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Financial Accounting Role in Society

1. The document is a collaborative module from Emilio Aguinaldo College for a course in Financial Accounting I. 2. The topic is on the role of accounting in society and the intended learning outcomes are for students to become familiar with financial accounting, identify its role, and explain the importance of the accountancy profession. 3. The module asks students to answer brief questions about the importance of accounting, how accounting information is used, typical accounting activities, why accounting is important to stakeholders, and career paths for those with accounting education.

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Aira Nhaira Mecate
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51 views1 page

Financial Accounting Role in Society

1. The document is a collaborative module from Emilio Aguinaldo College for a course in Financial Accounting I. 2. The topic is on the role of accounting in society and the intended learning outcomes are for students to become familiar with financial accounting, identify its role, and explain the importance of the accountancy profession. 3. The module asks students to answer brief questions about the importance of accounting, how accounting information is used, typical accounting activities, why accounting is important to stakeholders, and career paths for those with accounting education.

Uploaded by

Aira Nhaira Mecate
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

EMILIO AGUINALDO COLLEGE ISO 9001:2015 CERTIFIED

`
www.eac.edu.ph

COLLABORATIVE MODULE FOR OUTCOMES-BASED AND FLEXIBLE LEARNING


IN COURSE FINANCIAL ACCOUNTING I

Name of Student: _____________________________ Major:_________________


Name of Professor: ___________________________ Schedule:_________
Week no.: 1 Duration: 1 week Lesson no.: 1 No. of Hours: 3

TOPIC: ROLE OF ACCOUNTING IN THE SOCIETY


INTENDED LEARNING OUTCOMES
1.Familiarity of students with financial accounting and its other aspects
2.Identify the role of accounting in our society
3. Explain the importance of accountancy profession
Please answer the following questions briefly:
1. Explain the Importance of Accounting and Distinguish between Financial and Managerial Accounting
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
2. Identify Users of Accounting Information and How They Apply Information
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
3. Describe Typical Accounting Activities and the Role Accountants Play in Identifying, Recording, and Reporting
Financial Activities
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
4. Explain Why Accounting Is Important to Business Stakeholders
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
5. Describe the Varied Career Paths Open to Individuals with an Accounting Education
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________

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