tailieunhanh - Lecture Intermediate accounting (IFRS 2nd edition): Chapter 1 - Kieso, Weygandt, Warfield

Chapter 1 - Financial reporting and accounting standards. After studying this chapter, you should be able to: Identify the major financial statements and other means of financial reporting; explain how accounting assists in the efficient use of scarce resources, describe some of the challenges facing accounting;. | PREVIEW OF CHAPTER Intermediate Accounting IFRS 2nd Edition Kieso, Weygandt, and Warfield 1 Describe the growing importance of global financial markets and its relation to financial reporting. Identify the major financial statements and other means of financial reporting. Explain how accounting assists in the efficient use of scarce resources. Explain the need for high-quality standards. LEARNING OBJECTIVES Identify the objective of financial reporting. Identify the major policy-setting bodies and their role in the standard-setting process. Explain the meaning of IFRS. Describe the challenges facing financial reporting. After studying this chapter, you should be able to: Financial Reporting and Accounting Standards 1 GLOBAL MARKETS World markets are becoming increasingly intertwined. Top 20 Global Companies In Terms of Sales LO 1 ILLUSTRATION 1-1 Significant number of foreign companies are found on national exchanges. ILLUSTRATION 1-2 International Exchange Statistics GLOBAL MARKETS LO 1 Describe the growing importance of global financial markets and its relation to financial reporting. Identify the major financial statements and other means of financial reporting. Explain how accounting assists in the efficient use of scarce resources. Explain the need for high-quality standards. LEARNING OBJECTIVES Identify the objective of financial reporting. Identify the major policy-setting bodies and their role in the standard-setting process. Explain the meaning of IFRS. Describe the challenges facing financial reporting. After studying this chapter, you should be able to: Financial Reporting and Accounting Standards 1 Financial Statements and Financial Reporting Essential characteristics of accounting are: the identification, measurement, and communication of financial information about economic entities to interested parties. GLOBAL MARKETS LO 2 Financial Information Accounting? Identify and Measure and Communicate Statement of Financial Position Income Statement or . | PREVIEW OF CHAPTER Intermediate Accounting IFRS 2nd Edition Kieso, Weygandt, and Warfield 1 Describe the growing importance of global financial markets and its relation to financial reporting. Identify the major financial statements and other means of financial reporting. Explain how accounting assists in the efficient use of scarce resources. Explain the need for high-quality standards. LEARNING OBJECTIVES Identify the objective of financial reporting. Identify the major policy-setting bodies and their role in the standard-setting process. Explain the meaning of IFRS. Describe the challenges facing financial reporting. After studying this chapter, you should be able to: Financial Reporting and Accounting Standards 1 GLOBAL MARKETS World markets are becoming increasingly intertwined. Top 20 Global Companies In Terms of Sales LO 1 ILLUSTRATION 1-1 Significant number of foreign companies are found on national exchanges. ILLUSTRATION 1-2 International Exchange Statistics GLOBAL MARKETS .

• Kế toán - Kiểm toán
• Intermediate accounting
• Lecture Intermediate accounting
• Financial reporting
• Accounting standards
• Global markets
• Capital allocation
• Financial Accounting
• Accounting process
• Accounting equation
• Accounting processing cycle
• Stock issuance
• Estimating reserves
• Liquidating dividends
• Accounting changes
• Error corrections
• Accounting choices
• Theoretical structure
• Accrual accounting
• Financial accounting environment
• Accounting for leases
• Leasing environment
• Accounting by lessee
• Special accounting problems
• Cash versus accrual accounting
• International standard setting
• Accounting assists
• The challenges facing accounting
• Income taxes
• Accounting for income taxes
• Deferred tax liabilities
• Error analysis
• Accounting policy
• Accounting estimate
• Accounting policies
• Accounting information system
• Measurement issues
• Characteristics of accounting
• Capital allocation process