Finance Function Revenue Recognition Concept Capital Cash Basis Telephone Gross Profit B- Corporation Financial Accounting Rent Conservatism Principle Depreciation Partnership Manufacturing Accrual Basis Company Name Public Accounting Marketing Function Production & Operation Function Stakeholders Gross Profit - Operating Expenses = _________ Merchandising Net Income Retained Earnings Interest Corporation Human Resources Function Income IFRS Service Managerial Accounting Matching Principle IASB Fiscal Year Loss 3m Returns COGS Internal Profit Expenses Net Sales - COGS = _________ Assets Taxes Owners Equity Business Entity Concept Monetary Unit Concept Shipping, Labor, Materials Materiality Principle Principle Tax Accounting Sales < Expenses GAAP Accounting Information System Function Going Concern Concept Operating Profit Balance Sheet Sole Proprietorship Calendar Year S- Corporation Operating Expenses FASB 4q External Assets = Liabilities + Owner's Equity Sales > Expenses Periodicity Concept Net Sales Liability Income Statement Limited Liability Company Gain Total Operating Expenses Forensic Accounting Revenue Sales Revenue Finance Function Revenue Recognition Concept Capital Cash Basis Telephone Gross Profit B- Corporation Financial Accounting Rent Conservatism Principle Depreciation Partnership Manufacturing Accrual Basis Company Name Public Accounting Marketing Function Production & Operation Function Stakeholders Gross Profit - Operating Expenses = _________ Merchandising Net Income Retained Earnings Interest Corporation Human Resources Function Income IFRS Service Managerial Accounting Matching Principle IASB Fiscal Year Loss 3m Returns COGS Internal Profit Expenses Net Sales - COGS = _________ Assets Taxes Owners Equity Business Entity Concept Monetary Unit Concept Shipping, Labor, Materials Materiality Principle Principle Tax Accounting Sales < Expenses GAAP Accounting Information System Function Going Concern Concept Operating Profit Balance Sheet Sole Proprietorship Calendar Year S- Corporation Operating Expenses FASB 4q External Assets = Liabilities + Owner's Equity Sales > Expenses Periodicity Concept Net Sales Liability Income Statement Limited Liability Company Gain Total Operating Expenses Forensic Accounting Revenue Sales Revenue
(Print)
Finance Function
Revenue Recognition Concept
Capital
Cash Basis
Telephone
Gross Profit
B-Corporation
Financial Accounting
Rent
Conservatism Principle
Depreciation
Partnership
Manufacturing
Accrual Basis
Company Name
Public Accounting
Marketing Function
Production & Operation Function
Stakeholders
Gross Profit - Operating Expenses = _________
Merchandising
Net Income
Retained Earnings
Interest
Corporation
Human Resources Function
Income
IFRS
Service
Managerial Accounting
Matching Principle
IASB
Fiscal Year
Loss
3m
Returns
COGS
Internal
Profit
Expenses
Net Sales - COGS = _________
Assets
Taxes
Owners Equity
Business Entity Concept
Monetary Unit Concept
Shipping, Labor, Materials
Materiality Principle Principle
Tax Accounting
Sales < Expenses
GAAP
Accounting Information System Function
Going Concern Concept
Operating Profit
Balance Sheet
Sole Proprietorship
Calendar Year
S-Corporation
Operating Expenses
FASB
4q
External
Assets = Liabilities + Owner's Equity
Sales > Expenses
Periodicity Concept
Net Sales
Liability
Income Statement
Limited Liability Company
Gain
Total Operating Expenses
Forensic Accounting
Revenue
Sales Revenue
