176 In-Depth Financial Accounting Questions for Professionals

What is involved in Financial Accounting

Find out what the related areas are that Financial Accounting connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a Financial Accounting thinking-frame.

How far is your company on its Financial Accounting journey?

Take this short survey to gauge your organization’s progress toward Financial Accounting leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.

To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.

Start the Checklist

Below you will find a quick checklist designed to help you think about which Financial Accounting related domains to cover and 176 essential critical questions to check off in that domain.

The following domains are covered:

Financial Accounting, T accounts, Statement of changes in equity, Common stock, Matching principle, General ledger, Financial Accounting, Fiscal year, Sole proprietorship, Association of Chartered Certified Accountants, Generally accepted auditing standards, Economic entity, Management accounting, General journal, Notes to the financial statements, Current asset, Accounting analyst, International Financial Reporting Standards, Financial statements, Capital expenditure, Annual report, International Accounting Standards Board, Accounting standards, Tax accounting in the United States, Accounting equation, Government agencies, Generally Accepted Accounting Practice, Historical cost, Marketable securities, Governmental accounting, Internal audit, Financial audit, Double-entry bookkeeping system, Constant purchasing power accounting, Accounting research, Trial balance, Retained earnings, Management discussion and analysis, Net income, Accounting period, Fair value, Integrated Authority File, FIFO and LIFO accounting, Accounts receivable, Positive accounting, Sarbanes–Oxley Act, Gross profit, Unit of account, Philosophy of accounting, Tax accounting, Debits and credits, Historical cost accounting, Social accounting, Cost accounting, Forensic accounting, Income statement, Net profit, Luca Pacioli, Business owner, Operating expenses, Prepaid expense:

Financial Accounting Critical Criteria:

Dissect Financial Accounting visions and drive action.

– A compounding model resolution with available relevant data can often provide insight towards a solution methodology; which Financial Accounting models, tools and techniques are necessary?

– What is the purpose of Financial Accounting in relation to the mission?

– How do we go about Comparing Financial Accounting approaches/solutions?

T accounts Critical Criteria:

Consult on T accounts strategies and create a map for yourself.

– Are vendor default accounts and passwords disabled or changed on production systems before putting a system into production?

– What are the barriers to increased Financial Accounting production?

– What threat is Financial Accounting addressing?

– Who has what accounts?

Statement of changes in equity Critical Criteria:

Deduce Statement of changes in equity visions and don’t overlook the obvious.

– Among the Financial Accounting product and service cost to be estimated, which is considered hardest to estimate?

– How to deal with Financial Accounting Changes?

Common stock Critical Criteria:

Conceptualize Common stock issues and explore and align the progress in Common stock.

– What are your current levels and trends in key measures or indicators of Financial Accounting product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?

– What are the top 3 things at the forefront of our Financial Accounting agendas for the next 3 years?

– Does Financial Accounting appropriately measure and monitor risk?

Matching principle Critical Criteria:

Be responsible for Matching principle issues and clarify ways to gain access to competitive Matching principle services.

– What are your results for key measures or indicators of the accomplishment of your Financial Accounting strategy and action plans, including building and strengthening core competencies?

– Who is the main stakeholder, with ultimate responsibility for driving Financial Accounting forward?

General ledger Critical Criteria:

Accommodate General ledger risks and slay a dragon.

– What is the total cost related to deploying Financial Accounting, including any consulting or professional services?

– How do we make it meaningful in connecting Financial Accounting with what users do day-to-day?

– Risk factors: what are the characteristics of Financial Accounting that make it risky?

Financial Accounting Critical Criteria:

Investigate Financial Accounting strategies and define Financial Accounting competency-based leadership.

– Does Financial Accounting systematically track and analyze outcomes for accountability and quality improvement?

– What potential environmental factors impact the Financial Accounting effort?

Fiscal year Critical Criteria:

Guide Fiscal year goals and create Fiscal year explanations for all managers.

– Is there a Financial Accounting Communication plan covering who needs to get what information when?

– How will you know that the Financial Accounting project has been successful?

– Has the investment re-baselined during the past fiscal year?

– What are current Financial Accounting Paradigms?

Sole proprietorship Critical Criteria:

Canvass Sole proprietorship planning and correct Sole proprietorship management by competencies.

– Who will be responsible for documenting the Financial Accounting requirements in detail?

– What are the short and long-term Financial Accounting goals?

Association of Chartered Certified Accountants Critical Criteria:

Examine Association of Chartered Certified Accountants leadership and remodel and develop an effective Association of Chartered Certified Accountants strategy.

– What are specific Financial Accounting Rules to follow?

