Chapter 3, Problem 3.3P

Prepare a template(table) that may be used for preparing an institution's estimate of expenditure (EOE)/expenditure estimates according to the prescribed standard chart of accounts. Note that the template does not have to contain any figures(amounts).

identify and describe information sources that analysts use in fi nancial statement analysisbesides annual fi nancial statements and supplementary information

Discuss the standard IAS 1 in full. Also indicate its relevance and use in recent times financialreporting.

Preparation of Financial statements is based on GAAP. Substantiate this statement by collecting information on any 5 principles followed in the preparation of financial statements based on GAAP.

Prepare a Classified Balance Sheet

Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine each of the following:1. The topic number (Topic XXX) that provides the accounting for earnings per share.2. The specific eight-digit Codification citation (XXX-XX-XX-X) that describes the additional information for earnings per share that must be included in the notes to the financial statements.3. The specific eight-digit Codification citation (XXX-XX-XX-X) that requires disclosure of transactions affecting the number of common shares outstanding that occur after the most recent reporting period but before the financial statements are issued.