Gathering financial information
Preparing and collects permanent records
Rearranging, summarizing and classifying financial information
Preparing information reports and summaries
Establishing controls to promote accuracy and honesty among employees
Sole Proprietorship
Partnership
Corporation
Service
Manufacturing
Merchandising
Non-profit Organization
Originating Transaction Data
Journalizing
Posting
Trial Balance
Worksheet
Financial Statements
Closing Statements
Post-closing Trial Balance
A= L+OE
Assets
Accounts Reicevable
Bank
Supplies
Equipment
Building
Liabilities
Accounts Payable
Mortgage Payable
Bank Loan
Owner's Equity
Capital
Generally Accepted Accounting Principles
International Financial Reporting Standards
Canadian Institute of Chartered Accountants