Solution Manual For Accounting: What The Numbers Mean 13th Edition By David Marshall, Wayne McManus & Daniel Viele | Chapters 1-16 | ISBN 9781264126743

Solution Manual
Accounting What The Numbers Mean
13th Edition by David Marshall
All Chapters 1 - 16

,CHAPTER Accounting—Present and Past bs bs




1

CHAPTER OUTLINE: bs




I. What Is Accounting?
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A. Definition

B. Uses of Accounting Information
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C. Classifications

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2. Managerial Accounting / Cost Accounting bs bs bs bs




3. Auditing — Public Accounting bs bs bs




4. Internal Auditing bs




5. Governmental and Not-for-Profit Accounting bs bs bs




6. Income Tax Accounting bs bs




II. How Has Accounting Developed?
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A. Early History
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B. The Accounting Profession in the United States
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C. Financial Accounting Standard Setting at the Present Time
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1. Financial Accounting Standards Board
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2. Standards are Evolving bs bs

, D. Standards for Other Types of Accounting
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1. Managerial Accounting / Cost Accounting bs bs bs bs




2. Auditing

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4. Income Tax Accounting bs bs




E. International Accounting Standards bs bs




F. Ethics and the Accounting Profession
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III. The Conceptual Framework
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A. Context
B. Summary of Concepts Statement No. 8, Chapter 1 —
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The Objective of General PurposeFinancial Reporting
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C. Objectives of Financial Reporting for Nonbusiness Organizations
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IV. Plan of the Book
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, TEACHING/LEARNING OBJECTIVES: bs




Principal:


1. To present a definition of accounting.
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2. To identify and describe different classifications of accounting.
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3. To emphasize that financial accounting standards are not a ―fixed code of rules,‖ bu
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t are established in response to user needs and business developments. Accountants
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need to applyprofessional judgment in the application of accounting principles.
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4. To emphasize the role and sources of ethics for the accounting profession.
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Supporting:


5. To summarize how accounting has evolved over time.
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6. To identify sources of standards for other types of accounting and to contrast th
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ese withfinancial accounting standards.
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7. To introduce the issues associated with the development of international acc
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ountingstandards. b
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8. To describe the context of the FASB Conceptual Framework project.
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