1. Book Chapter Project Aisha Al-Bgumi 200900890 ,Finance
Mariam Al-Ali , Business Administration
Zainab Al-Nasser , Accounting
ASSE 2111 – Learning Outcome Assessment
Section 203

2. OUTLINE: Book Content Goals and Objectives Cover Page Sample Pages
2 Essential Definitions
Sample Exercise
Recommended Reference
Conclusion

3. Book Content Balance Sheet Financial Statements: An Overview
Income Statement
Stockholders Equity
Cash Flow
The Analysis of Financial Statements
The Accounting Information System

4. Book Content (focus chapter)
Balance Sheet
Uses and Limitations
Elements of the Balance Sheet:
Current Assets
Non-Current Assets
Liabilities
Stockholders Equity
Balance Sheet Format
Self Test

5. Goals
The main goal of studying accounting is to provide an obvious information of the company’s financial activities and position of its assets and liabilities.
The second goal we want to obtain of studying this chapter is to make the student able to prepare the balance sheet.
Balance sheet and income statement are way different from each other with a different of purposes.
Accounting is the way to connect what is going in the business with the shareholders and investors.

6. Objectives To know how to monitor the company performance
To determine what business should close down or to keep up in the market
To recognize the classifications in the balance sheet.
To be able to differentiate between current and non-current assets that used in preparing the balance sheet.
To be able to explain what are assets, liabilities and stockholders equity.
To understand what is income statement and the uses of it.

7. Cover Page Year of Published Book Title Descriptive Sentence Picture
Authors Names

8. Sample Pages

9. 2 Essential Definitions
1- Balance Sheet: is the statement that provides a wealth of valuable information about a business firm. It shows the financial condition or financial position of a company on a particular date.
2- Assets: probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events.

10. Sample Exercise
8/Mark current account with (C) and none current accounts with (NC):
B- Long-term debts
C- Inventories
D- Accounts payable
E- Prepaid expenses
F- Equipment
G- Accrued Liabilities
H- Accounts receivables
I- Cash
J-Bonds payable

11. Recommended Reference
Fraser, L. Ormiston, A. (2010). Understanding Financial Statements. New Jersey: Pearson.

12. Would we use this book if we were a teacher? Why (not)?
Conclusion
Would we use this book if we were a teacher? Why (not)? NO
Maybe
YES

13. Do you have any questions?
Thank you for your listening 
Do you have any questions?