March 7, 2019 – BAF3M – Mr.Scorcia

The Income Statement

March 7, 2019 Scorcia Revenues and Expenses

The Income Statement What is it? Why is it important ? Who needs it and why? What is a Fiscal Period and why is it important to stakeholders? GAAP – Time Period Concept, Matching Principle- which IFRS relates to this? Additions to your Debit/Credit chart (page 132) Additional Practice and Review: Read 135-139 Questions 5-13 Complete Exercises 1,3 Pages 141-142 Video […]

The Economist

FIS’s $43bn takeover of Worldpay
The scramble to build global payment systems
Why book value has lost its meaning
The trouble with intangibles
A dispiriting survey of women’s lot in university economics
#EconomistsToo
Commerzbank and Deutsche Bank start discussing a merger
The smaller bank’s bargaining power has risen
Alan Krueger, natural talent
A quiet revolutionary of economics died on March 16th
FIS and Worldpay agree on a $43bn merger
The race to create a global payments giant is shifting up a gear
China’s current-account surplus has vanished
A deficit could remake the financial system, if the government lets it
David Autor, the academic voice of the American worker
From automation to China, the economist has forced a reassessment of how labour markets respond to disruption
The struggle to restore Turkey’s stricken economy
The effects of mismanagement will linger
Euro-zone fiscal policy is easing for the first time in a decade
But too little will be spent, and on the wrong things

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