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Choose at least two concepts you have learned in Intermediate Accounting, 2nd edition and explain how you may use them in your present or future accounting position. Make sure you provide details on how each concept will help you support the financial goals of the company you currently work for or will work for in the future.

PS: I need a complete answer. Thank you. And do not waste my question

The concepts are as follow:

retained earnings

Earnings per share

Statement of retained earnings

Stockholders' equity

Revenue reognition

Contributed capital

Accounting for income tax

Accounting for postretirement benefits

Accounting for leases

Capital lease

Operating lease

Statement of cash flows

Accounting for changes and errors

Change in an Accounting Principle

Change in an Accounting Estimate

Change in a Reporting Entity.

Errors

retrospective adjustment method

prospective method

direct effect of a change in accounting principle

indirect effect of a change in accounting principle