Contabilidade - 03 (Aula 01)

Luca Pacioli is considered the "father of accounting" for his groundbreaking work in double-entry bookkeeping.

In double-entry bookkeeping, for every debit entry, there must be an equal credit entry to maintain the accounting equation.

These organizations oversee and regulate accounting practices in Brazil, ensuring transparency and standardization.

The European school emphasizes subjective interpretations and estimations, while the Anglo-Saxon school focuses on objective, verifiable information.

Accounting is a tool that provides valuable information for decision-making both inside and outside the company.

Accounting is considered a human science because it involves human actions that alter the financial status of a company or individual.

Financial accounting provides essential information for tax purposes and is mandatory for companies.

In the double-entry method, the total credit amount must always be equal to the total debit amount to ensure balance.

ICMS à recuperar refers to the Value Added Tax (VAT) that a company can recover, typically on purchases of goods and services.

One perspective of sustainable growth is to achieve maximum profitability while minimizing environmental impact and social responsibility.