View source for Odomirok.1-5-Intro

'''Reading''':  Financial Reporting Through the Lens of a Property/Casualty Actuary - '''Chapters 1,2,3,4,5''' - '''Introduction to Financial Reporting'''

'''Author''': ''Kathleen C. Odomirok'', FCAS, MAAA, ''Liam M. McFarlane'', FCIA, FCAS, ''Gareth L. Kennedy'', ACAS, MAAA, ''Justin J. Brenden'', FCAS, MAAA, ''EY''

The first 5 chapters of Odomirok cover very basic accounting concepts.

&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/odomirok-1-5-intro<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

==Study Tips==

Spend no more than 15 minutes on this reading. You probably already know these basic accounting concepts, but it won't hurt to review them.

==BattleTable==

* ''this reading has not been tested on any exam from the year 2012 to Fall 2019 when the exams stopped being published.''

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[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Odomirok&suffix=1-5-Intro&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>

&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/odomirok-1-5-intro<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

==In Plain English!==

This is a good time to review ''[[Odomirok.8-9-IS#SAP_versus_GAAP | SAP versus GAAP 8-9]]'' from ''[[Odomirok.8-9-IS]]''.

Note that this is also discussed in ''[[Odomirok.22-23-GAAP#SAP_vs_GAAP | SAP versus GAAP 22-23]]'' from ''[[Odomirok.22-23-GAAP]]''.

The quiz below covers a few more basic accounting concepts.

[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Odomirok&suffix=1-5-Intro&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>