Lecture Accounting: What the numbers mean (10/e): Chapter 1 – Marshall, McManus, Viele
Chapter 1: Accounting – Present and past. After reading this chapter, you should be able to answer the following questions: What is the FASB? Who uses accounting information and why? What is accounting? What do accountants do? Where did accounting come from? Where did accounting standards come from? What are the accounting ethical standards? What is the Conceptual Framework? Why do businesses report financial information?
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