Accounting Principles Flashcards
(8 cards)
1
Q
What’s a Balance Sheet?
A
2
Q
What’s a Profit and Loss Statement?
A
3
Q
What’s a Cash Flow Statement?
A
4
Q
How might you assess the financial strength of a business?
A
5
Q
What are the Generally Accepted Accounting Principles?
A
6
Q
How does GAAP differ with IAS?
A
7
Q
What is the role of an Auditor?
A
8
Q
A
