acca f3考试考什么呢？小编给大家整理了关于f3科目的常考知识点。快来看一看吧！
1. Financial reporting is a way of recording, analysing and summarising financial data.
2. Financial statement
2.1 The statement of financial position is simply a list of all the assets owned and all the liabilities owed by a business as at a particular date.
An asset is a resource controlled by an entity as a result of past events and from which future economic benefits are expected to flow to the entity.
A liability is a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.
Equity is the residual interest in the assets of the entity after deducting all its liabilities.
2.2 A statement of profit or loss is a record of income generated and expenditure incurred over a given period.
3. Types of business entity
3.1 A sole tradership is a business owned and run by one individual, perhaps employing one or two assistants and controlling their work. (unlimited liability)
3.2 Partnerships.These are arrangements between individuals to carry on business in common with a view to profit.(unlimited liability)
3.3 Limited liability status means that the business's debts and the personal debts of the business's owners (shareholders) are legally separate.(limited liability)
4. Those charged with governance of a company are responsible for the preparation of the financial statements.
