Lecture Financial accounting (8/e): Chapter 1 - Robert Libby, Patricia A. Libby, Daniel G. Short
Lecture Financial accounting (8/e): Chapter 1 - Robert Libby, Patricia A. Libby, Daniel G. Short
Chapter 1, financial statements and business decisions. After studying this chapter, you should be able to: Recognize the information conveyed in each of the four basic financial statements and the way that it is used by different decision makers, identify the role of generally accepted accounting principles (GAAP) in determining financial statement content and how companies ensure the accuracy of their financial statements.