Introduction to Accounting BUSI 120A

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Introduction to Accounting BUSI 120A Nancy Goehring

Definitions Syllabus Accounting Business transaction Analyzing, classifying, recording, summarizing, and interpreting business transactions in financial terms Business transaction An event that has a direct effect on the operation of a business

Definitions Bookkeeper Accountant Records business transactions in financial terms Accountant Designs and implements the system that the bookkeeper uses

Importance of Accounting Information You will be dealing with Accounting forms Accounting language Accounting reports Users of accounting information Owners - Managers Creditors - Government agencies Suppliers

Career Opportunities Accounting clerk General bookkeeper Public accountant Managerial accountant Not for profit accounting

Introductions Your Name Why you are taking this course Why you are in school (what are your goals?) Tell us something interesting about yourself (one or two things you have done or plan to do, and/or something unique about you)