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Introduction - what is Accounting about
Intro part - what is accounting and why people have invented it?
And second part - Basic accounting definitions
If you want to study more ...
https://en.wikipedia.org/wiki/Luca_Pacioli
Tasks for next week:
Watch the movie "The Godfather" (https://www.imdb.com/title/tt0068646/) and watch it from the perspective of management. Based on this, write two paragraphs (8 - 10 lines each). First paragraph: 1) Why was Don Corleone the good manager? Second paragraph 2) Why was his business not sustainable?
Remember - next week is self-study (watching the movie, writing the two paragraphs), see you again in the classroom on 28th of February at 8:30.
Accounting and Godfather
For I am abroad this week, please, do this as homework ...
Study these two videos:
Based on the movie, please write two paragraphs (all two together be no longer than one page). In the first paragraph please explain why Don Corleone is a good manager.
In the second paragraph, please explain, why his business is not sustainable.
Bring these paragraphs for the next lectures.