Tugas I Bahasa Inggris Bisnis 2 (Softskill)

Financial accounting is part of the accounting related to the preparation of financial statements for external parties, such as shareholders, creditors, suppliers, and government. The main principle used in financial accounting is the accounting equation (assets = liabilities + equity). Financial accounting problems associated with recording transactions for a company or organization and preparation of periodic reports on the results of the recording. This report is prepared for general interest and is typically used to assess the achievement of the company owner or manager used as a manager of financial accountability to shareholders. The important thing is the presence of financial accounting Financial Accounting Standards (IFRS) which are the rules that should be used in the measurement and presentation of financial statements for external stakeholders. Therefore, the expected users and compilers of the financial statements can communicate through the financial statements, because they use the same reference, namely IFRS.