| 1.
|
Apply generally accepted financial accounting principles to the annual
report. (I-XI)
|
| 2.
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Demonstrate flexibility in analyzing and reporting financial
information. (I-XI)
|
| 3.
|
Demonstrate ability to pass AICPA exams. (I-XI)
|
| 4.
|
Address needs of various "publics" who rely on statements of the
reporting entity. (I-XI)
|
| 5.
|
Apply professional and ethical judgment to conflicting positions of
the various accounting "publics". (I-XI)
|
| 6.
|
Write supplemental information in notes to financial statements,
supplying full and detailed disclosure. (I-XI)
|
| 7.
|
Apply analytical skills and utilize mathematical principles in
evaluating financial data. (I-XI)
|
| 8.
|
Balance conflicts between generally accepted accounting principles.
(I-XI)
|
| 9.
|
Apply present value and compound interest techniques. (I-XI)
|
| 10.
|
Solve problems via T-account worksheet techniques. (I, X, XI)
|
| 11.
|
Accurately measure income and make adequate disclosure of financial
position for both public and private entities, including maintenance
of reciprocal accounts. (II-VI, XI)
|
| 12.
|
Select appropriate forms of legal ownership for a business entity.
(III, IV, VII, VIII, XI)
|
| 13.
|
Integrate economic phenomena and consequences in financial reporting.
(IV,XI)
|
| 14.
|
Demonstrate familiarity with publications constituting authoritative
accounting opinion. (XI)
|
| 15.
|
Accommodate tax and contract law to accounting reporting and
requirements for regulatory compliance. (XI)
|
| 16.
|
Practice versatility in the presentation of financial information.
(XI)
|
|