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Maryland Metrics  Form

Maryland Metrics Form

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What I wanna do is take a very fundamental approach to give you a background in financial accounting and deal specifically with the accounting conceptual framework that was designed to present information that investors and creditors, the primary users of financial statements would wanna know when making decisions about investing or providing credit to a company. We'll discuss the accounting equation which is the basis on which we keep track of our business transactions and then incorporate them in the four financial statements. We'll briefly review the four financial statements that are comprised the conceptual framework of accounting, the income statement, the retained earnings statement or capital statement if you're not a corporation, the balance sheet, the cash flow statement. And then I'd like to go through some of the fundamental concepts of the accrual accounting method So, here's some examples of what we're gonna do. Let'

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