Must examine financial statements and notes for Aetna and write a paper discussing the following: 1. Introduction.
Question:
Must examine financial statements and notes for Aetna and write a paper discussing the following:
1. Introduction.
2. Generally accepted accounting principles (gaap) and description of the accounting principles: cost, revenue recognition, and matching.
3. Selected company's application of gaap in cost recording, revenue recognition, and matching of expenses and revenues.
4. Description of recent accounting standards and pronouncements that affect Aetna's financial statements.(if any)
5. Description of assertions of internal controls in the notes to the financial statements.
6. Conclusion. Use the fasb codification in the essay about the principles because it is the authoritative guidance for gaap. Login information is provided under suggested resources & supplies.
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson