Business Administration > TEST BANK > Test Bank for Intermediate Accounting (Volume 1) 5th Candian Edition, By Kin Lo, George Fisher (All)
Test Bank for Intermediate Accounting (Volume 1) 5th Candian Edition, By Kin Lo, George Fisher
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Test Bank for Intermediate Accounting (Volume 1) 5th Candian Edition, By Kin Lo, George Fisher How can we better establish the flow of ideas in intermediate accounting? One way is to apply more acco... unting theory to help explain the “why” behind accounting standards and practices. Inherently, humans are inquisitive beings who want to know not just how things work, but also why things work a particular way. When students understand “why,” they are better able to find connections between different ideas and internalize those ideas with the rest of their accumulated knowledge and experiences. Fundamentals of Financial Accounting Theory Conceptual Frameworks for Financial Reporting Accrual Accounting Revenue Recognition Cash and Receivables Inventories Financial Assets Property, Plant, and Equipment Intangible Assets, Goodwill, Mineral Resources, and Government Grants Applications of Fair Value to Non-Current Assets [Show More]
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