Presentation on theme: "2-1 PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA."— Presentation transcript:
2-12 Relationships Among Financial Statements Date at beginning of period Date at end of period Balance Sheet Time Income Statement Statement of Cash Flows
2-13 Financial Statement Articulation
2-14 Statement of Cash Flows Balance Sheet Income Statement Other Information: Nonfinancial disclosures Management interpretation Industry Competitors National economy Financial Reporting and Financial Statements Financial statements are just one source of financial accounting information.
2-15 Reporting Ownership Equity in the Statement of Financial Position Sole Proprietorships Partnerships Corporations