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Lecture notes for Accounting module for University students

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This document contains notes from the lecture from one of the first lectures of the semester. It is clear to understand and will help build your knowledge of accounting.

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Uploaded on
January 30, 2022
Number of pages
3
Written in
2021/2022
Type
Class notes
Professor(s)
Hassan elgendi
Contains
One class

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Gold – definitions


Accounting module – week 13


Financial Analysts is a specialist person who understands financial
statements and makes predictions about a company.
They also advise investors if they should invest in this company or
not.




Balance sheet aka statement of financial position.


A business gets its money from:
the owners (owners’ equity)
-Share capital = money they put into the business. Called share
capital if more than one owner, called capital if just one owner.
-Reserves – if the owners money got them profit and they decide to
re-invest the money into the business it is called reserves.
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