Topics:
- EasyLearn Company example:
- Creating statements from BSE (balance-sheet-equation) matrix:
• Balance sheets
• Income statements
• Statements of changes in owners’ equity
• Direct cash flow statements
• Indirect cash flow statements - Connecting statements
- Simplified Record-Keeping and Reporting Map (R&R Map)
- Creating statements from BSE (balance-sheet-equation) matrix:
- Bischoff Global Sportswear’s R&R Map
- Bischoff versus EasyLearn R&R Map
- Connecting Owners’ Equity Change (OEC) Map to R&R Map
- Take-aways
Scenic Video: [27 min]
Formatted for most devices Closed captions below video Slow-speed Internet connection
iPod/iPhone iPad/Android tablet Android phone/MP4 players
Audio
Additional Materials:
Video slides [pdf]
Transcript [pdf] Transcript [doc]
Record-Keeping and Reporting Map (R&R Map) [pdf]
The above video describes Navigating Accounting’s complete Record-Keeping and Reporting Map. Here are links to the earlier chapter videos if you wish to review the development of the map:
Phase I: R&R Map and Balance sheets
Phase II: R&R Map, Income statements and Statements of changes in owners’ equity
