Unformatted text preview: Chapter 10: 1. Account for available-for-sale long-term investments 2. Account for long-term investments under the equity method 3. Understand the process of financial statement consolidation 4. Account for investments in bonds Chapter 11: 1. Know the format of an income statement given various nonrecurring items 2. Account for income taxes 3. Calculate earnings per share 4. Understand prior period adjustments Chapter 12: 1. Understand the purposes of the statement of cash flows 2. Understand the purpose of using the indirect method 3. Be able to distinguish between operating, investing, and financing activities Chapter 13: 1. Understand the purpose of a horizontal, vertical, and trend analysis 2. Understand the purpose of common-size financial statements 3. Use accounting ratios to analyze a company’s operations...
View Full Document
- Spring '08
- Balance Sheet, Generally Accepted Accounting Principles, Understand prior period