Financial Accounting

Learn the toughest concepts covered in your Financial Accounting class with step-by-step video tutorials and practice problems.

Introduction to Accounting

Useful Information

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This section is almost philosophical in nature. How can information be useful? We will first define some general characteristics about useful information. Then, we will relate it to accounting.

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Fundamental Qualitative Characteristics

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Enhancing Characteristics

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Four Underlying Assumptions

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Principles of Financial Accounting

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