Chapter 1 Slides (Students)

Chapter 1 Slides - BUSI 1004 Chapter 1 Click to edit Master subtitle style On Deck Financial Purpose of Accounting Financial Statements Statement

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Click to edit Master subtitle style BUSI 1004: Chapter 1
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On Deck Financial Purpose of Accounting Financial Statements Statement of Financial Position Statement of Income ICP 1-1, ICP 1-2
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1. Research in Motion 2. Air Canada 3. Lululemon
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The “FANTASTIC FOUR”: An Introduction 1. Statement of Financial Position (Balance Sheet) 2. Statement of Income 3. Statement of Changes in Shareholders’ Equity 4. Cash Flow Statement
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Statement of Financial Position Assets = Liabilities + Owners’ Equity Noncurrent Assets: - long-term investments - Property, Plant and Equipment - Intangible assets Current Assets Shareholders’ Equity: - Capital stock - Retained earnings Noncurrent Liabilities Current Liabilities
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Statement of Financial Position Current Assets Noncurrent Assets Current Liabilities Noncurrent Liabilities Ordered By Liquidity
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Examples Private Company pg. 8 Public Company pg. 9 Canadian tire pg. 10 FINANCIAL
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This note was uploaded on 10/16/2010 for the course BCOM 1402 taught by Professor Smith during the Spring '10 term at Agnes Scott College.

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Chapter 1 Slides - BUSI 1004 Chapter 1 Click to edit Master subtitle style On Deck Financial Purpose of Accounting Financial Statements Statement

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