Generally accepted auditing standards Critical Criteria:

Audit Generally accepted auditing standards strategies and probe using an integrated framework to make sure Generally accepted auditing standards is getting what it needs.

– In the case of a Financial Accounting project, the criteria for the audit derive from implementation objectives. an audit of a Financial Accounting project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Financial Accounting project is implemented as planned, and is it working?

– What management system can we use to leverage the Financial Accounting experience, ideas, and concerns of the people closest to the work to be done?

– Can Management personnel recognize the monetary benefit of Financial Accounting?

Economic entity Critical Criteria:

Define Economic entity planning and point out improvements in Economic entity.

– What will be the consequences to the business (financial, reputation etc) if Financial Accounting does not go ahead or fails to deliver the objectives?

– How do senior leaders actions reflect a commitment to the organizations Financial Accounting values?

– What are the usability implications of Financial Accounting actions?

Management accounting Critical Criteria:

Gauge Management accounting adoptions and point out Management accounting tensions in leadership.

– Is maximizing Financial Accounting protection the same as minimizing Financial Accounting loss?

– How do we measure improved Financial Accounting service perception, and satisfaction?

– Have you identified your Financial Accounting key performance indicators?

General journal Critical Criteria:

Administer General journal leadership and summarize a clear General journal focus.

– Is Financial Accounting Realistic, or are you setting yourself up for failure?

– Think of your Financial Accounting project. what are the main functions?

Notes to the financial statements Critical Criteria:

Have a session on Notes to the financial statements projects and explain and analyze the challenges of Notes to the financial statements.

– Think about the kind of project structure that would be appropriate for your Financial Accounting project. should it be formal and complex, or can it be less formal and relatively simple?

Current asset Critical Criteria:

Accommodate Current asset adoptions and reduce Current asset costs.

– Who will be responsible for making the decisions to include or exclude requested changes once Financial Accounting is underway?

Accounting analyst Critical Criteria:

Differentiate Accounting analyst tasks and transcribe Accounting analyst as tomorrows backbone for success.

– What knowledge, skills and characteristics mark a good Financial Accounting project manager?

– Which individuals, teams or departments will be involved in Financial Accounting?

– Are accountability and ownership for Financial Accounting clearly defined?

International Financial Reporting Standards Critical Criteria:

Collaborate on International Financial Reporting Standards quality and point out International Financial Reporting Standards tensions in leadership.

– For your Financial Accounting project, identify and describe the business environment. is there more than one layer to the business environment?

– Are assumptions made in Financial Accounting stated explicitly?

Financial statements Critical Criteria:

Deliberate Financial statements engagements and find answers.

– Who are the people involved in developing and implementing Financial Accounting?

– How Are Financial Statements Used?

Capital expenditure Critical Criteria:

Paraphrase Capital expenditure leadership and secure Capital expenditure creativity.

– Which customers cant participate in our Financial Accounting domain because they lack skills, wealth, or convenient access to existing solutions?

– What tools do you use once you have decided on a Financial Accounting strategy and more importantly how do you choose?

Annual report Critical Criteria:

Drive Annual report management and look at it backwards.

– At what point will vulnerability assessments be performed once Financial Accounting is put into production (e.g., ongoing Risk Management after implementation)?

– What key measures should we include in our annual report to our Board of Directors?

– Does Financial Accounting analysis isolate the fundamental causes of problems?

– What key measures should we include in our annual report to stockholders?

International Accounting Standards Board Critical Criteria:

Grasp International Accounting Standards Board projects and get out your magnifying glass.

– What is our formula for success in Financial Accounting ?

Accounting standards Critical Criteria:

Scrutinze Accounting standards visions and look for lots of ideas.

– Who will be responsible for deciding whether Financial Accounting goes ahead or not after the initial investigations?

Tax accounting in the United States Critical Criteria:

Brainstorm over Tax accounting in the United States governance and point out Tax accounting in the United States tensions in leadership.

– Think about the people you identified for your Financial Accounting project and the project responsibilities you would assign to them. what kind of training do you think they would need to perform these responsibilities effectively?

– How do we know that any Financial Accounting analysis is complete and comprehensive?

– How can you measure Financial Accounting in a systematic way?

Accounting equation Critical Criteria:

Paraphrase Accounting equation goals and remodel and develop an effective Accounting equation strategy.

– Are there any easy-to-implement alternatives to Financial Accounting? Sometimes other solutions are available that do not require the cost implications of a full-blown project?

Government agencies Critical Criteria:

Systematize Government agencies management and slay a dragon.

– What are your key performance measures or indicators and in-process measures for the control and improvement of your Financial Accounting processes?

