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Unformatted text preview: statement, and statement of cash flows Identify operating, investing, and financing activities Recording revenues and expenses: cash-basis vs. accrual basis Identify balance sheet accounts Financial statement audits: types of opinions and role of auditor Definitions: balance sheet accounts Accounting cycle: definition and steps Calculate balance sheet amounts Financial statement impact of failing to record adjusting entries Identify income statement accounts Effect of accruals and deferrals on the financial statements Definitions: income statement accounts Temporary accounts: define, identify Identify and record four types of transactions Permanent accounts: define, identify Relationships between the financial statements Effect of the closing process Conceptual framework identify and define: objectives of financial reporting, qualitative and secondary characteristics, financial statement elements, assumptions, broad principles, constraints Interpretation of ratios...
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This note was uploaded on 02/16/2011 for the course BUAD 2040 taught by Professor Amyfrench during the Spring '08 term at Toledo.
- Spring '08
- Financial Accounting