TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 6 - Needles, Powers, Crosson

Chapter 6 - Financial reporting and analysis. This chapter introduces the objectives and qualitative aspects of financial information. It demonstrates how much more useful classified financial statements are than simple financial statements in presenting information to statement users. This chapter also includes an introduction to financial statement analysis. | Financial Reporting and Analysis Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 6 6– Learning Objectives State the objectives of financial reporting. State the qualitative characteristics of accounting information and describe their interrelationships. Define and describe the conventions of comparability and consistency, materiality, conservatism, full disclosure, and cost-benefit. 6– Learning Objectives (cont’d) Explain management’s responsibility for ethical financial reporting and define fraudulent financial reporting. Identify and describe the basic components of a classified balance sheet. Prepare multistep and single-step classified income statements. Evaluate liquidity and profitability using classified financial statements. 6– Objectives of Financial Accounting Objective 1 State the objectives of financial reporting 6– Purpose of Financial Accounting To provide financial information about a company, particularly its ability to .

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Financial statements
• Financial reporting
• Financial analysis
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Accounting information
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting