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Finance And Accounting

Finance and Accounting Course We can define accountancy as: "the identification, measurement and communication of economic information to enable the users of that information to form sensible opinions and make sensible decisions". Accounting is surrounded by mystique and "jargon", and, as a professional skill, it requires a high degree of technical expertise. However, it is a very "common-sense" activity and addresses some very basic issues and questions about the nature of businesses and the real-life events, people and activities that make them work. One of the problems with accounting is that many people focus on the "count" component of the word, and believe that it is no more than counting or "doing the numbers". Nothing could be further from the truth! Look at the
complete word! Very few people when asked to give an account of themselves, will express themselves in quantitative terms - shoe size, IQ, height and weight. Rather, they offer information in qualitative terms - where they live, what they do, their background, likes, dislikes, family, occupation and so on. Indeed they will "tell a story" - which is what accounting strives to do for an organisation - albeit, today largely in financial terms.
RIP - This product is no longer available on our network. It was last seen on 29.10.2014

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Product Description

Finance & Accounting Course We can define accountancy as: "the identification, measurement & communication of economic information to enable the users of that information to form sensible opinions & make sensible decisions". Accounting is surrounded by mystique & "jargon", &, as a professional skill, it requires a high degree of technical expertise. However, it is a very "common-sense" activity & addresses some very basic issues & questions about the nature of businesses & the real-life events, people & activities that make them work. One of the problems with accounting is that many people focus on the "count" component of the word, & believe that it is no more than counting or "doing the numbers". Nothing could be further from the truth! Look at the complete word! Very few people when asked to give an account of themselves, will express themselves in quantitative terms - shoe size, IQ, height & weight. Rather, they offer information in qualitative terms - where they live, what they do, their background, likes, dislikes, family, occupation & so on. Indeed they will "tell a story" - which is what accounting strives to do for an organisation - albeit, today largely in financial terms.

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Jargon Buster

weight - A measure of the force applied on an object by gravity. Measured metric in grams and kilos or imperial in lbs and oz
professional - A term used to describe products or people which may be focused on specialist educational training
Size - is the measurement of how big an object is in space.
Professional - A person that is trained within a profession.
Degree - An angle measurement, also can be the measurement of an extent that something happens, can also relate to an university academic measurement.
degree - The extremity of something or the angle. Can also relate to a university achievement.
technical - Something that relates to a good level of skill and methods.
Family - A group of people that live together made up from parents and children.

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Stonebridge
Page Updated: 2015-03-31 20:45:35

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