Introductory Accounting and Finance for Lawyers |
Contents
A Introduction to GAAP | 4 |
Chapter Two The Fundamental Equation | 19 |
F Alternative Graphic | 36 |
Copyright | |
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Common terms and phrases
accounting principles Accounts Receivable accrual accumulated depreciation adjusting entry allocated amount annual asset account audit clients audit committee auditor balance sheet BIC Corporation BIC's book value bookkeeping calculation called capital cash flows Chapter closing entries COGS common stock company's compounding comprehensive income control premium Corporation's Court debt decrease determine disclosure discount rate earnings entity entity's Ernst & Young example expense account fair value FASB FIFO financial statements fixed asset future value GAAP income statement increase independence interest rate inventory system investment investors issued judgment Larry's Firm lawyers lease left-side entry liability LIFO loss matching principle method MGB's million non-audit services owner's equity P/E Ratios P&L Account paid Payable payment period present value profit purchase ratio recorded reflect respect result revenue right-side entry risk rules securities Sensormatic shareholders sold statement of cash stock dividend subsidiaries T-Account tion transactions valuation