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Financial Accounting and Accounting Standards

Financial Accounting and Accounting Standards. Objectives of the Chapters. 1. Understand the need to develop accounting standards. 2. Study the development of accounting standards from a historical perspective. 3. The GAAP and the FASB Accounting Standards Codification.

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Chapter 15

Chapter 15. Accounting Principles ACCT 100. Objectives of the Chapter. 1. Define the generally accepted accounting principles (GAAP). 2. Study the conceptual framework underlying financial reports. 3. Study the accounting standard compliance system in the United States.

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564 views • 28 slides

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Financial Accounting and Accounting Standards

Chapter 15