Study sets matching "accountancy"

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Study sets matching "accountancy"

18 terms
Accountancy
Sole practitioner
To pass something onto somebody
area of expertise
Run one's own practice
Have you ever worked as a sole practitioner?
What kind of matter would you rather pass onto your colleague?
What do you see as the most relevant area of expertise of you…
Have you every considered running your own practice?
Sole practitioner
Have you ever worked as a sole practitioner?
To pass something onto somebody
What kind of matter would you rather pass onto your colleague?
7 terms
Accountancy
Accounting
Book keeping
Income statement /Trading and profit a…
Position statement-Balance sheet
Accounting is the process of collecting,recording,classifying…
Is a process of recording financial transactions in a systema…
It shows profit earned or loss incurred by the enterprise dur…
Shows the financial position of the enterprise on a particula…
Accounting
Accounting is the process of collecting,recording,classifying…
Book keeping
Is a process of recording financial transactions in a systema…
106 terms
Accountancy
pastry
thigh
treadmill
narrow
ciasto
udo
bieżnia
wąski
pastry
ciasto
thigh
udo
Accountancy
entity
approve
tax liability
fulfill the obligations
varlık
kabul etmek,uygun bulmak
vergi yükümlülüğü
yükümlülükleri yerine getirmek
entity
varlık
approve
kabul etmek,uygun bulmak
Accountancy
Office
Office personnel
Business organization
Government office
Is a work performance place where various activities are carr…
A set of staff working in an office from lower level to highe…
It reports to the human economic activities which are related…
It is a big and responsible body of the country for providing…
Office
Is a work performance place where various activities are carr…
Office personnel
A set of staff working in an office from lower level to highe…
Accountancy
Double entry system of bookkeeping
Advantages of DES (8)
Disadvantages of DES (2)
What is an account
System of bookkeeping which records transactions, taking into…
1. maintains complete record of each and every transaction... 2.…
1. Volume of accounting work is more compared to the single e…
A section of the ledger in which all the transactions relatin…
Double entry system of bookkeeping
System of bookkeeping which records transactions, taking into…
Advantages of DES (8)
1. maintains complete record of each and every transaction... 2.…
10 terms
Accountancy
Assurance
Commercial finance
Corporate finance
Corporate recovery
It is the review of financial data and procedures within a co…
It is at the heart of industry and commerce and has a strong…
It primarily involves adding value to businesses through buyi…
It involves the processes behind ensuring that creditors, sup…
Assurance
It is the review of financial data and procedures within a co…
Commercial finance
It is at the heart of industry and commerce and has a strong…
12 terms
accountancy
general ledger
accounts payable
accounts receivable
asset accounting
libro mayor
cuentas por pagar
cuentas por cobrar
contabilidad de activos
general ledger
libro mayor
accounts payable
cuentas por pagar
Accountancy
Expense
Asset
Drawings
Liability
Something that the business has to pay in order for it to run
Something that the business has that has monetary value
The amount of money the owner of a business takes out for per…
When the business owes money to a debt
Expense
Something that the business has to pay in order for it to run
Asset
Something that the business has that has monetary value
22 terms
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
25 terms
Accountancy
accountancy
bookkeeping
audit
auditor
Buchhaltung
Buchhaltung
Audit, Rechnungsprüfung
Rechnungsprüfer
accountancy
Buchhaltung
bookkeeping
Buchhaltung
37 terms
Accountancy
accountancy, accounting
bookkeeping
information system
internal/external control/audit
rachunkowość
ksiegowość
system informacyjny
kontrola wewnętrzna / zewnętrzna
accountancy, accounting
rachunkowość
bookkeeping
ksiegowość
Accountancy
Disbursement (n)
Liquidation (n)
reimbursement - compensation paid (to…
↔compensation - something (such as mon…
Money paid out; expenditure.
to pay off a debt, claim, obligation
...
...
Disbursement (n)
Money paid out; expenditure.
