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