– Have current policies from relevant government and nongovernment agencies relating to the proposed program been examined?

– How can skill-level changes improve Financial Accounting?

Generally Accepted Accounting Practice Critical Criteria:

Give examples of Generally Accepted Accounting Practice outcomes and secure Generally Accepted Accounting Practice creativity.

– Why should we adopt a Financial Accounting framework?

– Is the scope of Financial Accounting defined?

Historical cost Critical Criteria:

Devise Historical cost tactics and diversify disclosure of information – dealing with confidential Historical cost information.

– What about Financial Accounting Analysis of results?

Marketable securities Critical Criteria:

Meet over Marketable securities results and revise understanding of Marketable securities architectures.

– What are our needs in relation to Financial Accounting skills, labor, equipment, and markets?

Governmental accounting Critical Criteria:

Detail Governmental accounting results and triple focus on important concepts of Governmental accounting relationship management.

Internal audit Critical Criteria:

Have a session on Internal audit governance and know what your objective is.

– How do we engage divisions, operating units, operations, internal audit, risk management, compliance, finance, technology, and human resources in adopting the updated framework?

– Have we established unit(s) whose primary responsibility is internal audit, Quality Assurance, internal control or quality control?

– What role does communication play in the success or failure of a Financial Accounting project?

– When was your last SWOT analysis for Internal Audit?

Financial audit Critical Criteria:

Accumulate Financial audit governance and acquire concise Financial audit education.

– What business benefits will Financial Accounting goals deliver if achieved?

Double-entry bookkeeping system Critical Criteria:

Group Double-entry bookkeeping system governance and be persistent.

– When a Financial Accounting manager recognizes a problem, what options are available?

– What tools and technologies are needed for a custom Financial Accounting project?

Constant purchasing power accounting Critical Criteria:

Categorize Constant purchasing power accounting outcomes and oversee Constant purchasing power accounting management by competencies.

– Is Financial Accounting dependent on the successful delivery of a current project?

– Have all basic functions of Financial Accounting been defined?

Accounting research Critical Criteria:

Guard Accounting research management and look at the big picture.

– What other jobs or tasks affect the performance of the steps in the Financial Accounting process?

Trial balance Critical Criteria:

Read up on Trial balance tactics and change contexts.

– What may be the consequences for the performance of an organization if all stakeholders are not consulted regarding Financial Accounting?

– Think about the functions involved in your Financial Accounting project. what processes flow from these functions?

Retained earnings Critical Criteria:

Revitalize Retained earnings management and acquire concise Retained earnings education.

– In a project to restructure Financial Accounting outcomes, which stakeholders would you involve?

– To what extent does management recognize Financial Accounting as a tool to increase the results?

– What is the definition of retained earnings?

Management discussion and analysis Critical Criteria:

Chat re Management discussion and analysis projects and change contexts.

– How do you determine the key elements that affect Financial Accounting workforce satisfaction? how are these elements determined for different workforce groups and segments?

– Where do ideas that reach policy makers and planners as proposals for Financial Accounting strengthening and reform actually originate?

– In what ways are Financial Accounting vendors and us interacting to ensure safe and effective use?

Net income Critical Criteria:

Face Net income visions and define what do we need to start doing with Net income.

– Marketing budgets are tighter, consumers are more skeptical, and social media has changed forever the way we talk about Financial Accounting. How do we gain traction?

– If depreciation is an expense, why is it added back to an investments net income to compute the net cash flow from that investment?

– Are we making progress? and are we making progress as Financial Accounting leaders?

Accounting period Critical Criteria:

Investigate Accounting period management and find out what it really means.

– How do your measurements capture actionable Financial Accounting information for use in exceeding your customers expectations and securing your customers engagement?

– What is going to be the accounting period?

Fair value Critical Criteria:

Be clear about Fair value issues and tour deciding if Fair value progress is made.

– what is the best design framework for Financial Accounting organization now that, in a post industrial-age if the top-down, command and control model is no longer relevant?

– How do we Identify specific Financial Accounting investment and emerging trends?

– Are estimated fair values unbiased?

Integrated Authority File Critical Criteria:

Dissect Integrated Authority File decisions and create a map for yourself.

FIFO and LIFO accounting Critical Criteria:

Exchange ideas about FIFO and LIFO accounting governance and find out what it really means.

– How do we go about Securing Financial Accounting?

Accounts receivable Critical Criteria:

Face Accounts receivable projects and forecast involvement of future Accounts receivable projects in development.

– What are the disruptive Financial Accounting technologies that enable our organization to radically change our business processes?

– What are the success criteria that will indicate that Financial Accounting objectives have been met and the benefits delivered?

