 Ethics and governance 75 Financial analysis 76 Acknowledgements 77 CHAPTER 3 Recording transactions 78 Chapter preview 79 3.1 Transactions 80 Types of transactions 80 Transactions of a business entity 80 Source documents 81 3.2 The accounting cycle 82 The ledger account 83 Account formats 85 Accounts commonly used 86 Accounts: balance sheet 86 Accounts: income statement 88 General ledger 89 Chart of accounts 89