TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 11 - Needles, Powers, Crosson

Chapter 11 - Long-term assets. Chapter 11 covers the management issues associated with the acquisition, operation, and disposal of property, plant, and equipment, natural resources, and intangible assets, as well as the concepts and techniques of depreciation, depletion, and amortization. | Long-Term Assets Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 11 Learning Objectives Identify the types of long-term assets and explain the management issues related to accounting for them. Distinguish between capital and revenue expenditures, and account for the cost of property, plant, and equipment. Define depreciation and compute depreciation under the straight-line, production, and declining-balance methods. Learning Objectives (cont’d) Account for the disposal of depreciable assets. Identify the issues related to accounting for natural resources and compute depletion. Identify the issues related to accounting for intangible assets, including research and development costs and goodwill. Supplemental Objective Apply depreciation methods to problems of partial years, revised rates, groups of similar items, special types of capital expenditures, and cost recovery. Management Issues Related to Accounting for Long-Term Assets Objective 1 Identify the

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Accounting information
• Long term assets
• Intangible assets
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• 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