Accounting Equation and Recording Process

Training Manual (3-4 pages)
Resources: Accounting Equation and Recording Process
Finance and accounting for nonfinancial managers: All the basics you need to know. New York, NY: Basic Books.
The following chapter is most relevant for this assessment:
Chapter 1, “Contemporary Financial Management,” pages 15–20.
The Accounting Cycle | Transcript.
This short video explains and depicts the accounting cycle.
Jones, D. J. (2012). Visualizing accounting transaction flows into financial statements. American Journal of Business Education, 5(6), 753–757.
Resources: Publicly Available Financial Statements
SEC website.
On the main page:
Roll over the FILINGS link at the top of the page.
Select Company Filings Search from the drop-down list.
In the blank field, type the name of the company whose financial statements you wish to view, and then click SEARCH.
The next page may provide a list of companies matching your search. Select the company for which you are searching.
On the Results page, you will see a listing of filings by that company. From the list, select the financial statements you wish to view. (Hint: The filings labelled 10K are annual filings and are likely to be the most complete. The Interactive Data link allows you to select specific financial statements.)
Resources: Additional Resources for Further Consideration
Basic accounting concepts for non-financial professionals [Tutorial].
The Accounting Equation and Recording Process:
The Basic Accounting Equation.
Cash-based and Accrual-based Accounting.
Understanding the Accounting Process.
Basic Accounting Principles.
Financial Statement Basics:
The Basic Accounting Equation.
Cash-based and Accrual-based Accounting.
Understanding the Accounting Process.
Basic Accounting Principles.
Financial Statements Advanced Topics and Notes:
Cash Flow Principles.
The Impact of Economic Float on Cash Flow.

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