Liquidation (n)
to pay off a debt, claim, obligation
Accountancy
Capital
Share premium
To gloss over
Ledger
capital
Prima de emisión
Pasar por alto
Libro mayor
Capital
capital
Share premium
Prima de emisión
33 terms
Accountancy
balance sheet
profit and loss account (P&L)
cash flow statement
assets
Bilanz
Gewinn und Verlust Rechnung (GuV)
Kapitalflussrechnung
Aktiva, Vermögen
balance sheet
Bilanz
profit and loss account (P&L)
Gewinn und Verlust Rechnung (GuV)
21 terms
Accounting
Accounting
Accounting system
Accounting records
Service business
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
A business that preforms an activity for a fee.
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
18 terms
Accounting
assets
Liabilities
Owners Equity
Capital
anything owned
Any amount owed
Account used to summarize the owners equity in a business.
Amount remaining after all liabilities are subtracted from al…
assets
anything owned
Liabilities
Any amount owed
24 terms
Accounting
Accounts Receivable
Accounts Payable
Account Numbers
Accounts
Amounts Owed to the Business
Amounts a business owes for items or services purchased on cr…
Numbers assigned to accounts according to the chart of accoun…
Categories under the Assets, Liabilities and Owner's Equity h…
Accounts Receivable
Amounts Owed to the Business
Accounts Payable
Amounts a business owes for items or services purchased on cr…
10 terms
Accounts
Current assets
Current liabilities
Unpresented cheque
Outstanding lodgement
cash and other assets expected to be exchanged for cash or co…
liabilities due within a short time, usually within a year
A cheque that has not yet been presented for payment by the p…
amounts paid into the bank, not yet recorded on the bank stat…
Current assets
cash and other assets expected to be exchanged for cash or co…
Current liabilities
liabilities due within a short time, usually within a year
116 terms
Accounting
GAAP
Three Organizations that is developmen…
Capital allocations
Financial reporting
"Generally accepted" an authoritative accounting rule-making…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
It promotes productivity, encourages inovation, and provide a…
President letters supplementary schedules in corporate annual…
GAAP
"Generally accepted" an authoritative accounting rule-making…
Three Organizations that is developmen…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
175 terms
Accounting
Account
Accountant
Account balance
Accounting
a device for recording the changes (increases or decreases) i…
one who is concerned with the design of the system of records…
the difference between the total debits and the total credits…
a language of business employed to communicate financial info…
Account
a device for recording the changes (increases or decreases) i…
Accountant
one who is concerned with the design of the system of records…
Accountancy
share
public limited company
organization
general terms of business
Aktie
Aktiengesellschaft
Organisation
Allgemeine Geschäftsbedingungen
share
Aktie
public limited company
Aktiengesellschaft
21 terms
Accounting
Note payable
Note receivable
Prepaid insurance
Rent expense
Is a liability account. That means + credit and - debit. It i…
Is asset account and it is used if you loan money and are owe…
Is an asset account which represents insurance that has been…
Is a liability account that is recorded under stockholder's e…
Note payable
Is a liability account. That means + credit and - debit. It i…
Note receivable
Is asset account and it is used if you loan money and are owe…
122 terms
Accounting
accumulated other comprehensive income
Appropriated Retained Earnings
capital maintenance approach
changes in estimates
An entry in the stockholders' equity section of the balance s…
A retained earnings account that is restricted for a specific…
An income measurement approach in which a company determines…
Adjustments or changes that companies must make because finan…
accumulated other comprehensive income
An entry in the stockholders' equity section of the balance s…
Appropriated Retained Earnings
A retained earnings account that is restricted for a specific…
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
8 terms
Accountancy
Actieve anticipatiepost
Passieve anticipatiepost
Actieve uitstelpost
Passieve uitstelpost
Opbrengsten die volgend boekjaar worden geïnd maar betrekking…
Kosten die volgend boekjaar worden betaald maar betrekking he…
Kosten die dit boekjaar gemaakt zijn maar een deel ten laste…
Opbrengsten doe dit boekjaar geïnd zijn maar betrekking hebbe…
Actieve anticipatiepost
Opbrengsten die volgend boekjaar worden geïnd maar betrekking…
Passieve anticipatiepost
Kosten die volgend boekjaar worden betaald maar betrekking he…
16 terms
Accounting
Asset
Liability
Accrual
Depreciation
MONEY... › something that a person or company owns that has a va…
RESPONSIBILITY [U]... › legal responsibility for something:... They…
› [C or U] FINANCE an ​increase in an ​amount of ​money over…
To lose value over a period of time.