Positive accounting Critical Criteria:

Brainstorm over Positive accounting failures and find the essential reading for Positive accounting researchers.

– How likely is the current Financial Accounting plan to come in on schedule or on budget?

– How will we insure seamless interoperability of Financial Accounting moving forward?

Sarbanes–Oxley Act Critical Criteria:

Distinguish Sarbanes–Oxley Act leadership and check on ways to get started with Sarbanes–Oxley Act.

– Is the Financial Accounting organization completing tasks effectively and efficiently?

Gross profit Critical Criteria:

Analyze Gross profit engagements and get going.

– What are the record-keeping requirements of Financial Accounting activities?

– Is gross profit holding?

Unit of account Critical Criteria:

Revitalize Unit of account outcomes and track iterative Unit of account results.

– What prevents me from making the changes I know will make me a more effective Financial Accounting leader?

– Who will provide the final approval of Financial Accounting deliverables?

Philosophy of accounting Critical Criteria:

Map Philosophy of accounting adoptions and assess and formulate effective operational and Philosophy of accounting strategies.

– What is our Financial Accounting Strategy?

Tax accounting Critical Criteria:

Look at Tax accounting results and don’t overlook the obvious.

– Do those selected for the Financial Accounting team have a good general understanding of what Financial Accounting is all about?

– Do you monitor the effectiveness of your Financial Accounting activities?

Debits and credits Critical Criteria:

Have a session on Debits and credits issues and give examples utilizing a core of simple Debits and credits skills.

– How important is Financial Accounting to the user organizations mission?

– Do all accounting systems require using debits and credits?

Historical cost accounting Critical Criteria:

Reconstruct Historical cost accounting issues and describe which business rules are needed as Historical cost accounting interface.

– Does Financial Accounting include applications and information with regulatory compliance significance (or other contractual conditions that must be formally complied with) in a new or unique manner for which no approved security requirements, templates or design models exist?

Social accounting Critical Criteria:

Administer Social accounting failures and suggest using storytelling to create more compelling Social accounting projects.

– Does Financial Accounting create potential expectations in other areas that need to be recognized and considered?

– Which Financial Accounting goals are the most important?

Cost accounting Critical Criteria:

Refer to Cost accounting governance and optimize Cost accounting leadership as a key to advancement.

– How does the organization define, manage, and improve its Financial Accounting processes?

– Is cost accounting the answer?

Forensic accounting Critical Criteria:

Give examples of Forensic accounting planning and slay a dragon.

– What are the long-term Financial Accounting goals?

– How can the value of Financial Accounting be defined?

– How can we improve Financial Accounting?

Income statement Critical Criteria:

Brainstorm over Income statement outcomes and correct Income statement management by competencies.

– Are earnings and cash flow sufficient to cover interest payments and provide for some principal repayment?

– Include all projected income and all projected cash disbursements (payments) Hows your cash flow?

– As a potential or present long-term borrower, is the companys debt load excessive?

– How well are the companys assets being employed to generate sales revenue?

– What is the formula for developing an income statement, according to GAAP?

– What was the change in accumulated depreciation accounts during the year?

– Has or will any financial institution extend you a line of credit?

– Did the company borrow or issue shares during the year?

– Is revenue recognition aggressive or conservative?

– Who are the users of accounting information?

– Are adequate job cost procedures in place?

– What is the formula for return on equity?

– How do we Lead with Financial Accounting in Mind?

– What do liquidity ratios measure?

– What caused sales to go down/up?

– What do activity ratios measure?

– Are billings in excess of costs?

– What is a capital account?

– What is the bottom line?

– Are liabilities missing?

Net profit Critical Criteria:

Talk about Net profit strategies and summarize a clear Net profit focus.

– Who needs to know about Financial Accounting ?

Luca Pacioli Critical Criteria:

Group Luca Pacioli adoptions and mentor Luca Pacioli customer orientation.

– How can we incorporate support to ensure safe and effective use of Financial Accounting into the services that we provide?

Business owner Critical Criteria:

Be clear about Business owner visions and document what potential Business owner megatrends could make our business model obsolete.

– To what extent are business owners involved in the bc management lifecycle?

Operating expenses Critical Criteria:

Read up on Operating expenses governance and use obstacles to break out of ruts.

Prepaid expense Critical Criteria:

Incorporate Prepaid expense tasks and get answers.

– How do we keep improving Financial Accounting?

Conclusion:

This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the Financial Accounting Self Assessment:

https://store.theartofservice.com/Financial-Accounting-Complete-Self-Assessment/

Author: Gerard Blokdijk

CEO at The Art of Service | http://theartofservice.com

gerard.blokdijk@theartofservice.com

https://www.linkedin.com/in/gerardblokdijk

Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.

