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