chpt17 - "*To . . THE IMPORTANCE OF ACCOUNTING...

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-- --- ""*To • ... THE IMPORTANCE OF ACCOUNTING INFORMATION .. tho ..conl ,m ....... ..-= - ~ .. - _ ..... 11 0. _ _ rt_ tto.--. ...,._ .--$ $ - fiJ:ure 17.1 ._-- Tht M'lp.IIO 10 --~ clasll'lH, _ __. ftI<Yr<o tI'Oll po.t ItotO ~ IINncIal ~-- ... ,_. _n trot ...... _- stOl _. <If cM/'l1lows. - What Is Accountlnl? FitmK:ial informal_. pm.a. . ........ inknna:iuD. _~ ~~",u."",~~",~" Inc 01 r. ndal ,...".b and l~ 10 pr'O'-l<Jo, ~:':::~~~ tnte:lftlcd ,-'D ,he ,nI. -"", IMv -ad 1O. .aK ~ lran;;acQons QIQ i~ Mdt ~fb III bo'!'lllland 1Idlint,.,. ... ""'. ...ri l~. r-y'''I emplo-.""" . . ."./ u~ pplics. On. .., tr'ansactions M'" bMl ncordtd. IIvy arc' ullUllllv ca-rlOd I «10<,.,_, . .... <WLt. ....,.1a. for . ...a"'plr. .n p.lrc:1taIes arc gr(0l ,'t! as an: all u.ln lI'11n""'UQrl'" Tbe ffiCltlOd used to ~ 100 . ..... 1;Oo""''llldala IntO rtpOfb Is cakd &JI4«OI<HIt,.sY3Um <- \ A major purpolit' of XCQO,lnti", "' 10 hdp ''''''wg<U evol",,'" tho cnndltlo<> and ,he """"1Illnll pc:rfot " ..nee d !he lintl .MIlhallhn call 'nfCM'1l\rd ~_ AnoI. ..... is 10 rqJO<1 O,. 1aI inr- ......... I.c.-".-.e-.t. -,-- ,,-- _.... -.-
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---- --- ........ s.n. .u .. nJ """"'" ..M d «>mpo11IIW '" .",,,,,,,d In '. 1nl1\~ IS ..... ~ h' ac run am ~I'" n-ad. "no,kr- "'--':0lIn1"'" ", he:ahh .,. h" nllngp'on· ulIlIl,lnll lh nung" ho_ al:"'. ... nlll .. ik II",ml"" ,~"n m",. ,... """n! ,n"ohN ill ~ - ~ In"" and ml<:tT"'l r,and.,., ~ '",andal ~and ..., '" the bt",n, to g""ul" ,I"" red 1"l!<'lhc 1 l,lnw. nu '" '" 17.11. ,'''' lilian< COIn ,,>;d. .... ,.,-~ .,,---= -- ,,"-"'-- . . ~-" "'-' II t.-.c _ ...... trw _ ...... 'I "., •.• ...,_"'Y.,oon ~ •• ,._ U-~ fOftlfll;lllllUlE't_iUlcuo:ll'l -" .... 0lC0IIR. , t*on<e ____lIf. .... fIcIwIl --~~~ -.n. ..-en. IInIncW JnIIIyRI,. ~<lftllli_ ~ ouch ern~, (Wo"""". cnd,lor<, . ...pp1. ...... unlonl. commIJ 1\ xlMm., inYaWn. and the JO'~mn>t (rOC"1Ll puJJ>OHS) rqanli". lhe <rolI<)f1l\(: Kli\ides of the nnn (_ Fllute l7.2). Acrounti"l wvrlt II diY!drd "ItO ~ majol'" a",all. ~·11oolr. alltlOlC lll"nlI nnt. AREAS OF ACCOUNTING "OO.lIlIU hal bern called Uw . .......... busl-. II', po»,bIe YOU ""') IbM: KCOUntlrCli oM' rur pI'1Iftl~ r....... Nochi.could ..funtwr Ute uu,"- It Is aIoo me b.n&uacJr I-.d to ~ 6nanda1 Inf. ....wlon -.061 orpnjn'ions sudI. ~ ~ tM.pw. . fnaerni- andJO"U iIIII 1be~ ',( .isdil.i<WlnIoftw 1Lii._ " C ,ial~f\naftciaI_PMj ...MIIIiIIi-., laX _ pu WikiOlal and DOt-for-pmIlI: ..ca.ml. All r_ ..- an: ...d .a c:raIe ~~uni1Jft b 1t\Idm1ll wiD ... 10 puc font! don IOSludv~'U1·lbrieftv~eKhara. Manacerlal Accountlnc Wuqerial KCOUnlln. ill u'JC.'d 10 pnwkle lnfonnauon ~ 10 man· ..ilhln the orpniution to us;st tMm In decision makln._ Managerial ""1'1'''11 il concerned "';th m. .b)urina and reponing CO$II production• .u\etll1ll. and Ol~r function.; Pn.lM'rinll budgets (plannlllll); checkln. if : hH or no! unhl are ~tavi"ll ",,,tun tMir IJutlads (controlli ...): and desl&,,' IiU'Ilteaielltl minlmi"" Ullles. __a bul.lneM major. it" alfl'loOl;l oma,n you "'~U bIf reql.llrN 10 \lIIU a in ma~ _nli ... You may ~ pun;ue a career as a aortir."d :::-:: ~_ Acer1lf\ed .- """1'1 Kt'O"nUoni (CMA)!Aa pro- ~ ",hn'" inri eatain ~:ational. ..J rJI"",letlCoe reqtlll'e' ~ a quaItfrir,.e:om lrIllw 6eld• ...J bnm ca-tified b'I' llw 1-.1 .... 01 Ma _Acc<30"_. \\'Ih"-~d"! .... &lubeI npo:u· -.rdnI. and Gfp'Ua1ional COII-a>l~ ~ _ rna, oIllw _ IiilJlOfUInI "'""" atueft- on ,our~""""" financial Accounting A:e f.al Kt:., t1u. diffi:n from . .... ,.... nal_ i.... on m.c llw fiowlctal ...J &naMa ic Id'ftWIrJl aft for ptQpIir pri. .-1l,' OOIlHir tht' orpnl. _1lle informat .... IOC" not only IO~ _...en. I •••••. and """, but aIootoCftdlton and ~ern~unions,~ .• ,~ figure 17.2 - - - - . . . W IOJ'~"''' -_. - ....,.-. ........... - 4U- n. '*POfU. ...-~ __C !t4 ~ ,,_MClt_ _M_ -~- .. $ tgrlM, $1i0oi_"'1 "'<UIuM"_,,,~ _ _tho ---~ ~lO"""'_ .
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chpt17 - &quot;*To . . THE IMPORTANCE OF ACCOUNTING...

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