Engels Accountancy & Fiscaliteit
Unit 1- Accounting and finance in the changing world
Linking words
• Connect sentences and ideas
• Increase readability
Agreement Consequence Contrast Examples Conclusion
Moreover Therefore However For example In conclusion
Furthermore As a result Nevertheless In other words In brief
Additionally Consequently Nonetheless In short
Thus Although
Albeit
On the other
hand
Types of accounting
Management
Bookkeepers
accountants
Senior accountants
at financial
Internal auditing
controller and
director level
External auditors
1
, Engels Accountancy & Fiscaliteit
International accounting
GAAP IFRS IASC
Generally Accepted International Financial International
Accounting Principles Reporting Standards Accounting Standards
Committee
• Going concern Are set for accounting
principle rules for the financial Developed international
• The produce statements of public accounting standards to
principle companies that are improve the consistency
• The matching intended to make them and caparability of
principle financial reporting
• Consistent
• The constistency around the world.
• Transparent
principle
• Easily
comparable
around the world
è USA è EU
2
Unit 1- Accounting and finance in the changing world
Linking words
• Connect sentences and ideas
• Increase readability
Agreement Consequence Contrast Examples Conclusion
Moreover Therefore However For example In conclusion
Furthermore As a result Nevertheless In other words In brief
Additionally Consequently Nonetheless In short
Thus Although
Albeit
On the other
hand
Types of accounting
Management
Bookkeepers
accountants
Senior accountants
at financial
Internal auditing
controller and
director level
External auditors
1
, Engels Accountancy & Fiscaliteit
International accounting
GAAP IFRS IASC
Generally Accepted International Financial International
Accounting Principles Reporting Standards Accounting Standards
Committee
• Going concern Are set for accounting
principle rules for the financial Developed international
• The produce statements of public accounting standards to
principle companies that are improve the consistency
• The matching intended to make them and caparability of
principle financial reporting
• Consistent
• The constistency around the world.
• Transparent
principle
• Easily
comparable
around the world
è USA è EU
2
