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