章基础会计概念技术惯例学习目标horngren imaim.pdfVIP

Chapter15

BasicAccounting:

Concepts,Techniques,andConventions

LEARNINGOBJECTIVES:

Whenyourstudentshavefinishedstudyingthischapter,theyshouldbeableto:

1.Readandinterpretbasicfinancialstatements.

2.Analyzetypicalbusinesstransactionsusingthebalancesheetequation.

3.Distinguishbetweentheaccrualbasisofaccountingandthecashbasisof

accounting.

4.Relatethemeasurementofexpensestotheexpirationofassets.

5.Explainthenatureofdividendsandretainedearnings.

6.Selectrelevantitemsfromasetofdataandassemblethemintoabalancesheet,

andanincomestatement.

7.Distinguishbetweenthereportingofcorporateowners’equityandthereporting

ofowners’equityforpartnershipsandsoleproprietorships.

8.Identifyhowthemeasurementprinciplesofrecognition,matchingandcost

recovery,andstablemonetaryunitaffectfinancialreporting.

9.Definecontinuity,relevance,faithfulrepresentation,materiality,conservatism,

andcost-benefit(Appendix15A).

10.UseT-accounts,debits,andcreditstorecordtransactions(Appendix15B).

CHAPTER15:ASSIGNMENTS

CRITICALTHINKINGEXERCISES

24.AccountingValuationofFixedAssets

25.Marketing,theIncomeStatement,andtheBalanceSheet

26.RevenueRecognitionandEvaluationofSalesStaff

27.RelationshipbetweentheBalanceSheetandtheIncome

Statement

28.ConceptsofRelevanceandFaithfulRepresentation

GENERALEXERCISESandPROBLEMS

29.TrueorFalse

30.SimpleBalanceSheet

31.NatureofRetainedEarnings

32.IncomeStatement

33.Income