'Irregular items' presentation slideshows

Chapter 4 Income Statement

Chapter 4 Income Statement. Income Statement. Usefulness of the Income Statement. Evaluate past performance. Predicting future performance. Help assess the risk or uncertainty of achieving future cash flows. LO 1 Understand the uses and limitations of an income statement. Income Statement.

1.35k views • 48 slides

Chapter 5

Chapter 5. Income Statement & Related Information. Income Statement. Revenues: inflows from major operations Expenses: outflows from major operations Gains & Losses: changes in equity from peripheral activities Non-recurring items

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CHAPTER 4

283 views • 14 slides

Statement of Retained Earnings And Prior Period Adjustments

Statement of Retained Earnings And Prior Period Adjustments. Prior Period Adjustments Adjustments to the Beginning Balance of Retained Earnings to correct accumulated earnings reported from prior years. Prior Period Adjustments may be reported to adjust for

378 views • 5 slides