1. Introduction K-IFRS 1007 ‘Statement of Cash Flows’ plays a crucial role in understanding changes in a company’s cash and cash equivalents. This standard provides essential information for evaluating an entity’s liquidity, solvency, and financial flexibility. This guide offers the following benefits: 2. Overview The objective of K-IFRS 1007 is to provide information about historical … Read more
1. Introduction K-IFRS 1001 ‘Presentation of Financial Statements’ is a fundamental accounting standard that forms the basis of corporate financial reporting. This standard establishes the structure and content of financial statements, playing a crucial role in accurately and transparently communicating a company’s financial position and performance. It directly impacts the financial reporting of all businesses … Read more
Introduction The acquisition cost of inventory is a critical element in accurately measuring a company’s financial position and operating performance. With increasing global supply chain complexity and raw material price volatility in 2024, accurate determination of acquisition costs has become more important than ever. K-IFRS (Korean International Financial Reporting Standards) clearly defines inventory acquisition costs … Read more
Introduction The distinction between direct and indirect costs plays a vital role in financial analysis and decision-making within management accounting. With the recent adoption of K-IFRS (Korean International Financial Reporting Standards), the importance of this cost classification has become even more prominent, as accurate cost information directly impacts a company’s competitiveness and profitability. Through this … Read more
Introduction Manufacturing cost components and cost classification are fundamental concepts in cost and management accounting, playing a crucial role in financial analysis and business decision-making. With the adoption of K-IFRS (Korean International Financial Reporting Standards), these concepts have become increasingly important. As emphasis grows on cost information accuracy and transparency, understanding the detailed components of … Read more
Financial vs Cost vs Management Accounting accounting are essential fields in modern business management. They play crucial roles in measuring a company’s financial position and performance, supporting decision-making processes, and managing costs. Particularly since the adoption of K-IFRS (Korean International Financial Reporting Standards), the importance of these accounting fields has become even more prominent. Through … Read more
Today, we’re diving deep into one of the fundamental principles of accounting: the Principle of Equilibrium, also known as the Accounting Equation. As a financial expert with extensive experience in economics and accounting, I’m excited to guide you through this crucial concept that forms the backbone of modern accounting practices. “The accounting equation is the … Read more
감가상각비 뜻 계산 정률법 회계처리 안녕하세요, 학생 여러분! 오늘은 회계학의 중요한 개념 중 하나인 정률법(定率法, Declining Balance Method)에 대해 깊이 있게 알아보겠습니다. 정률법은 감가상각의 핵심 방법 중 하나로, K-IFRS 하에서 유형자산의 가치 감소를 회계적으로 반영하는 중요한 도구입니다. 감가상각비 정률법 계산을 제대로 이해하지 못하면, 여러분의 재무제표 분석에 큰 오류가 발생할 수 있습니다. 그래서 오늘은 정률법의 모든 … Read more
회계 차변 대변 뜻 회계원리 이해하기 오늘은 회계의 기본 중의 기본, 차변(借邊, debit)과 대변(貸邊, credit)에 대해 알아보겠습니다. 복식부기(Double-entry bookkeeping system)는 회계학의 근간을 이루는 기록 시스템으로, 모든 거래를 두 측면에서 기록하는 체계적 방법론입니다. 본 강의에서는 복식부기의 핵심 요소인 차변과 대변의 이론적 토대와 실무적 적용에 대해 고찰하고자 합니다. 📌 학습 목표 퀴즈 차변과 대변의 정확한 의미는 무엇일까? … Read more