WSP Accounting Crash Course – Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete Study Guide (Wall Street Prep).pdf
WSP Accounting
Crash Course –
Complete Study
Guide (Wall Street
Prep)
WSP Accounting Crash Course – Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete Study Guide (Wall Street Prep).pdf
, WSP accounting crash course.pdf WSP accounting crash course.pdf WSP accounting crash course.pdf
Terms in this set (31)
GAAP generally accepted accounting principles. accounting rules that govern
companies
FASB Financial Accounting Standards Board. in the U.S., the SEC authorizes
FASB to set U.S. accounting rules. FASB communicates these rules through
issuance of Statements of Financial Accounting Standards (SFAS); these
statements make up GAAP
IFRS International Financial Reporting Standards. over 100 non-U.S. countries
have adopted a unified set of international accounting standards
Basic Accounting Principles Assumption 1: a company is considered a separate 'living' enterprise, apart
from its owners. Assumption 2: a company is considered a 'going concern'
for foreseeable future (assumed to remain in existence indefinitely).
Assumption 3: financial statements must be reported in the national
monetary unit (e.g. can't report employee/customer satisfaction, etc.).
Assumption 4: companies are required to file annual and interim reports
WSP accounting crash course.pdf WSP accounting crash course.pdf WSP accounting crash course.pdf
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete Study Guide (Wall Street Prep).pdf
WSP Accounting
Crash Course –
Complete Study
Guide (Wall Street
Prep)
WSP Accounting Crash Course – Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete
WSP Accounting
Study Guide
Crash(Wall
Course
Street
–Prep).pdf
Complete Study Guide (Wall Street Prep).pdf
, WSP accounting crash course.pdf WSP accounting crash course.pdf WSP accounting crash course.pdf
Terms in this set (31)
GAAP generally accepted accounting principles. accounting rules that govern
companies
FASB Financial Accounting Standards Board. in the U.S., the SEC authorizes
FASB to set U.S. accounting rules. FASB communicates these rules through
issuance of Statements of Financial Accounting Standards (SFAS); these
statements make up GAAP
IFRS International Financial Reporting Standards. over 100 non-U.S. countries
have adopted a unified set of international accounting standards
Basic Accounting Principles Assumption 1: a company is considered a separate 'living' enterprise, apart
from its owners. Assumption 2: a company is considered a 'going concern'
for foreseeable future (assumed to remain in existence indefinitely).
Assumption 3: financial statements must be reported in the national
monetary unit (e.g. can't report employee/customer satisfaction, etc.).
Assumption 4: companies are required to file annual and interim reports
WSP accounting crash course.pdf WSP accounting crash course.pdf WSP accounting crash course.pdf
