Using Accounting & Financial Information

Index

Accounting

defined, 1

equation, 13

information

external users of, 5–6

internal users of, 4–5

systems, 2

organizations and society, role in, 2

principles, generally accepted, 8–9

Accounts receivable, 73–74

budgets, Hopping Helga, 93–94

turnover and days, 61–62

Accrued expense timing differences, 43–45

Accrued revenue, 42–43

Accrued taxes, 96

Actual return, 131

After-tax income

in CVP analysis, 105

targets achieving, Splash Enterprises, 116

Aging schedules, 94, 96

Annual percentage rates, 98

Annual rates of return, 123

Annual Statement Studies, 52

Asset turnover, 55

Assets

current, 15–16, 40, 59

noncurrent, 16–18

return on, 54–56

Audits and assurance, 9–10

Balance sheet

Fashions by Soges, 48

forecasting, 73–78

Hopping Helga, 97–98

and timing ...