Accounting Environment

1. Accounting

1.1. Definition

1.2. Classification

1.3. Uses of accounting information

2. Generally Accepted Accounting Principles (GAAP)

2.1. Basic principles

2.2. Business applied and modified

2.3. Based on the real situation

3. Forms of Business Enterprise

3.1. Partnership

3.2. Sole proprietorship

3.3. Coporation

4. Fundamental Concepts and Principles

4.1. Matching

4.2. Realization

4.3. Cost

4.4. Accounting Period

4.5. Money Measurements

4.6. Going-concern

4.7. Business Entity

5. Proffesional Organizations

5.1. Financial Acounting Standards Board(FASB)

5.2. Securities and Exchange Commission (SEC)

5.3. American Institute of Certified Public Accountants (AICPA)

5.4. American Accounting Association (AAA)