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BUSS1030 Accounting, Business, and Society

This class was created by Brainscape user Fergus O' Sullivan. Visit their profile to learn more about the creator.

Decks in this class (13)

1 - Introduction to accounting
What is a business,
What is accounting,
What are the factors affecting th...
32  cards
2 - Introduction to accounting
What is an accounting system,
What are two branches of accounting,
What is management accounting
35  cards
3 - Developing a Business Plan - Cost Volume Profit Analysis
What is a business plan,
What are the three main purposes ...,
How does a business plan help org...
41  cards
4 - Developing a Business Plan - Budgeting
What is a budget,
Why should we budget,
How does a budget add discipline
23  cards
5 - Revision
In addition to knowledge of accou...,
Give an example of a service busi...,
What factors would you consider i...
15  cards
6 - The Accounting System: Concepts and Applications
Why do managers investors credito...,
What are the basic concepts and t...,
What is the entity concept
32  cards
7 - Internal Control - Managing and reporting working capital
What is working capital,
What is internal control structure,
What is cash
26  cards
8 - The Income Statement
Why is a business s income statem...,
What is another name for an incom...,
What is an income statement
44  cards
9 - The Balance sheet
What information does a balance s...,
What is the purpose of the balanc...,
Why is the balance sheet important
42  cards
10 - The Cash Flow Statement
What is a cash flow statement,
Why is a business s cash flow sta...,
What types of transactions may ca...
14  cards
11 - Short Term Planning Decisions
How do relevant costs and revenue...,
What are relevant costs,
What are sunk costs
16  cards
12 - Evolving Topic
What is sustainability reporting,
What is triple bottom line,
What is a global reporting initia...
5  cards
13 - Revision
Can you think of more examples of...,
Why are at least two effects of e...,
What are revenues and expenses an...
29  cards

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BUSS1030 Accounting, Business, and Society

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