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Title: Introduction to Financial Accounting - Lyryx Version (2023-A)
Authors: Jensen, T.
Morpurgo, M.
Dauderis, Henry
Annand, David
Keywords: Financial accounting
Issue Date: 1-Sep-2022
Publisher: Lyryx Learning Inc.
Abstract: Accounting involves a process of collecting, recording, and reporting a business’s economic activities to users. It is often called the language of business because it uses a unique vocabulary to communicate information to decision makers. To understand accounting, we first look at the basic forms of business organizations. The concepts and principles that provide the foundation for financial accounting are then discussed. With an emphasis on the corporate form of business organization, we will examine how we communicate to users of financial information using financial statements. Finally, we will review how financial transactions are analyzed and then reported on financial statements.
Other Identifiers: 96392202-7b3c-4d3f-b343-55a2fb684c17
Appears in Collections:Ontario OER Collection

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