» Từ khóa: accounting cycle

The objectives of this chapter are: Distinguish between managerial and financial accounting; identify the cost components of a product made by a manufacturing company: the cost of materials, labor, and overhead; explain the effects on financial statements of product costs versus general, selling, and administrative costs; prepare a schedule of cost of goods manufactured and sold; distinguish product costs from upstream and downstream costs;...

 16 p fbu 23/06/2016 189 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Managerial accounting, Product costing

The learning objectives in this chapter are: Identify the key elements of a strong system of internal control, prepare a bank reconciliation, discuss the role of ethics in the accounting profession, discuss the auditor’s role in financial reporting.

 15 p fbu 23/06/2016 160 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Internal controls, Accounting profession

After completing this chapter, students will be able to: Explain how the allowance method of accounting for uncollectible accounts affects financial statements, determine uncollectible accounts expense using the percent of revenue method, determine uncollectible accounts expense using the percent of receivables method, explain how accounting for notes receivable and accrued interest affects financial statements, explain how accounting for...

 15 p fbu 23/06/2016 176 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Accounting for receivables, Inventory cost flow

In this chapter, the learning objectives are: Identify the primary characteristics of sole proprietorships, partnerships, and corporations, analyze financial statements to identify the different types of business organizations, explain the characteristics of major types of stock issued by corporations, explain how to account for different types of stock issued by corporations,...

 15 p fbu 23/06/2016 157 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Capital structure, Capital stock

The learning objectives for chapter 6 include: Identify different types of long-term operational assets; determine the cost of long-term operational assets; explain how different depreciation methods affect financial statements; determine how gains and losses on disposals of long-term operational assets affect financial statements;…

 15 p fbu 23/06/2016 177 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Long-term operational assets, Depreciation method

After completing this chapter, students will be able to: Show how notes payable and related interest expense affect financial statements, show how sales tax liabilities affect financial statements, define contingent liabilities and explain how they are reported in financial statements, explain how warranty obligations affect financial statements,...

 15 p fbu 23/06/2016 171 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Accounting for liabilities, Bonds issued

When you finish this chapter, you should: Identify and describe fixed, variable, and mixed cost behavior; demonstrate the effects of operating leverage on profitability; prepare an income statement using the contribution margin approach; calculate the magnitude of operating leverage;...

 15 p fbu 23/06/2016 169 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Cost behavior, Operating leverage

After you have mastered the material in this chapter, you will be able to: Describe factors associated with communicating useful information, differentiate between horizontal and vertical analysis, explain ratio analysis, calculate ratios for assessing a company’s liquidity, calculate ratios for assessing a company’s solvency, calculate ratios for assessing company management’s effectiveness, calculate ratios for assessing a company’s...

 15 p fbu 23/06/2016 184 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Financial statement, Financial statement analysis

After studying this chapter you will be able to: Identify the characteristics of relevant information; distinguish between unit-level, batch-level, product-level, and facility-level costs and understand how these costs affect decision making; make appropriate special order decisions; make appropriate outsourcing decisions; make appropriate segment elimination decisions; make appropriate asset replacement decisions.

 16 p fbu 23/06/2016 152 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Special decisions, Relevant information

After studying this chapter you will be able to: Explain the time value of money concept and apply it to capital investment decisions, determine the present value of future cash flows, determine and interpret the net present value of an investment opportunity, determine and interpret the internal rate of return of an investment opportunity,...

 15 p fbu 23/06/2016 196 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Capital investments, Planning for capital investments

Learning objectives of this chapter include: Describe the budgeting process and the benefits it provides; explain the relationship between budgeting and human behavior; prepare a sales budget and related schedule of cash receipts; prepare an inventory purchases budget and related schedule of cash payments;...

 15 p fbu 23/06/2016 165 2 Download

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Planning for profit, Cost control

Chapter 4 - Adjustments, financial statements, and the quality of earnings. After studying this chapter, you should be able to: Explain the purpose of a trial balance; explain the purpose of adjustments and analyze the adjustments necessary at the end of the period to update balance sheet and income statement accounts; present an income statement with earnings per share, statement of stockholders' equity, balance sheet, and statement of cash...

 17 p fbu 25/05/2016 188 2 Download

Từ khóa: Financial accounting, Lecture Financial accounting, Financial statements, Balance sheet, Accounting cycle, Quality of earnings