Accounting 110561-D
Wykład (WYK) Semestr letni 2024/25

Accounting as a scientific and practical discipline. The purposes and functions of accounting.

Entity method and balance method. The history of accounting. Accounting harmonization.

Balance sheet. Classification of assets, shareholders' equity and liabilities. The rules of disclosure of assets, shareholders' equity and liabilities.

Measurement and documentation of transactions. Business transactions. Periodicity.

The effects of transaction. Accounting books.

How do business activities affect the income statement?

The matching income.

How to measure the income? The income statement.

Division of net income.

Business transactions from balance opening to closing.

Detailed accounting information.

Presentation of accounting information in financial statements.

Accounting principles.

Qualitative characteristics of a financial statement.

The use of accounting information for assessing financial condition and net income of enterprise.