Accounting

Accounting Equation

Assets

Corporation

Creditors

Deficit

Dividends

Expenses

External users

Financing activities

Fiscal year

Generally accepted accounting principles (GAAP)

Income

Income statement

Internal users

Investing activities

Investors

Lenders

Loss

Net income

Operating activities

Partnership

Private corporations

Proprietorship

Public corporation

Reporting entity concept

Retained earnings

Revenue

Share capital

Shareholders' equity

Statement of cash flows

Statement of changes in equity

Statement of financial position