TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 12 - Needles, Powers, Crosson

Chapter 12 - Current liabilities. Chapter 12 presents the management issues associated with current liabilities, contingent liabilities, and payroll accounting. | Current Liabilities Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 12 Learning Objectives Identify the management issues related to recognition, valuation, classification, and disclosure of current liabilities. Identify, compute, and record definitely determinable and estimated current liabilities. Distinguish contingent liabilities from commitments. Supplemental Objective Compute and record the liabilities associated with payroll accounting. Management Issues Related to Accounting for Current Liabilities Objective 1 Identify the management issues related to recognition, valuation, classification, and disclosure of current liabilities are incurred to meet cash needs during the operating cycle The proper identification and management of current liabilities requires an understanding of how they are Recognized Valued Classified Disclosed Current liabilities typically equal from 25 to 50 percent of total assets Current Liabilities Management Issues .

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Accounting information
• Current liabilities
• Contingent liabilities
• 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