\documentclass[10pt,a4paper]{article}

% Packages
\usepackage{fancyhdr}           % For header and footer
\usepackage{multicol}           % Allows multicols in tables
\usepackage{tabularx}           % Intelligent column widths
\usepackage{tabulary}           % Used in header and footer
\usepackage{hhline}             % Border under tables
\usepackage{graphicx}           % For images
\usepackage{xcolor}             % For hex colours
%\usepackage[utf8x]{inputenc}    % For unicode character support
\usepackage[T1]{fontenc}        % Without this we get weird character replacements
\usepackage{colortbl}           % For coloured tables
\usepackage{setspace}           % For line height
\usepackage{lastpage}           % Needed for total page number
\usepackage{seqsplit}           % Splits long words.
%\usepackage{opensans}          % Can't make this work so far. Shame. Would be lovely.
\usepackage[normalem]{ulem}     % For underlining links
% Most of the following are not required for the majority
% of cheat sheets but are needed for some symbol support.
\usepackage{amsmath}            % Symbols
\usepackage{MnSymbol}           % Symbols
\usepackage{wasysym}            % Symbols
%\usepackage[english,german,french,spanish,italian]{babel}              % Languages

% Document Info
\author{mgxx2004 (mgrawahi)}
\pdfinfo{
  /Title (fa-accounting-in-action.pdf)
  /Creator (Cheatography)
  /Author (mgxx2004 (mgrawahi))
  /Subject (FA - Accounting in Action Cheat Sheet)
}

% Lengths and widths
\addtolength{\textwidth}{6cm}
\addtolength{\textheight}{-1cm}
\addtolength{\hoffset}{-3cm}
\addtolength{\voffset}{-2cm}
\setlength{\tabcolsep}{0.2cm} % Space between columns
\setlength{\headsep}{-12pt} % Reduce space between header and content
\setlength{\headheight}{85pt} % If less, LaTeX automatically increases it
\renewcommand{\footrulewidth}{0pt} % Remove footer line
\renewcommand{\headrulewidth}{0pt} % Remove header line
\renewcommand{\seqinsert}{\ifmmode\allowbreak\else\-\fi} % Hyphens in seqsplit
% This two commands together give roughly
% the right line height in the tables
\renewcommand{\arraystretch}{1.3}
\onehalfspacing

% Commands
\newcommand{\SetRowColor}[1]{\noalign{\gdef\RowColorName{#1}}\rowcolor{\RowColorName}} % Shortcut for row colour
\newcommand{\mymulticolumn}[3]{\multicolumn{#1}{>{\columncolor{\RowColorName}}#2}{#3}} % For coloured multi-cols
\newcolumntype{x}[1]{>{\raggedright}p{#1}} % New column types for ragged-right paragraph columns
\newcommand{\tn}{\tabularnewline} % Required as custom column type in use

% Font and Colours
\definecolor{HeadBackground}{HTML}{333333}
\definecolor{FootBackground}{HTML}{666666}
\definecolor{TextColor}{HTML}{333333}
\definecolor{DarkBackground}{HTML}{0E2B5E}
\definecolor{LightBackground}{HTML}{F7F8F9}
\renewcommand{\familydefault}{\sfdefault}
\color{TextColor}

% Header and Footer
\pagestyle{fancy}
\fancyhead{} % Set header to blank
\fancyfoot{} % Set footer to blank
\fancyhead[L]{
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{C}
    \SetRowColor{DarkBackground}
    \vspace{-7pt}
    {\parbox{\dimexpr\textwidth-2\fboxsep\relax}{\noindent
        \hspace*{-6pt}\includegraphics[width=5.8cm]{/web/www.cheatography.com/public/images/cheatography_logo.pdf}}
    }
\end{tabulary}
\columnbreak
\begin{tabulary}{11cm}{L}
    \vspace{-2pt}\large{\bf{\textcolor{DarkBackground}{\textrm{FA - Accounting in Action Cheat Sheet}}}} \\
    \normalsize{by \textcolor{DarkBackground}{mgxx2004 (mgrawahi)} via \textcolor{DarkBackground}{\uline{cheatography.com/197440/cs/41617/}}}
\end{tabulary}
\end{multicols}}

\fancyfoot[L]{ \footnotesize
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{LL}
  \SetRowColor{FootBackground}
  \mymulticolumn{2}{p{5.377cm}}{\bf\textcolor{white}{Cheatographer}}  \\
  \vspace{-2pt}mgxx2004 (mgrawahi) \\
  \uline{cheatography.com/mgrawahi} \\
  \end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Cheat Sheet}}  \\
   \vspace{-2pt}Not Yet Published.\\
   Updated 13th December, 2023.\\
   Page {\thepage} of \pageref{LastPage}.
\end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Sponsor}}  \\
  \SetRowColor{white}
  \vspace{-5pt}
  %\includegraphics[width=48px,height=48px]{dave.jpeg}
  Measure your website readability!\\
  www.readability-score.com
\end{tabulary}
\end{multicols}}




\begin{document}
\raggedright
\raggedcolumns

% Set font size to small. Switch to any value
% from this page to resize cheat sheet text:
% www.emerson.emory.edu/services/latex/latex_169.html
\footnotesize % Small font.