External links:

To address the criteria in this checklist, these selected resources are provided for sources of further research and information:

Financial Accounting External links:

Financial Accounting Resource Center™ | Bloomberg BNA
https://www.bna.com/financial-accounting

Financial Accounting quiz’s Flashcards | Quizlet
https://quizlet.com/11640510/financial-accounting-quizs-flash-cards

Financial accounting is a specialized form of accounting that keeps track of transactions.
http://Reference: www.accountingcoach.com/financial-accounting/explanation

T accounts External links:

T accounts Flashcards | Quizlet
https://quizlet.com/3158970/t-accounts-flash-cards

Manage My AT&T Accounts – myAT&T Registration
https://myattwg.att.com/olam/unauth/submitAccountRegistration.myworld

T Accounts
http://www.accounting-basics-for-students.com/T-accounts.html

Statement of changes in equity External links:

Statement of Changes in Equity – YouTube
https://www.youtube.com/watch?v=iNxIlN7mcTs

Common stock External links:

Accounting for common stock issuance – Simplestudies.com
http://simplestudies.com/accounting-for-common-stock-issuance.html/page/2

Common stock financial definition of common stock
http://financial-dictionary.thefreedictionary.com/Common+Stock

Common Stock and Stockholders’ Equity | AccountingCoach
https://www.accountingcoach.com/stockholders-equity/explanation/2

Matching principle External links:

Matching Principle Flashcards | Quizlet
https://quizlet.com/4798855/matching-principle-flash-cards

What is the matching principle? | AccountingCoach
https://www.accountingcoach.com/blog/what-is-the-matching-principle

matching principle definition and meaning | …
https://www.accountingcoach.com/terms/M/matching-principle

General ledger External links:

What is a general ledger account? | AccountingCoach
http://www.accountingcoach.com/blog/what-is-a-general-ledger-account

Bookkeeping – General Ledger Accounts | …
https://www.accountingcoach.com/bookkeeping/explanation/4

General ledger — AccountingTools
https://www.accountingtools.com/articles/2017/5/9/general-ledger

Financial Accounting External links:

Financial Accounting quiz’s Flashcards | Quizlet
https://quizlet.com/11640510/financial-accounting-quizs-flash-cards

Financial accounting is a specialized form of accounting that keeps track of transactions.
http://Reference: www.accountingcoach.com/financial-accounting/explanation

Financial Accounting Resource Center™ | Bloomberg BNA
https://www.bna.com/financial-accounting

Fiscal year External links:

[PDF]State Holiday Schedule Fiscal Year 2018
https://www.puc.texas.gov/agency/calendar/Holidays.pdf

[PDF]FISCAL YEAR 2018 BUDGET OVERVIEW
https://www.ssa.gov/budget/FY18Files/2018BO.pdf

Sole proprietorship External links:

Title of a Sole Proprietorship | Chron.com
http://smallbusiness.chron.com/title-sole-proprietorship-22070.html

A sole proprietorship is an unincorporated business that is owned by an individual.
http://Reference: www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Sol…

What is a sole proprietorship? definition and meaning
http://www.investorwords.com/4626/sole_proprietorship.html

Generally accepted auditing standards External links:

Generally Accepted Auditing Standards – GAAS
https://www.investopedia.com/terms/g/gaas.asp

AU 150 Generally Accepted Auditing Standards – PCAOB
https://pcaobus.org/Standards/Auditing/Pages/AU150.aspx

Economic entity External links:

What is Economic Entity Assumption? definition and …
http://www.investorwords.com/12074/economic_entity_assumption.html

Management accounting External links:

Management accounting (Book, 2004) [WorldCat.org]
http://www.worldcat.org/title/management-accounting/oclc/52381125

Management Accounting Careers | Accounting.com
http://www.accounting.com/careers/management-accounting

Management accounting – AICPA
https://competency.aicpa.org/competencies/30-management-accounting

General journal External links:

Accounting general journal help? | Yahoo Answers
https://answers.yahoo.com/question/index?qid=20121119065941AAKYFZn

What Are General Journal Entries in QuickBooks? | Chron.com
http://smallbusiness.chron.com/general-journal-entries-quickbooks-55801.html

[PDF]CHAPTER 7 – General Journal Entries
http://www.k12.wa.us/safs/INS/ACC/0405/07.pdf

Notes to the financial statements External links:

Notes To The Financial Statements – Investopedia
https://www.investopedia.com/terms/f/footnote.asp

