Chapter 3 The Balance Sheet and Financial Disclosures AACSB assurance of learning standards in accounting and business education require documentation of outcomes assessment.…

Intermediate Accounting, 11th ed. Kieso, Weygandt, and Warfield Chapter 5: Balance Sheet and Statement of Cash Flows Systems Prepared by Jep Robertson New Mexico State University…

Slide 1The Balance Sheet Statement Learning Objectives 1. How balance sheet accounts are measured, classified and presented. 2. How balance sheet information is used. 3.…

1.The Balance Sheet2. Assets =Liabilities + Equity 3. Balance Sheet• Is Statement of FinancialPosition• Not necessarily the valueof a business• Only an estimate ofmarket…

FFiinnaanncciiaall AAccccoouunnttiinngg && RReeppoorrttiinngg 44 Fi n an ci al A cc o u n ti n g & R ep o rt in g 4 1. Working capital and its components .................................................................................…

Slide 1 Chapter 13: Current Liabilities and Contingencies Sid Glandon, DBA, CPA Assistant Professor of Accounting Slide 2 2 Liability FASB Concepts Statement #6 – Present…

Slide 1 Copyright © 2011 Pearson Prentice Hall. All rights reserved. Working Capital Management Chapter 18 Slide 2 Copyright © 2011 Pearson Prentice Hall. All rights reserved.…

Chapter 13: Current Liabilities and Contingencies Intermediate Accounting, 11th ed. Kieso, Weygandt, and Warfield Prepared by Jep Robertson and Renae Clark New Mexico State…

Accounting Boot Camp Modules 6 and 8 Time Value of Money, Liabilities and Equity * * Liabilities What is a liability? âProbable future sacrifice of economic benefits arising…

Analyzing Financing Activities A liability is a probable future payment of assets or services that a company is presently obligated to make as a result of past transactions…