Chapter one What Is Accounting? (第2章什么是会计?) Objective: Learn what financial accounting is Accounting is the gathering and reporting of a financial history of an organization Keeping this financial history is a continual process of capturing financial data, organizing it into a useful set of accounting records, and issuing periodic financial reports to users. We will see that accurate, up -to -date financial reports contain a great deal of useful information 账务会计账务会计 Chapter one What Is Accounting? (第2章 什么是会计？ ) Objective: Learn what financial accounting is . Accounting is the gathering and reporting of a financial history of an organization. Keeping this financial history is a continual process of capturing financial data, organizing it into a useful set of accounting records, and issuing periodic financial reports to users. We will see that accurate, up –to –date financial reports contain a great deal of useful information