Notes to the Financial Statements- Reporting …
https://fmx.cpa.texas.gov/fmx/pubs/afrrptreq/notes

[PDF]Notes to the Financial Statements Template – modiphy
https://flux.modiphy.com/files/view/14228

Current asset External links:

What is a current asset? | AccountingCoach
https://www.accountingcoach.com/blog/what-is-a-current-asset

Permanent Current Asset Definition – Investopedia
https://www.investopedia.com/terms/p/permanent-current-asset.asp

ch 7 current asset management Flashcards | Quizlet
https://quizlet.com/26065425/ch-7-current-asset-management-flash-cards

Accounting analyst External links:

Accounting Analyst Salary – PayScale
https://www.payscale.com/research/US/Job=Accounting_Analyst/Salary

Accounting Analyst Jobs, Employment | Indeed.com
https://www.indeed.com/q-Accounting-Analyst-jobs.html

International Financial Reporting Standards External links:

[PDF]International Financial Reporting Standards (IFRS)
https://www.ifrs.com/pdf/IFRSUpdate_V8.pdf

International Financial Reporting Standards – IFRS
https://www.investopedia.com/terms/i/ifrs.asp

Financial statements External links:

financial statements definition | Dictionary | …
http://www.accountingcoach.com/terms/F/financial-statements

Financial statements | Mass.gov
https://www.mass.gov/service-details/financial-statements

Capital expenditure External links:

Capital Expenditure Policy | Expense | Chief Financial Officer
https://www.scribd.com/document/349945017/Capital-Expenditure-Policy

What Is Capital Expenditure? — The Motley Fool
https://www.fool.com/knowledge-center/capital-expenditure.aspx

[PDF]Capital Expenditure Policy – University of Texas System
https://www.utsystem.edu/sites/default/files/policies/uts/uts168.pdf

Annual report External links:

Title I Annual Report / Title 1 Annual Report
http://www.wyalusingrams.com/domain/160

Annual Report Instructions – Business Services Online
http://tnbear.tn.gov/AR

Annual Report – AbeBooks
https://www.abebooks.com/book-search/title/annual-report

International Accounting Standards Board External links:

International Accounting Standards Board – The Economist
http://www.economist.com/topics/international-accounting-standards-board

International Accounting Standards Board (IASB)
https://www.iasplus.com/en-us/resources/global-organisations/ifrs/iasb

Accounting standards External links:

[PDF]Accounting Standards and Procedures For Counties
https://www.sco.ca.gov/Files-ARD-Local/ASP_Manual.pdf

Sustainability Accounting Standards Board
https://www.sasb.org

FASB Accounting Standards Codification®
https://asc.fasb.org

Accounting equation External links:

How Does a Loan Affect an Accounting Equation? | Chron.com
http://smallbusiness.chron.com/loan-affect-accounting-equation-36319.html

Accounting Equation | Definition of Accounting Equation …
https://www.merriam-webster.com/dictionary/accounting equation

Accounting Equation – Investopedia
http://investopedia.com/terms/a/accounting-equation.asp

Government agencies External links:

Training Solutions for Government Agencies | Blackboard
http://www.blackboard.com/gov

Microsoft in Government: Solutions for Government Agencies
https://enterprise.microsoft.com/en-us/industries/government

Arkansas.gov list of Arkansas government agencies
http://www.arkansas.gov/government/agencies

Generally Accepted Accounting Practice External links:

[PDF]Generally Accepted Accounting Practice (GAAP) …
http://www.treasury.govt.nz/budget/2004/pdfs/befu04-gaap.pdf

Generally accepted accounting practice is a statutory term in the UK Taxes Acts. The abbreviation “UK GAAP” is also accepted as an abbreviation for the term used in other jurisdictions, Generally Accepted Accounting Principles, or Generally Accepted Accounting Policies.
http://Reference: en.wikipedia.org/wiki/Generally_Accepted_Accounting_Practice_(…

Historical cost External links:

Historical Cost Accounting Defined – investopedia.com
https://www.investopedia.com/terms/h/historical-cost.asp

Quiz & Worksheet – Historical Cost | Study.com
https://study.com/academy/practice/quiz-worksheet-historical-cost.html

Marketable securities External links:

Marketable Securities | Investopedia
https://www.investopedia.com/terms/m/marketablesecurities.asp

Marketable Securities – Careers, Finance and Investing
http://money-zine.com/definitions/investing-dictionary/marketable-securities

FAR – Marketable securities Flashcards | Quizlet
https://quizlet.com/155268270/far-marketable-securities-flash-cards

Governmental accounting External links:

Governmental Accounting Standards Board (GASB) – …
http://persi.idaho.gov/employers/gasb.cfm

