Financial Reporting and Management Decisions

Explores the fundamental accounting principles as applied to financial statement preparation and the accounting concepts and techniques as applied to managerial planning and control of assets. The iBook serves as a study guide/workbook document that accounting students can use as a primary and secondary resource for concepts taught in the class. Topics covered: The Accounting Process, Understanding Double Entry Accounting and the T Account, The Trial Balance, Liquidity and Profitability Ratios, Inventory, Stockholders, Equity, Long Term Assets and Depreciation, Types of Cost, Cost-Volume-Profit-Analysis (Break-Even Analysis), The Budget Process, Costing and Variance Analysis. Course: ACC 205https://spiral.lynn.edu/ludp/1018/thumbnail.jp