Y1 - Accounting

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Summary

Week 2

Erasmus Universiteit · International Business Administration

Y1 - Accounting

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Chapter 3: Accrual Accounting
3.1 Explain how accrual accounting differs from cash-basis accounting
3.2 Apply the revenue and expense recognition principles
3.3 Adjust the accounts
3.4 Prepare updated financial statements
3.5 Close the books
Chapter 4: Presentation of Financial Statements
4.1 Appreciate the Role of Annual Reports as Communication Tool
4.2 Recognize The General Presentation Requirements of Financial Statements
4.3 Understand Presentation requirement for statement of financial position

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