Introduction

Adriana Duţescu ()
Additional contact information
Adriana Duţescu: Bucharest University of Economic Studies

Chapter Chapter 1 in Financial Accounting, 2019, pp 1-10 from Springer

Abstract: Abstract This chapter starts by setting the scene beyond accounting and accountancy, presenting a brief history of accounting and the different types of business entities with their legal characteristics. Differences between financial and managerial accounting and the connections between accounting and taxation are revealed, from an international perspective, but also touching on Romania’s particular case. Further on, the reader gets familiar with different roles of accounting, levels of user needs, availability of information and complexity of the ‘language of business’. The different types of business entities are presented also in their role of accounting information providers. The end of the chapter contains quizzes and exercises, meant to guide readers’ curiosity further into better understanding of the accounting phenomena. As a conclusion, we propose chapter summary questions and their answers.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-29485-4_1

Ordering information: This item can be ordered from
http://www.springer.com/9783030294854

DOI: 10.1007/978-3-030-29485-4_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().