How Do Companies Record Business Transactions? (Part 1)
Share this post
Companies engage in several types of transactions, from raising funds – through equity and debt – to making investments or purchasing goods or services and – hopefully – selling products and services. How do we record these transactions? Are all transactions relevant from an accounting point of view? Before watching the video, try to think about some important decisions or operations a company engages with, and try to guess whether it is relevant from an accounting perspective. A few hints may help: is hiring a CEO relevant? and buying a new plant? or investing into stocks of other companies? And purchasing a license?
The aim of this and the following video is providing you with an overarching logic to discern accounting relevant from irrelevant transactions.
You can find attached below the slides in pdf version we are presenting during the video.
Share this post
Our purpose is to transform access to education.
We offer a diverse selection of courses from leading universities and cultural institutions from around the world. These are delivered one step at a time, and are accessible on mobile, tablet and desktop, so you can fit learning around your life.
We believe learning should be an enjoyable, social experience, so our courses offer the opportunity to discuss what you’re learning with others as you go, helping you make fresh discoveries and form new ideas.
You can unlock new opportunities with unlimited access to hundreds of online short courses for a year by subscribing to our Unlimited package. Build your knowledge with top universities and organisations.
Learn more about how FutureLearn is transforming access to education
Register to receive updates
-
Create an account to receive our newsletter, course recommendations and promotions.
Register for free