Created by Amber Harper-Slaboszewicz
almost 8 years ago
|
||
Accounting
Accounting System
Annual Report
Form 10K
Balance Sheet
Assets
Liabilities
Note Payable
Owner's Equity
Net Assets
Long-Lived Asset
Account
Inventory
Open Account
Account Payable
Compound Entry
Creditor
Sole Proprietership
Partnership
Corporation
LLC
Privately Owned
Stock Certificate
Stockholders' Equity
Paid-In Capital
Paid-In Capital in Excess of Par Value
Common Stockholders
Board of Directors
GAAP
US GAAP Oversight
FASB
IFRS
IASB
Auditor
Public Accountants
CPA
Who can issue official opinions on financial statements?
AICPA
IAASB
PCAOB
Sarbanes-Oxley Act
GAAS
GASB
Operating Cycle
Fiscal Year
Revenue
Expense
Income
Retained Income
Accounts Receivable
Cost of Goods Sold
Accrual Accounting
Cash Accounting
Matching
Product Costs
Period Costs
Depreciation
Income Statement
Net Income
Net loss
Cash Dividends
Statement of Stockholders' Equity
3 steps to a cash dividend
Accumulated Deficit
EPS
P-E Ratio
Dividend-Yield
Divident-Payout