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The Income Statement

The Income Statement. Learning Objectives. Define the concept of income. Explain why an income measure is important. Explain how income is measured, including the revenue recognition and expense-matching concepts. Understand the format of an income statement. Learning Objectives.

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Economics of the Accounting Environment

Economics of the Accounting Environment. Krishnamurthy Surysekar ACG 6935 Introduction to Financial Accounting International MBA Program FIU Fall 2004. Overview of the Presentation. The economic context of accounting Accounting Numbers Matter Accounting as an information system

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694 views • 43 slides

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Net income xx - PowerPoint PPT Presentation

The Income Statement

Economics of the Accounting Environment