SCEIS ACCOUNTING 101U - South Carolina
[Pages:118]SCEIS ACCOUNTING 101U
LESSON 1: GENERAL ACCOUNTING OVERVIEW AND FUNDAMENTALS
Accounting Overview
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Accounting Overview
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Accounting Overview
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Accounting Overview
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Accounting Standards and Principles
Generally Accepted Accounting Principles(GAAP)
Used regardless of the size or nature of the organization Help measure and report on financial activities in a dependable, relevant and comparable way Primarily used by organizations that distribute financial statements to the public
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Accounting Standards and Principles
US Securities and Exchange Commission (SEC)
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