Tema 1: Accounting Key Terms and Definitions

Planing, recording, analizying and interpreting financial information

A planned process for providing financial information that will be useful to management

A record summarizing all the information pertaining to a single item in the accounting equiation

Organized summaries of a business financial activities

Financial reports that summarize the financial condition and operations of a business

The principles of right and wrong that gide an individual in making decisions

The use of ethics in making business decisions