Accounting 206

5 terms by krzykw24 

Ready to study?
Start with Flashcards

Create a new folder

Advertisement Upgrade to remove ads

Accounting

The information system that identifies, records, and communicates the economic events of an organization to interested users

Annual Report

A report prepared by corporate management that presents financial information including financial statements, notes, a management discussion and analysis section, and an independent auditor's report

Assets

Resources owned by a business.

Auditors report

a report prepared by an independent outside auditor stating the auditors opinion as to the fairness of the presentation of the financial position and results of operations and their conformance with generally accepted accounting standards.

Balance Sheet

A financial statement that reports the assets and claims to those assets at a specific point in time

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set