Brief Learning Exercises Topic Objectives Skills B. Ex. 1.1 Users of accounting information 1-1, 1-3, 1-5 Analysis B. Ex. 1.2 Components of internal control 1-2, 1-5 Analysis B. Ex. 1.3 Inexact or approximate measures 1-3, 1-4 Analysis, judgment B. Ex. 1.4 Standards for the preparation of 1-5, 1-6 Analysis accounting information B. Ex. 1.5 FASB conceptual framework 1-1, 1-3, 1-5, 1-6 Analysis B. Ex. 1.6 PCAOB 1-5, 1-6 Analysis, research B. Ex. 1.7 COSO 1-2, 1-5, 1-6 Analysis, ethics B. Ex. 1.8 Professional certifications in accounting 1-7,1- 8 Analysis B. Ex. 1.9 AICPA code of professional conduct 1-5, 1-7 Analysis, ethics B. Ex. 1.10 Personal benefits of accounting skills 1-1 Analysis Learning Exercises Topic Objectives Skills 1.1 You as a user of accounting information 1-1 Analysis, judgment 1.2 1-3, 1-4 Analysis, research Users of accounting information 1.3 What is financial reporting? 1-3 Analysis, judgment 1.4 Generally accepted accounting 1-6 Analysis 1.5 Accounting organizations 1-6 Analysis, communication 1.6 Investment return 1-3 Analysis 1.7 Accounting terminology 1-3-1-5, 1-7 Analysis 1.8 Accounting organizations 1-6 Analysis 1.9 Financial and management accounting 1-3, 1-4 Judgment 1.10 Management accounting information 1-4 Communication, judgment 1.11 Accounting organizations 1-6 Analysis, judgment 1.12 Purpose of an audit 1-5 Analysis, judgment 1.13 Audits of financial statements