Topics
Foundations
- Brief history of accounting
- Basic accounting terms
- Book-keeping, accounting and accountancy
- Accounting cycle
- Stakeholders of accounting information
- Financial, cost and management accounting
Learning objectives
- Classify items as assets, liabilities, revenue or expense using basic terms.
Labs for this chapter are on the way
We are building worlds, labs and stories for Introduction to Accounting. Meanwhile, practise its questions or explore the rest of Commerce.