Exam (elaborations)

Solution Manual Accounting What The Numbers Mean 13th Edition by David Marshall All Chapters 1 - 16

0 purchase

Course
Accounting

Institution
Accounting

Solution Manual Accounting What The Numbers Mean 13th Edition by David Marshall All Chapters 1 - 16 Solution Manual Accounting What The Numbers Mean 13th Edition by David Marshall All Chapters 1 - 16 Solution Manual Accounting What The Numbers Mean 13th Edition by David Mars...

[Show more]

Preview 4 out of 824 pages

View example

Uploaded on November 6, 2024
Number of pages 824
Written in 2024/2025
Type Exam (elaborations)
Contains Questions & answers

accounting
what the numbers mean
solution manual accounting what the numbers mean
solution manual accounting

ScholarSuccess Member since 7 months 34 documents sold

$13.49

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Solution Manual
IIll IIll

Accounting What The Numbers Mean
IIll IIll IIll IIll IIll

13th Edition by David Marshall
IIll IIll IIll IIll IIll

All Chapters 1 - 16
IIll IIll IIll IIll IIll

,CHAPTER

1
Accounting—Present and Past IIll IIll

CHAPTER OUTLINE: IIll

I. What Is Accounting?
IIll IIll

A. Definition
B. Uses of Accounting Information IIll IIll IIll

C. Classifications
1. Financial Accounting IIll

2. Managerial Accounting / Cost Accounting IIll IIll IIll IIll

3. Auditing — Public Accounting IIll IIll IIll

4. Internal Auditing IIll

5. Governmental and Not-for-Profit Accounting Il IIll IIll

6. Income Tax Accounting IIll IIll

II. How Has Accounting Developed?
IIll IIll IIll

A. Early History IIll

B. The Accounting Profession in the United States
IIll IIll IIll IIll IIll IIll

C. Financial Accounting Standard Setting at the Present Time IIll IIll IIll IIll IIll IIll IIll

1. Financial Accounting Standards Board IIll IIll IIll

2. Standards are Evolving IIll IIll

D. Standards for Other Types of Accounting IIll IIll IIll IIll IIll

1. Managerial Accounting / Cost Accounting IIll IIll IIll IIll

2. Auditing
3. Governmentaland Not-for-Profit Accounting Il IIll IIll

4. Income Tax Accounting IIll IIll

E. International Accounting Standards IIll IIll

F. Ethics and the Accounting Profession IIll IIll IIll IIll

III. The Conceptual Framework
IIll IIll

A. Context
B. Summary of Concepts Statement No. 8, Chapter 1 — The Objective of General
IIll IIll IIll IIl l IIll IIll IIll II l l IIll IIll IIll IIll

PurposeFinancial Reporting
IIll Il IIll

C. Objectives of Financial Reporting for Nonbusiness Organizations IIll IIll IIll IIll IIll IIll

IV. Plan of the BookIIll IIll IIll

,TEACHING/LEARNING OBJECTIVES: IIll

Principal:

1. To present a definition of accounting.
IIll IIll IIll IIll IIll

2. To identify and describe different classifications of accounting.
IIll Il IIll IIll IIll IIll IIll

3. To emphasize that financial accounting standards are not a ―fixed code of rules,‖
IIll IIll II l l IIll IIll IIll IIll IIll IIll IIll IIll IIll

but are established in response to user needs and business developments.
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

Accountants need to applyprofessional judgment in the application of accounting
IIll IIll IIll IIll Il IIll I Il l IIll IIll IIll IIll

principles.
IIll

4. To emphasize the role and sources of ethics for the accounting profession.
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

Supporting:

5. To summarize how accounting has evolved over time.
IIll IIll IIll IIll IIll IIll IIll

6. To identify sources of standards for other types of accounting and to contrast
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

these withfinancial accounting standards.
IIll IIll Il IIll IIll

7. To introduce the issues associated with the development of international
IIll IIll IIll IIll IIll IIll IIll IIll IIll

accountingstandards.
IIll Il

8. To describe the context of the FASB Conceptual Framework project.
IIll IIll IIll IIll IIll IIll IIll IIll IIll

9. To summarize Concepts Statement No. 8, Chapter 1 — The Objective of General
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

PurposeFinancial Reporting.
IIll Il IIll

10. To relate the objectives of financial reporting for nonbusiness organizations to
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

those ofbusiness enterprises.
IIll IIll Il IIll

TEACHING OBSERVATIONS/ASSIGNMENT SUGGESTIONS:
IIll IIll

1. Students should be put on notice about the jargon of accounting, the use of
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

synonymous terms, the importance of the context within which a term is used, and
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

the need for precisionin the use of terminology. The first example of jargon is
IIll IIll IIll IIll Il IIll IIll IIll IIll IIll II l l IIl l IIll IIll IIll

the term entity.
IIll IIll IIll

, 2. When discussing "Auditing — Public Accounting," have students find the auditors'
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

opinionin the Campbell Soup Company 2020 Annual Report (see pages 87-88 of
IIll Il IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

the Appendix). Emphasize that a "clean opinion" is not a "clean bill of health."
IIll IIll IIll IIll II ll IIll IIll IIll IIll IIll IIll IIll IIll IIll

3. Discuss the Summary of Concepts Statement No. 8, Chapter 1 — The Objective of
IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll IIll

FinancialReporting, in detail.
IIll Il II ll IIll

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ScholarSuccess. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68175 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Exam (elaborations)

Solution Manual Accounting What The Numbers Mean 13th Edition by David Marshall All Chapters 1 - 16

Document information

Subjects

Connected book

More summaries for

Written for

Seller

Reviews received

Content preview