Asset
MONEY... › something that a person or company owns that has a va…
Liability
RESPONSIBILITY [U]... › legal responsibility for something:... They…
15 terms
Accounting
Gross Income
Medicare
Net Pay
Payroll Register
the total amount of income from wages before any payroll dedu…
A federal program of health insurance for persons 65 years of…
Amount of income left after taxes and deductions have been ta…
a business form used to record payroll information
Gross Income
the total amount of income from wages before any payroll dedu…
Medicare
A federal program of health insurance for persons 65 years of…
22 terms
Accounting
Accounting
Accounting system
Accounting records
Financial statements
Planning, recording, analyzing and interpreting financial inf…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities.
Financial reports that summarize the financial condition and…
Accounting
Planning, recording, analyzing and interpreting financial inf…
Accounting system
A planned process for providing financial information that wi…
20 terms
Accounting
Wage
letter of credit
to accept a bill
account
заработная плата
аккредитив
акцептировать вексель
расчетный счет
Wage
заработная плата
letter of credit
аккредитив
Account
accounting equation
accounting
GAAP
what is shown on an income statement?
Assets=liabilities+ stockholder equity
the action of process of keeping financial accounts.
Generally Accepted Accounting Principle
Revenue and Expensive
accounting equation
Assets=liabilities+ stockholder equity
accounting
the action of process of keeping financial accounts.
accounting
promissory note
negotiable
maturity date
Interest
an unconditional written promise to pay definite sum of money…
owner may transfer note to another person
date on which payment of a note is due.
the change made for the use of money
promissory note
an unconditional written promise to pay definite sum of money…
negotiable
owner may transfer note to another person
17 terms
Accounting
liabilities
long-term liabilities
fixed assets
current assets
обязательства
долгосрочные обязательства
долгосрочные активы
текущие (краткосрочные) активы
liabilities
обязательства
long-term liabilities
долгосрочные обязательства
84 terms
accounting
un compte courant
un comptable
plan comptable
service comptable
account, current
accountant
accounting system
accounts department
un compte courant
account, current
un comptable
accountant
26 terms
accounting
which accounting concept applies when…
information needed for journalizing th…
after adjusting entries are posted, th…
income summary is a ....
matching expenses with revenue
work sheets adjustment columns
the cost of the supplies on hand at the end of the fiscal per…
temporary account
which accounting concept applies when…
matching expenses with revenue
information needed for journalizing th…
work sheets adjustment columns
accounting
Balance Sheet
Income statement
Statement of stockholders equity
Statement of cash flows
Assets = Liabilities + Stockholders equity
Revenues - Expenses = Net income
Stockholders equity:... Common stock + Retained earnings
Operation activities... Investing activities... Financing activities
Balance Sheet
Assets = Liabilities + Stockholders equity
Income statement
Revenues - Expenses = Net income
99 terms
Accounting
GAAP
Three Organizations that is developmen…
Financial statements
Financial statements: These statements…
"Generally accepted" an authoritative accounting rule-making…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
The principle means through which a company communicates its…
1. the balance sheet... 2. income statement... 3. Statement of…
GAAP
"Generally accepted" an authoritative accounting rule-making…
Three Organizations that is developmen…
1. Securities and Exchange Commission (SEC)... 2. American Ins…
Accounting
Account.
Account Balance.
Accountant.
Accounting Cycle.
