In the united states a public companys financial statements

Reference no: EM13393633

In the United States, a public company's financial statements must be according to General Accepted Accounting Principles (GAAP). These principles are cost, revenue recognition, and matching principles. Examine the financial statement and notes of a public company. Write a paper between 5 and 7 pages (double spaced) discussing the following.

1.Introduction/Background information.
2. GAAP and description of the accounting principles: Cost, revenue recognition, and matching.
3. Selected company's application of GAAP in cost recording, revenue recognition, and matching of expenses and revenues.
4. Description of recent accounting standards and pronouncements that effect the selected company's financial statements.
5. Description of assertions of internal controls in the notes to the financial statements.
6. Conclusion

You must use the FASB codification in your essay about the principles because it is the authoritative guidance for GAAP. Login information is under "Suggested Resources & Supplies". You will find it useful to consult other credible sources through the library to learn more about your selected company and other information you may need. The project must be APA-formatted and include a title page and a reference page.

Reference no: EM13393633

Questions Cloud

Make at least one 1 recommendation for each change story : write a four to six 4-6 page paper in which you1.using kotterrsquos model identify the three 3 most significant errors

Recognize and describe the governments rational for : identify and discuss the governments rational for regulating businesses. do you agree or disagree with it? why or why

Both the genesis and sensible essentials teams believe that : both the genesis and sensible essentials teams believe that the client engagement was very successful. all the critical

A clear thesis statement is located at the end of the first : a clear thesis statement is located at the end of the first paragraph. essay provides substantive evaluation of the

In the united states a public companys financial statements : in the united states a public companys financial statements must be according to general accepted accounting principles

Deer valley lodge a ski resort in the wasatch mountains of : deer valley lodge a ski resort in the wasatch mountains of utah has plans to eventually add five new chairlifts.

How do concepts of microeconomics help you understand : complete the supply and demand simulation located on the student website.write 1050-word paper of no more than

According to the theory of constraints which of the given : i according to the theory of constraints which of the following financial measurements can be used to measure the firms

Assume your group is a consulting team asked by the bank of : assume your group is a consulting team asked by the bank of america to analyze its externalinternal environment and

User Account

All Pages