The Accounting Environment last updated January 19, 2010
Page Content :
This page contains links to a variety of institutions and organizations that have either a direct or at least an indirect relationship to financial reporting and the material covered in chapter 1. To help you review the material covered in this chapter, take review quiz 1 and review quiz 2 .
Financial Statements: What are they? |
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Read IBM's - Guide to "understanding financial statements" and look at the annual report Check out the clever things Microsoft has available: Pivot tables (to analyze financial statements and conversion of financial statements into foreign GAAP |
Rule Makers: Congress: 1. The US House of Representatives |
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What does the Congress have to do with accounting rules?
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2. The US Senate |
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3. The Securities and Exchange Commission (SEC) |
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Who are they and what do they have to do with accounting?
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The authorizing laws: This is a search page (direct link did not work) Enter: securities act of 1933. Click on volume 2; Click on submit. |
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This will take you to the Securities Act of 1933 and the Securities and Exchange Act of 1934. What did those laws authorize? See if you can find the parts that relate to accounting. |
4. The Financial Accounting Standards Board (FASB) |
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Check out the site, look for the Summaries of Statements of Financial Accounting Standards (SFAS) |
5. The Internal Revenue Service (IRS) |
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What does the IRS have to do with accounting? |
6. The profession: The American Institute of Certified Public Accountants (AICPA |
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Check out the page, find the section that discusses the relationship between the AICPA and the FASB |
7. Industry: Financial Executive Institute (FEI) |
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Who are they and what role do they play in the accounting standard setting process? |
8. International Accounting Standards Board (IASB) or try: IASBplus |
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What do they do? Do they matter to us? Read the page discussing the FASB's views Alternate web site for IASB, use it when the real site does not work. |
Contact Information
Professor Lundblad's Office: Juniper Hall JH 3218
Professor Lundblad's Telephone Number: (818) 677-2440
Fax Number: (818) 677- 2467
Email: heidemarie.lundblad@csun.edu - Notice: I do not read or answer email from unidentified sources.
Office Hours: In JH 3218: T 16:45 - 17:45; 21:30 (as needed in 1202); TH 13:00 - 13:45; and by appointment
e-mail: M: 20:00 - 21:00, W: 20:00 - 21:00
Class Locations and Hours:
- Department of Accounting Office: Juniper Hall JH3123
- Department Telephone Number: (818) 677-2461
