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Unformatted text preview: Be able to conduct transaction analysis (given a business transaction know how it affects the accounting equation and the financial statements). Know the generally accepted accounting principles of financial reporting (such as revenue recognition, matching, separate entity, full disclosure, materiality, etc.). Define and explain the acronym IFRS and be aware of the U.S. roadmap. Be able to prepare journal entries and record transactions in T accounts....
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This note was uploaded on 02/24/2010 for the course GB 112 taught by Professor Osterheld during the Spring '10 term at Bentley.
- Spring '10