Intermediate Accounting: IFRS Edition, 2nd Edition

SUBJECT INDEX

A

Abnormal shortages, 417

Absences, compensated, 608–610

Accelerated depreciation methods, 497–499

Accounts, 66, 73. See also specific accounts

Accountability, 38

Account form, 194

Accounting, 5–6. See also specific headings

Accounting alternatives, 1126

Accounting changes, 1126–1140

for correction of errors, 1140–1144

in estimates, 154, 1126, 1138–1140, 1158

and global accounting issues, 1156

in policy, 1126–1138, 1140, 1145–1147, 1257

retrospective, 1127–1137, 1297–1299

Accounting controls, 1282

Accounting cycle, 71–96

adjusted trial balance in, 90–92

adjusting entries for accruals in, 79, 85–90

adjusting entries for deferrals in, 79–85

closing process in, 92–94

identifying and recording transactions in, 72–73

journalizing in, 73

post-closing trial balance in, 93–95

posting in, 74–77

preparing financial statements in, 90–92

reversing entries in, 95

trial balance in, 77–78

Accounting data, 66–67

Accounting equation, 68–70

Accounting estimates, 154, 1126, 1138–1140, 1158

Accounting income, 1211

Accounting information system, 64–100

and accounting cycle, 71–96

accounting equation in, 68–70

for cash- vs. accrual-basis accounting, 101–105

debits and credits in, 67–68

defined, 66

and financial statements, 70–71

financial statements for merchandising company, 96–98

as global accounting issue, 99–100

reversing entries in, 106–108

terminology for, 66–67

volatility and upgrades to, 95–96

worksheets in, 109–112

Accounting methods, 137

Accounting policies:

changes in, 1126 ...