Governmental Accounting Standards Board (GASB)
https://osc.state.ny.us/retire//employers/gasb/faqs.php

Governmental Accounting: Fundamental Principles …
https://www.bna.com/Governmental-Accounting-Principles-p9448

Internal audit External links:

Global Institute of Internal Auditors
https://global.theiia.org/Pages/globaliiaHome.aspx

“Elementary” Internal Audit (TV Episode 2013) – IMDb
http://www.imdb.com/title/tt3357010

Institute of Internal Auditors – Official Site
https://na.theiia.org/Pages/IIAHome.aspx

Financial audit External links:

U.S. GAO – Financial Audit Manual
https://www.gao.gov/financial_audit_manual/overview

Double-entry bookkeeping system External links:

Double-Entry Bookkeeping System | QuickBooks® Canada
https://quickbooks.intuit.com/ca/debits-and-credits

Constant purchasing power accounting External links:

Constant Purchasing Power Accounting | Gulf Writing
http://gulfwriting.com/template/constant-purchasing-power-accounting

Constant purchasing power accounting | CourseNotes
http://www.course-notes.org/taxonomy/term/1054408

[PDF]Constant Purchasing Power Accounting 11 …
https://link.springer.com/content/pdf/10.1007/978-1-349-16613-8_4.pdf

Accounting research External links:

GMT Research | The accounting research firm
https://www.gmtresearch.com

Trial balance External links:

QuickBooks Online Accountant Trial Balance – Intuit
https://quickbooks.intuit.com/accountants/tools-books-to-tax

Trial Balance – Video | Investopedia
http://investopedia.com/video/play/trial-balance

Retained earnings External links:

[PDF]retained earnings powerpoint – The WPI Home Page
http://www.thewpi.org/pdf/retained earnings powerpoint.pdf

Management discussion and analysis External links:

[DOC]Sample Management Discussion and Analysis …
http://www.bwsr.state.mn.us/finance/2012/2012_Sample_MD&A.doc

Management Discussion and Analysis – MD&A
https://www.investopedia.com/terms/m/mdanalysis.asp

Net income External links:

For business net-income: Net income equals gross income less cost of goods sold, expenses, and taxes.
http://Reference: www.accountingtools.com/definition-net-income

[PDF]Schedule A Monthly Report for Establishing Net Income
https://www.hud.gov/sites/documents/93479.PDF

Ask Chuck: Should I Tithe on Gross or Net Income? – Crown
https://www.crown.org/ask-chuck-should-i-tithe-on-gross-or-net-income

Accounting period External links:

Accounting Period, Reporting Period: Defined and Explained
https://www.business-case-analysis.com/accounting-period.html

Change in Accounting Period – IRS Tax Map
https://taxmap.irs.gov/taxmap/ts0/changeinaccounting_o_1bf50f6f.htm

What is an accounting period? | AccountingCoach
http://accountingcoach.com/blog/what-is-an-accounting-period

Fair value External links:

What is fair value for the 10-year Treasury? – CNBC
https://www.cnbc.com/id/100968040

What Is Fair Value? – Morningstar, Inc.
http://news.morningstar.com/classroom2/course.asp?docId=144047&page=2

Fair Value Accounting Definition from Financial Times …
http://lexicon.ft.com/Term?term=fair-value-accounting

Integrated Authority File External links:

MEDLARS indexing: integrated authority file
https://collections.nlm.nih.gov/catalog/nlm:nlmuid-0226726-bk

Integrated authority file: IAF – Digital Collections
https://collections.nlm.nih.gov/catalog/nlm:nlmuid-8909143-bk

Integrated Authority File – iSnare Free Encyclopedia
https://www.isnare.com/encyclopedia/Integrated_Authority_File

FIFO and LIFO accounting External links:

FIFO and LIFO accounting.? | Yahoo Answers
https://answers.yahoo.com/question/index?qid=20080331073518AAEnp4V

Accounts receivable External links:

Frost-Arnett | Accounts Receivable Management for 120+ …
https://www.frost-arnett.com

hawaii.gov – Boating Accounts Receivable System
https://dobor.ehawaii.gov

Positive accounting External links:

POSITIVE ACCOUNTING – Google+
https://plus.google.com/100525753131735080562

ACCT 9110: Positive Accounting Research – Course …
https://www.terry.uga.edu/courses/ACCT/9110

Positive Accounting Solutions, LLC, Home.
https://www.positiveaccountingsolutions.com

Gross profit External links:

How to Calculate Gross Profit – Entrepreneur
https://www.entrepreneur.com/article/226158

Gross profit Synonyms, Gross profit Antonyms | …
http://www.thesaurus.com/browse/gross+profit

Gross Profit – Investopedia
http://investopedia.com/terms/g/grossprofit.asp

Unit of account External links:

Unit of account
http://A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., any economic item. It is one of three well-known functions of money.

