Solution Manual for Accounting What The Numbers Mean, 13th Edition By David Marshall 2024 | All Chapter's 1 - 16 | A+

SOLUTION MANUAL v7ii




v7 v7 v7 v7




ALL CHAPTERS 1 - 16
v7ii v7ii v7ii v7ii v7ii

,CHAPTER

1
ACCOUNTING—
PRESENT AND PAST v7 v7




CHAPTERv 7 OUTLINE:

I. WHATv 7 ISv7 ACCOUNTING?
A. DEFINITION
B. USESv 7 OFv7ACCOUNTINGv 7 INFORMATION
C. CLASSIFICATIONS
1. FINANCIALv7 ACCOUNTING
2. MANAGERIALv7ACCOUNTINGv 7 /v 7 COSTv 7 ACCOUNTING
3. AUDITINGv 7 —v 7 PUBLICv 7 ACCOUNTING
4. INTERNALv7AUDITING
5. GOVERNMENTALv7ANDv 7 NOT-FOR-PROFITv 7 ACCOUNTING
6. INCOMEv 7 TAXv 7 ACCOUNTING

II. HOWv 7 HASv 7 ACCOUNTINGv 7 DEVELOPED?
A. EARLYv 7 HISTORY
B. THEv 7 ACCOUNTINGv 7 PROFESSIONv 7 INv7 THEv 7 UNITEDv 7 STATES
C. FINANCIALv 7 ACCOUNTINGv 7 STANDARDv 7 SETTINGv 7 ATv 7 THEv 7 PRESENTv 7 TIME
1. FINANCIALv 7 ACCOUNTINGv 7 STANDARDSv 7 BOARD
2. STANDARDSv 7 AREv7 EVOLVING
D. STANDARDSv 7 FORv 7 OTHERv 7 TYPESv 7 OFv 7 ACCOUNTING
1. MANAGERIALv7ACCOUNTINGv 7 /v 7 COSTv 7 ACCOUNTING
2. AUDITING
3. GOVERNMENTALv7ANDv7 NOT-FOR-PROFITv 7 ACCOUNTING
4. INCOMEv 7 TAXv 7 ACCOUNTING
E. INTERNATIONALv7ACCOUNTINGv 7 STANDARDS
F. ETHICSv 7 ANDv 7 THEv 7 ACCOUNTINGv 7 PROFESSION

III. THEv 7 CONCEPTUALv7FRAMEWORK
A. CONTEXT
B. SUMMARYv7OFv7CONCEPTSv 7 STATEMENTv 7 NO.v 7 8,v 7 CHAPTERv 7 1v 7 —
v7THEv 7 OBJECTIVEv7OFv7GENERALv7PURPOSEiiFINANCIALv7REPORTING
C. OBJECTIVESv7 OFv7 FINANCIALv7REPORTINGv 7 FORv 7 NONBUSINESSv 7 ORGANIZATIONS

IV. PLANv 7 OFv 7 THEv 7 BOOK

,TEACHING/LEARNINGv 7 OBJECTIVES:

PRINCIPAL:

1. TOv 7 PRESENTv 7 Av 7 DEFINITIONv 7 OFv7ACCOUNTING.

2. TOv 7 IDENTIFYv7ANDv 7 DESCRIBEv 7 DIFFERENTv 7 CLASSIFICATIONSv 7 OFv 7 ACCOUNTING.

3. TOv 7 EMPHASIZEv 7 THATv 7 FINANCIALv 7 ACCOUNTINGv 7 STANDARDSv 7 AREv 7 NOTv 7 A
―FIXEDv 7 CODEv 7 OFv 7 RULES,‖v 7 BUTv 7 AREv 7 ESTABLISHEDv 7 INv7RESPONSEv 7 TOv 7
USERv7NEEDSv7ANDv 7 BUSINESSv 7 DEVELOPMENTS.v7ACCOUNTANTSv7NEEDv7TOv7A
PPLYv7PROFESSIONALv 7 JUDGMENTv 7 INv7THEv 7 APPLICATIONv 7 OFv7ACCOUNTINGv
7 PRINCIPLES.



4. TOv 7 EMPHASIZEv 7 THEv 7 ROLEv 7 ANDv 7 SOURCESv 7 OFv7ETHICSv 7 FORv 7 THEv 7 ACCOUNTINGv 7 PROFES
SION.

SUPPORTING:

5. TOv 7 SUMMARIZEv 7 HOWv 7 ACCOUNTINGv 7 HASv 7 EVOLVEDv 7 OVERv 7 TIME.

6. TOv 7 IDENTIFYv 7 SOURCESv 7 OFv7STANDARDSv 7 FORv 7 OTHERv7TYPESv 7 OFv7A
CCOUNTINGv 7 ANDv 7 TOv 7 CONTRASTv 7 THESEv7WITHFINANCIALv7ACCOUNTI
NGv7STANDARDS.

7. TOv7INTRODUCEv7THEv 7 ISSUESv7ASSOCIATEDv 7 WITHv7THEv7DEVELOPMEN
Tv7OFv7INTERNATIONALv7ACCOUNTINGSTANDARDS.

8. TOv 7 DESCRIBEv 7 THEv 7 CONTEXTv 7 OFv7THEv 7 FASBv 7 CONCEPTUALv 7 FRAMEWORKv 7 PROJECT.

9. TOv 7 SUMMARIZEv 7 CONCEPTSv 7 STATEMENTv 7 NO.v 7 8,v 7 CHAPTERv 7 1v
7—

v7THEv7OBJECTIVEv 7 OFv 7 GENERALv 7 PURPOSEiiFINANCIALv7REPORTIN

G.

10. TOv 7 RELATEv7THEv7OBJECTIVESv7OFv7FINANCIALv7REPORTINGv 7 FORv7NONBUSI
NESSv7ORGANIZATIONSv7TOv7THOSEv7OFBUSINESSv 7 ENTERPRISES.

TEACHINGv 7 OBSERVATIONS/ASSIGNMENTv7 SUGGESTIONS:

1. STUDENTSv 7 SHOULDv 7 BEv 7 PUTv 7 ONv 7 NOTICEv 7 ABOUTv 7 THEv 7 JARGONv 7 OFv7A
CCOUNTING,v 7 THEv 7 USEv 7 OFv 7 SYNONYMOUSv 7 TERMS,v 7 THEv 7 IMPORTANCEv7

, OFv7THEv7CONTEXTv 7 WITHINv 7 WHICHv7Av 7 TERMv 7 ISv 7 USED,v 7 ANDv 7 THEv 7 NEEDv 7
FORv 7 PRECISIONIN