Financial Accounting Information

Chapter 1 – The Economic and Institutional Setting for Financial Reporting.pptx

Download Chapter 1 – The Economic and Institutional Setting for Financial Reporting.pptx (1.11 MB)

Chapter 4 – Structure of the Balance Sheet and Statement of Cash Flows.pptx

Download Chapter 4 – Structure of the Balance Sheet and Statement of Cash Flows.pptx (2.69 MB) 

Watch: Module 1 Presentation

https://canvas.liberty.edu/courses/950718/pages/watch-module-1-presentation?module_item_id=90922585

Discussion Thread: Financial Accounting Information

Part One:

Discuss how the following market forces influence the supply of financial accounting information:

• Debt and equity financial markets
• Managerial labor markets
• The market for corporate control (for example, mergers, takeovers, etc.)

Part Two:

Financial information and reporting is required to measure the performance of management and the organization. The Bible contains several examples of the importance of financial information.

2 Kings 12:16 states “No accounts were kept with the men to whom the money was paid over to be spent on workmen since they were honest in their dealings.”

For Part Two, read through 2 Kings 12:16 through 22:7 and explain what the scripture states about how financial accounting information also deters fraud. Use specific scripture verses in your post.

Required Resource

Revsine, L., Collins, D., Johnson, W.B., Mittelstaedt, H.F., & Soffer, L. (2021). Financial reporting and analysis (8th ed.). New York: McGraw-Hill Education. ISBN: 9781264097067.

Disclaimer: The above resources provide information consistent with the latest research regarding the subject area. Liberty University does not necessarily endorse specific personal, religious, philosophical, or political positions found in these resources.

Recommended Resource

American Psychological Association. Publication manual of the American Psychological Association (Current ed.). Washington, DC: Author.