A device for recording the changes (increases or decreases) i…
The difference between the total debits and the total credits…
One who is concerned with the design of the system of records…
The process involved in journalizing, posting to the ledger,…
Account.
A device for recording the changes (increases or decreases) i…
Account Balance.
The difference between the total debits and the total credits…
175 terms
Accounting
Account
Accountant
Account balance
Accounting
a device for recording the changes (increases or decreases) i…
one who is concerned with the design of the system of records…
the difference between the total debits and the total credits…
a language of business employed to communicate financial info…
Account
a device for recording the changes (increases or decreases) i…
Accountant
one who is concerned with the design of the system of records…
Accounting
Accounting
Accounting System
Accrual Accounting ... Method
Cash Accounting ... Method
The process of keeping and interpreting financial records.
The methods and procedures used in consistently handling the…
A method of accounting that records transactions at the time…
An accounting method in which income and expenditures are rec…
Accounting
The process of keeping and interpreting financial records.
Accounting System
The methods and procedures used in consistently handling the…
18 terms
Accounts
CASH
ACCOUNTS RECEIVABLE
OFFICE EQUIPMENT
ACCOUNTS PAYABLE
ASSET
ASSET
ASSET
LIABILITY
CASH
ASSET
ACCOUNTS RECEIVABLE
ASSET
22 terms
Accounting
Accounting
Accounting System
Accounting records
Financial statement
Planning, recording, analyzing, and interpreting financial in…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activities
Financial reports that summarize financial conditions and ope…
Accounting
Planning, recording, analyzing, and interpreting financial in…
Accounting System
A planned process for providing financial information that wi…
Accounting
Tax inspector
Commodity trader
Tax return
Market analyst
inspektor podatkowy
handlowiec towarowy
roczne zeznanie podatkowe
analityk giełdowy
Tax inspector
inspektor podatkowy
Commodity trader
handlowiec towarowy
Accounting
accounting
balance
debit
liabilities
Planning, recording, analyzing, and interpreting financial in…
A condition in which different elements are equal or in the c…
Any transaction that increases the assets of a firm or reduce…
What the business owes to others (debts)
accounting
Planning, recording, analyzing, and interpreting financial in…
balance
A condition in which different elements are equal or in the c…
5 terms
Accounting and accountancy
Bookkeeping, a bookkeeper
External auditing, an independent audi…
Management accounting, a management ac…
Financial accounting, a financial acco…
He/She records all the purchases and sales made by the firm
He/She examines the account of some, possibly big company
He/She analyses the sales figures from the different departme…
He/She is responsible for preparing the annual balance sheet…
Bookkeeping, a bookkeeper
He/She records all the purchases and sales made by the firm
External auditing, an independent audi…
He/She examines the account of some, possibly big company
65 terms
Accounting
Account.
Account Balance.
Accountant.
Accounting Cycle.
A device for recording the changes (increases or decreases) i…
The difference between the total debits and the total credits…
One who is concerned with the design of the system of records…
The process involved in journalizing, posting to the ledger,…
Account.
A device for recording the changes (increases or decreases) i…
Account Balance.
The difference between the total debits and the total credits…
22 terms
Accounting
Accounting
accounting system
accounting record
financial statements
Planning,recording,analyzing,and interpreting financial infor…
A planned process for providing financial information that wi…
Organized summaries of a business's financial activites
financial reports that summarize the financial condition and…
Accounting
Planning,recording,analyzing,and interpreting financial infor…
accounting system
A planned process for providing financial information that wi…
Accountancy words
Pasivos
Activos
Costos
ingresos
...
Pasivos
Activos
Accounts
Interest Payable
Investments
Taxes Payable
Equipment
Liability... Balance Sheet... Credit... Permanent
Asset ... Balance Sheet... Debit ... Permanent
Liability ... Balance Sheet... Credit ... Permanent
Asset... Balance Sheet... Debit... Permanent
Interest Payable
Liability... Balance Sheet... Credit... Permanent
Investments
Asset ... Balance Sheet... Debit ... Permanent
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