Vocabulary
Name the English translation of the following words:
- Shaxsiy hisobchi
- Ommaviy hisobchi
- Moliyaviy buxgalteriya
- Private accountant
- Public Accountant
- Financial Accounting
WHAT IS ACCOUNTING
Accounting is the process of recording, summarizing, and reporting financial information. It helps businesses know how much money they have, spend, and earn.
BUS INESS ENTITY PRINCIPLE
Korxonaning alohidaligi tamoyili
The business and the owner are separate. The owner’s personal money is not business money.
Korxona va egasi alohida hisoblanadi. Eganning shaxsiy puli — korxona puli emas.
Types of Auditing
INTERNAL AUDIT
EXTERNAL AUDIT
TAX AUDIT
How many colors are there in a rainbow? Name the in a row
Red
Orange
Yellow
Green
Blue
Indigo
Violet
Name the English translation of the following words:
- biznesni boshqarish / biznesni yuritish
- xarajatlarni nazorat qilish
- biznes egalari
- Run the business
- Control costs
- Business owners
What is Auditing?
Auditing is the process of examining a company’s financial records to make sure everything is correct and accurate.
DOUBLE-ENTRY PRINCIPLE
Ikki yoqlama yozuv tamoyili
Every transaction has two sides. We record it in two accounts: Debit and Credit.
Har bir operatsiya ikki tomonga ta’sir qiladi. Shuning uchun u ikki schyotda yoziladi: Debet va Kredit.
What are Accounting Careers? Describe their responsibilities
Accountant
Bookkeeper
Budget analyst
How many continents are there?
Seven
Asia
Africa
North America
South America
Antarctica
Europe
Australia
Characteristics of Good Recording
Good accounting records must be:
- aniq
- to‘liq
- vaqtida
- tartibli
Good accounting records must be:
accurate — aniq
complete — to‘liq
timely — vaqtida
organized — tartibli
WHAT ARE ASSETS AND LIABILITIES?
ASSETS ARE THINGS THAT A COMPANY HAS AND USES IN ITS BUSINESS. THEY HAVE VALUE AND HELP THE COMPANY WORK.
LIABILITIES ARE WHAT A COMPANY OWES TO OTHER PEOPLE OR ORGANIZATIONS. IT IS MONEY THE COMPANY MUST PAY IN THE FUTURE.
GOING CONCERN PRINCIPLE
Davomiylik tamoyili
Every business is expected to continue working in the future. It will not close soon.
Har bir korxona kelajakda faoliyatini davom ettiradi deb hisoblanadi. U yaqin vaqtda yopilmaydi.
Purpose of Auditing
1. Make sure the company fo lows rules
2. Find mistakes
3. Check the money and records are correct
4. Help owners and managers trust the records
Which month has 28 days?
All months
Name the English translation of the following words:
- uchinchi tomon (muhosiba yoki tekshirish uchun mustaqil shaxs)
- moliyaviy hisobotlar
- xodim
1. Third-party
2. Financial statements
3. Employee
What is Amortization?
Amortization is the process of spreading the cost of a long-term asset (like a machine or building) over its useful life.
Amortizatsiya — bu uzoq muddatli aktiv (masalan, uskuna yoki bino) qiymatini foydalanish davri bo‘yicha bosqichma-bosqich hisobga olish jarayonidir.
CONSISTENCY PRINCIPLE
Doimiylik tamoyili
Always use the same accounting rules from one period to another.
Har doim bir xil buxgalteriya qoidalarini ishlatish kerak.
Before recording a transaction, accountants check source documents. These documents prove the transaction is real.
Which documents are they?
Receipt — Chek
Invoice — Hisob faktura
Bill — Hisob
Contract — Shartnoma
What is the fastest land animal?
Find the appropriate terms:
1. What the business has
2. What the business owes
3. Owner’s part
4. Money coming in
5. Money going out
1.Assets
2.Liabilities
3.Equity
4. Revenue
5.Expenses
What is a Business Transaction?
A business transaction is any financial activity that changes the value of a business.
Biznes tranzaksiyasi – bu biznes qiymatini o‘zgartiruvchi har qanday moliyaviy faoliyat.
CONSERVATISM PRINCIPLE
Ehtiyotkorlik tamoyili
Record expenses and losses as soon as possible, but record income only when certain.
Xarajat va zararlarni iloji boricha tez yozish, daromadni esa faqat aniq bo‘lganda.
Where Transactions Are Recorded?
1. Journal — first record
2. Ledger — grouped accounts
3. Financial Statements — final reports
How many bones are there in the adult human body?
206