What is Unit Of Account? definition and meaning
http://www.investorwords.com/17812/unit_of_account.html

Philosophy of accounting External links:

HISTORY AND PHILOSOPHY OF ACCOUNTING …
https://works.bepress.com/chukwumah_obara/20

[PDF]The Philosophy of Accounting – North Seattle College
http://faculty.northseattle.edu/wholt/cert_book/other/account_principles.pdf

Our Philosophy of Accounting | Erwin, Fountain, & …
http://www.efjcpa.com/philosophy-of-accounting

Tax accounting External links:

Tax Accounting – Investopedia
https://www.investopedia.com/terms/t/tax-accounting.asp

Tax Accounting – Investopedia
http://investopedia.com/terms/t/tax-accounting.asp

Tax Accounting Jobs – Search Tax Accounting Job …
https://www.monster.com/jobs/q-tax-accounting-jobs.aspx

Debits and credits External links:

Debits and Credits – Normal Balances | AccountingCoach
https://www.accountingcoach.com/debits-and-credits/explanation/2

Closings- Debits and Credits Flashcards | Quizlet
https://quizlet.com/17941885/closings-debits-and-credits-flash-cards

Debits and credits — AccountingTools
https://www.accountingtools.com/articles/2017/5/17/debits-and-credits

Historical cost accounting External links:

What is historical cost accounting? – Quora
https://www.quora.com/What-is-historical-cost-accounting

Social accounting External links:

What is social accounting? – Quora
https://www.quora.com/What-is-social-accounting

The social accounting project and Accounting …
https://www.sciencedirect.com/science/article/pii/S0361368200000039

Social Accounting Jobs – Apply Now | CareerBuilder
https://www.careerbuilder.com/jobs-social-accounting

Cost accounting External links:

Cost accounting (Book, 1994) [WorldCat.org]
http://www.worldcat.org/title/cost-accounting/oclc/27681554

48 CFR Part 9905 – COST ACCOUNTING STANDARDS …
https://www.law.cornell.edu/cfr/text/48/part-9905

Cost Accounting – AbeBooks
https://www.abebooks.com/book-search/title/cost-accounting

Forensic accounting External links:

Forensic Accounting | FBIJOBS
https://www.fbijobs.gov/career-paths/forensic-accounting

Income statement External links:

TSLA Annual Income Statement – Tesla Inc. Annual Financials
https://www.marketwatch.com/investing/stock/tsla/financials

What is Gross Profit on the Income Statement?
https://www.thebalance.com/gross-profit-on-the-income-statement-357578

Income Statement – Investopedia
http://investopedia.com/terms/i/incomestatement.asp

Net profit External links:

eBay Listing Fee and Net Profit Calculator | Salecalc.com
https://salecalc.com

Gross Profit Vs. Net Profit | Chron.com
http://smallbusiness.chron.com/gross-profit-vs-net-profit-4024.html

Net profit | Define Net profit at Dictionary.com
http://www.dictionary.com/browse/net-profit

Luca Pacioli External links:

Amazon.com: Luca Pacioli: Books
http://www.amazon.com/s?rh=i:books,p_27:Luca Pacioli

Luca Pacioli – De Ludo Scachorum – youtube.com
https://www.youtube.com/watch?v=pCSNhQtjK9o

Luca Pacioli | Italian mathematician | Britannica.com
https://www.britannica.com/biography/Luca-Pacioli

Business owner External links:

What Happens When a Business Owner Dies? Three Steps …
https://www.pashalaw.com/business-owner-dies

Business Owner’s Policy | BOP Insurance | The Hartford
https://www.thehartford.com/business-owners-policy

Operating expenses External links:

Increased Operating Expenses | FEMA.gov
https://www.fema.gov/appeal/286218

Total Annual Fund Operating Expenses – Investopedia
https://www.investopedia.com/terms/t/tafoe.asp

Title 30-A, §5722: Operating expenses – Maine Legislature
http://legislature.maine.gov/statutes/30-A/title30-Asec5722.html

Prepaid expense External links:

Prepaid Expense – investopedia.com
https://www.investopedia.com/terms/p/prepaidexpense.asp

What is Prepaid Expense? definition and meaning
http://www.investorwords.com/6622/prepaid_expense.html

Prepaid Expenses Accounting – AccountingTools
http://www.accountingtools.com/prepaid-expenses-accounting