\begin{multicols*}{3}

\begin{tabularx}{5.377cm}{x{1.89126 cm} x{3.08574 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Accounting 101}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{Accounting}} & the information system that identifies, records, and communicates the economic events of an organisation to interested users. \tn 
% Row Count 6 (+ 6)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 6 (+ 0)
% Row 2
\SetRowColor{LightBackground}
{\bf{Financial Accounting}} & the field of accounting that provides economic and financial information for investors, creditors, and other external users. \tn 
% Row Count 12 (+ 6)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 12 (+ 0)
% Row 4
\SetRowColor{LightBackground}
{\bf{Managerial Accounting}} & the field of accounting that provides internal reports to help users make decisions about their \seqsplit{companies/organisations.} \tn 
% Row Count 17 (+ 5)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{X}
\SetRowColor{DarkBackground}
\mymulticolumn{1}{x{5.377cm}}{\bf\textcolor{white}{3 Accounting Activities}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{{\bf{Accounting consists of three basic activities:}}} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{} \tn 
% Row Count 1 (+ 0)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{1. Identification (identifying economic events/transactions).} \tn 
% Row Count 3 (+ 2)
% Row 3
\SetRowColor{white}
\mymulticolumn{1}{x{5.377cm}}{2. Recording (record, classify, and summarise).} \tn 
% Row Count 4 (+ 1)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{1}{x{5.377cm}}{3. Communication (preparing accounting reports, analysing \& interpreting for users).} \tn 
% Row Count 6 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}-}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.34379 cm} x{3.63321 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Accounting 101}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{Bookkeeping}} & a part of accounting that involves only the recording of economic events. \tn 
% Row Count 3 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.00694 cm} x{1.78503 cm} x{1.78503 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{3}{x{5.377cm}}{\bf\textcolor{white}{Accounting Users}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{3}{x{5.377cm}}{There are two broad groups of users of financial information: internal users \& external users.} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{3}{x{5.377cm}}{} \tn 
% Row Count 2 (+ 0)
% Row 2
\SetRowColor{LightBackground}
{\bf{1. \seqsplit{Internal} Users}} & individuals inside a \seqsplit{company/organisation} who plan, organise, and run the business. &  \tn 
% Row Count 8 (+ 6)
% Row 3
\SetRowColor{white}
\seqsplit{Examples:} & Marketing Managers, Production Supervisors, Finance Directors, Company Officers. &  \tn 
% Row Count 14 (+ 6)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{3}{x{5.377cm}}{} \tn 
% Row Count 14 (+ 0)
% Row 5
\SetRowColor{white}
{\bf{2. \seqsplit{External} Users}} & individuals and organisations outside a \seqsplit{company/organisation} who want financial information about the \seqsplit{company/organisation}. &  \tn 
% Row Count 23 (+ 9)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{3}{x{5.377cm}}{} \tn 
% Row Count 23 (+ 0)
% Row 7
\SetRowColor{white}
{\bf{Type}} & {\bf{Example}} & {\bf{Purpose of using accounting information}} \tn 
% Row Count 26 (+ 3)
% Row 8
\SetRowColor{LightBackground}
a. \seqsplit{Investors} & Owners & use accounting information to decide to buy, hold, or sell ownership shares of a \seqsplit{company/organisation}. \tn 
% Row Count 33 (+ 7)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{1.00694 cm} x{1.78503 cm} x{1.78503 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{3}{x{5.377cm}}{\bf\textcolor{white}{Accounting Users (cont)}}  \tn
% Row 9
\SetRowColor{LightBackground}
b. \seqsplit{Creditors} & Suppliers \& Bankers & use accounting information to evaluate the risks of granting credit or lending money. \tn 
% Row Count 6 (+ 6)
% Row 10
\SetRowColor{white}
c. Taxing \seqsplit{Authorities} & - & use accounting info to know whether the company complies with tax law. \tn 
% Row Count 11 (+ 5)
% Row 11
\SetRowColor{LightBackground}
d. \seqsplit{Regulatory} \seqsplit{Agencies} & - & use accounting info to know whether the company is operating within prescribed rules. \tn 
% Row Count 17 (+ 6)
% Row 12
\SetRowColor{white}
e. \seqsplit{Customers} & - & - \tn 
% Row Count 19 (+ 2)
% Row 13
\SetRowColor{LightBackground}
f. Labour Unions & - & use accounting info to know whether the company can pay increased wages and benefits to union members. \tn 
% Row Count 26 (+ 7)
\hhline{>{\arrayrulecolor{DarkBackground}}---}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{0.9954 cm} x{3.9816 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Accounting 101}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{Ethics}} & the standards of conduct by which one's actions are judged as right or wrong, honest or dishonest, fair or not. \tn 
