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