Core Concepts of Accounting Information Theme 3, 1999-2000 Edition

Theme 3 covers Accounting Issues Involving Economic Resources. It includes 4 modules:1. Introduction (the nature of economic resources; comparing financial statements within and across industries; assets, expenses and losses; economic resources not generally treated as assets; economic resources often reported on balance sheets)2. Management as Users of Accounting Information About Economic Resources (changing technology and management focus; design for assembly; plant layout redesign; JIT systems; automation; knowledge-based systems; CAD/CAM; bar coding; electronic data interchange; TQM; product, service and project costing; and more)3. Owners and Creditors as Users of Accounting Information About Economic Resources (assessing past performance and future prospects; management assertions about economic resources; financial accounting vs. managerial accounting; financial accounting vs. tax accounting information; types of audit tests; historical cost vs. current value; and more)4. Government and Other Users of Accounting Information About Economic Resources (accounting information about intellectual capital; accounting information and privatization)