Chapter 4
Slide 2
Slide 3
Income from Continuing Operations
Recognition of Expenses
Income from Continuing Operations
Income from Continuing Operations
Single-Step Income Statement
Multiple-Step Income Statement
Earnings Quality
Manipulating Income and Income Smoothing
Partial Income Statement—GameStop Corp.
Operating Income and Earnings Quality
Operating Income and Earnings Quality
Nonoperating Income and Earnings Quality
Nonoperating Income and Earnings Quality
Income Statements (in part)—Intel Corporation
Discontinued Operations
Reporting Discontinued Operations
Discontinued Operations— Gain on Disposal
Discontinued Operations—Impairment Loss
Discontinued Operations Disclosure—Eastman Kodak Company
Accounting Changes
Change in Accounting Principle
Change in Depreciation, Amortization, or Depletion Method
Change in Accounting Estimate
Correction of Accounting Errors
Prior Period Adjustments
Earnings per Share Disclosures
Earnings per Share Disclosures
EPS Disclosures—Big Lots, Inc.
Comprehensive Income
Flexibility in Reporting
Slide 34
Accumulated Other Comprehensive Income
Shareholders’ Equity—Astro-Med Inc.
Slide 37
Statement of Cash Flows
Operating Activities
Direct and Indirect Methods of Reporting
Slide 41
Slide 42
Slide 43
Investing Activities
Investing Activities
Financing Activities
Noncash Investing and Financing Activities
Slide 48
International Financial Reporting Standards
International Financial Reporting Standards
Interim Reporting
Interim Data in Annual Report—PetSmart, Inc.
Interim Reporting
Interim Reporting
Interim Reporting
Interim Reporting
International Financial Reporting Standards
End of Chapter 4