% Row Count 4 (+ 4)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{p{0.4977 cm} p{0.4977 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Steps in analysing ethics cases and situations}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{1. Recognising an ethical situation and the ethical issues involved.} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{2. Identifying and analysing the principal elements of the situation.} \tn 
% Row Count 4 (+ 2)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{3. Identifying the alternatives, and weighing the impact of each alternative on various stakeholders.} \tn 
% Row Count 7 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Accounting Standards}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Accounting Standards ensure high-quality financial reporting.} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 2 (+ 0)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{There are two primary \seqsplit{accounting-standard-setting} bodies:} \tn 
% Row Count 4 (+ 2)
% Row 3
\SetRowColor{white}
1. {\bf{IASB}} - International Accounting Standards Board & Determines International Financial Reporting Standards ({\bf{IFRS}}). \tn 
% Row Count 8 (+ 4)
% Row 4
\SetRowColor{LightBackground}
 & Used in 130 countries. \tn 
% Row Count 10 (+ 2)
% Row 5
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 10 (+ 0)
% Row 6
\SetRowColor{LightBackground}
2. {\bf{FASB}} - Financial Accounting Standards Board & Determines Generally Accepted Accounting Principles ({\bf{GAAP}}). \tn 
% Row Count 14 (+ 4)
% Row 7
\SetRowColor{white}
 & Used by most companies in the USA. \tn 
% Row Count 16 (+ 2)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 16 (+ 0)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{The two standard-setting bodies have made efforts to reduce the difference between IFRS \& U.S. GAAP.} \tn 
% Row Count 18 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.34379 cm} x{3.63321 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Accounting 101}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{Convergence}} & the process of reducing the difference between IFRS and GAAP. \tn 
% Row Count 3 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Measurement Principles}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{IFRS generally uses one of two measuring principles, the {\bf{cost principle}} or the {\bf{fair value principle}}.} \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 3 (+ 0)
% Row 2
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{The selection of which principle to follow generally relates to {\bf{trade-offs}} between {\bf{relevance}} and {\bf{faithful representation}}.} \tn 
% Row Count 6 (+ 3)
% Row 3
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 6 (+ 0)
% Row 4
\SetRowColor{LightBackground}
1. Cost Principle (historical cost principle) & - Companies record assets at their cost. \tn 
% Row Count 9 (+ 3)
% Row 5
\SetRowColor{white}
 & - Not only at the time the asset is purchased but also over the time the asset is held. \tn 
% Row Count 14 (+ 5)
% Row 6
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 14 (+ 0)
% Row 7
\SetRowColor{white}
2. Fair Value Principle & - Assets and liabilities should be reported at fair value (the price received to sell an asset or settle a liability). \tn 
% Row Count 20 (+ 6)
% Row 8
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{} \tn 
% Row Count 20 (+ 0)
% Row 9
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{In determining which measurement principle to use, companies weighs the {\bf{factual nature of cost figures}} vs. the {\bf{relevance of fair value}}.} \tn 
% Row Count 23 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.21133 cm} x{1.08602 cm} x{1.46195 cm} p{0.4177 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{4}{x{5.377cm}}{\bf\textcolor{white}{Assumptions}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{4}{x{5.377cm}}{Assumptions provide the foundation for the accounting process. The two main assumptions are:} \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
\mymulticolumn{4}{x{5.377cm}}{} \tn 
% Row Count 2 (+ 0)
% Row 2
\SetRowColor{LightBackground}
{\bf{1. Monetary Unit Assumption}} & an \seqsplit{assumption} stating that companies include in the \seqsplit{accounting} records only \seqsplit{transaction} data that can be expressed in terms of money. &  &  \tn 
% Row Count 16 (+ 14)
% Row 3
\SetRowColor{white}
 & - enables \seqsplit{accounting} to quantify (measure) economic events. & - vital to applying the measurement principles. &  \tn 
% Row Count 22 (+ 6)
% Row 4
\SetRowColor{LightBackground}
\mymulticolumn{4}{x{5.377cm}}{} \tn 
% Row Count 22 (+ 0)
% Row 5
\SetRowColor{white}
{\bf{2. Economic Entity Assumption}} & an \seqsplit{assumption} that requires that the \seqsplit{activities} of an entity be kept separate from the \seqsplit{activities} of its owner and all other economic entities. &  &  \tn 
% Row Count 37 (+ 15)
\hhline{>{\arrayrulecolor{DarkBackground}}----}
\end{tabularx}
\par\addvspace{1.3em}


% That's all folks
\end{multicols*}

\end{document}