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Solution manual for accounting what the numbers mean 13th edition david marshall.pdf

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Solution manual for accounting what the numbers mean 13th edition david Solution manual for accounting what the numbers mean 13th edition david Solution manual for accounting what the numbers mean 13th edition david

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  • September 27, 2024
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Solution Manual
6 6




Accounting What The Numbers Mean
6 6 6 6 6




13th Edition by David Marshall
6 6 6 6 6




All Chapters 1 - 16
6 6 6 6 6

,CHAPTER

1
Accounting—Present and Past 6 6




CHAPTER6OUTLINE:

I. What6Is6Accounting?
A. Definition
B. Uses6of6Accounting6Information
C. Classifications
1. Financial6Accounting
2. Managerial6Accounting6/6Cost6Accounting
3. Auditing6—6Public6Accounting
4. Internal6Auditing
5. Governmental6and6Not-for-Profit6Accounting
6. Income6Tax6Accounting

II. How6Has6Accounting6Developed?
A. Early6History
B. The6Accounting6Profession6in6the6United6States
C. Financial6Accounting6Standard6Setting6at6the6Present6Time
1. Financial6Accounting6Standards6Board
2. Standards6are6Evolving
D. Standards6for6Other6Types6of6Accounting
1. Managerial6Accounting6/6Cost6Accounting
2. Auditing
3. Governmental6and6Not-for-Profit6Accounting
4. Income6Tax6Accounting
E. International6Accounting6Standards
F. Ethics6and6the6Accounting6Profession

III. The6Conceptual6Framework
A. Context
B. Summary6of6Concepts6Statement6 No.68,6Chapter616 —
6The6Objective6of6General6Purpose6Financial6Reporting

C. Objectives6of6Financial6Reporting6for6Nonbusiness6Organizations

IV. Plan6of6the6Book

,TEACHING/LEARNING6OBJECTIVES:

Principal:

1. To6present6a6definition6of6accounting.

2. To6identify6and6describe6different6 classifications6of6accounting.

3. To6emphasize6that6 financial6accounting6standards6are6not6 a6―fixed6code6of6rules,‖6bu
t6 are6established6in6response6to6user6needs6and6business6developments.6Accountant
s6need6to6apply6professional6judgment6 in6the6application6of6accounting6principles.

4. To6emphasize6the6role6and6sources6of6ethics6for6the6accounting6profession.

Supporting:

5. To6summarize6how6accounting6has6evolved6over6time.

6. To6identify6sources6of6standards6for6other6types6of6accounting6and6to6contrast6t
hese6with6financial6accounting6standards.

7. To6introduce6the6issues6associated6with6the6development6of6international6ac
counting6standards.

8. To6describe6the6context6of6the6FASB6Conceptual6Framework6project.

9. To6summarize6Concepts6Statement6No.68,6Chapter616—
6The6Objective6of6General6Purpose6Financial6Reporting.




10. To6relate6the6objectives6of6financial6reporting6for6nonbusiness6organizations6to6
those6of6business6enterprises.

TEACHING6OBSERVATIONS/ASSIGNMENT6SUGGESTIONS:

1. Students6should6be6put6on6notice6about6the6jargon6of6accounting,6the6use6of6synon
ymous6terms,6the6importance6of6the6context6within6which6a6term6is6used,6and6the6n
eed6for6precision6in6the6use6of6terminology.6The6 first6 example6of6jargon6is6the6term6
entity.

, 2. When6discussing6"Auditing6—
6Public6Accounting,"6have6students6find6the6auditors'6opinion6in6the6Campbell6Soup6

Company620206Annual6Report6(see6pages687-
886of6the6Appendix).6Emphasize6that6 a6"clean6opinion"6is6not6a6"clean6bill6of6health."

3. Discuss6the6Summary6of6Concepts6Statement6No.68,6Chapter616—
6The6Objective6of6Financial6Reporting,6 in6detail.

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