Presentation is loading. Please wait.

Presentation is loading. Please wait.

Indicator 2.02 Acquire a foundational knowledge of accounting to understand its nature and scope.

Similar presentations


Presentation on theme: "Indicator 2.02 Acquire a foundational knowledge of accounting to understand its nature and scope."— Presentation transcript:

1 Indicator 2.02 Acquire a foundational knowledge of accounting to understand its nature and scope.

2 Characteristics of useful financial information Credible Transparent Timely Understandable Comparable Reliable

3 Describe the usefulness of financial information in identifying trends

4 How managers use financial information In planning strategies Executing strategies Feedback from execution of the strategy

5 Usefulness of financial information in contracts

6 Analysis of financial data aids in understanding accounting treatment

7 How analysis of financial data aids in verifying information

8 How analysis of financial data aids in determining variance

9 How analysis of financial data guides financial decision-making


Download ppt "Indicator 2.02 Acquire a foundational knowledge of accounting to understand its nature and scope."

Similar presentations


Ads by Google