Question
Can you please just give a simple, quick definition of each bullet? Order of the multi-step income statement Calculation of key performance measures on the
Can you please just give a simple, quick definition of each bullet?
Order of the multi-step income statement
Calculation of key performance measures on the income statement
Discontinued operations
Balance sheet order, theory, concepts
Balance sheet account definitions and characteristics (cash equivalents, current vs. noncurrent, etc.)
Journal entries and adjusting journal entries for prepaid expenses, notes + interest, accrued liabilities, issuance of stock
Sections of the Statement of Cash Flows what is in each section and the order of the sections
Financial statement articulation
General overview of 10-K know what it is, how its used, and the major sections
Time value of money concept and calculations o PV, FV, PVOA, PVAD, FVOA, FVAD
Stated interest vs. effective interest
Steps of revenue recognition process
How to identify and allocate price to each performance obligation
Variable consideration expected value approach vs. most-likely-amount approach
Identifying stand-alone selling prices using all methods
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