Core Concepts of Accounting Information, 1999-2000: Theme 2

Core Concepts of Accounting Information, 1999-2000: Theme 2
ISBN-10
0072321946
ISBN-13
9780072321944
Category
Accounting
Pages
408
Language
English
Published
1999-08
Publisher
Richard d Irwin
Author
Karen Pincus

Description

Theme 2 covers Accounting Issues Involving Income and Cash Flows. It contains 4 Modules: 1. Introduction (economic definitions of income; accounting definitions of income; relationship between income and cash flows) 2. Owners' and Creditors' Uses of Income and Cash Flows Information (financial statement analysis, revenue recognition, earnings management and the quality of earnings, fraudulent financial reporting) 3. Management Uses of Income and Cash Flows Information (CVP analysis; reacting to profitability by cutting costs; reacting to deficits; budgets; information systems for budgeting and cost information, etc.)4. Government and Other Users of Income and Cash Flows Information (taxable income vs. financial accounting income; tax planning; tax evasion vs. tax avoidance; role of auditing in tax compliance; regularity accounting principles, etc.)

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