Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 4 Adjusting Accounts for Financial Statement Self-Test Answer the following questions: 1. what is an accrued revenue? Give an example 2. what is the difference between the cash basis and accrual basis of accounting? 3. what is accrued expense? Give an example?

1 Financial Crisis: A Hardy Perennial 1 2 Anatomy of a Typical Crisis 24 3 Speculative Manias 38 4 Fueling the Flames: The Expansion of Credit 64 5 The Critical Stage 90 6 Euphoria and Economic Booms 113 7 International Contagion 123 8 Bubble Contagion: Tokyo to Bangkok to New York 142 9 Frauds, Swindles, and the Credit Cycle 165 10 Policy Responses: Letting It Burn Out, and Other Devices 203 11 The Domestic Lender of Last Resort 225 12 The International Lender of Last Resort 243 13 The Lessons of History and the Most Tumultuous

金融部门评估规划（Financial Sector Assessment）手册：Chapter 12 Sequencing Financial Sector Reforms

金融部门评估规划（Financial Sector Assessment）手册：Chapter 9 Assessing the Legal Infrastructure for Financial Systems

金融部门评估规划（Financial Sector Assessment）手册：Chapter 8 Assessing Financial System Integrity—Anti-Money Laundering and Combating the Financing of Terrorism

金融部门评估规划（Financial Sector Assessment）手册：Chapter 6 Assessing the Supervision of Other Financial Intermediaries

金融部门评估规划（Financial Sector Assessment）手册：Chapter 5 Evaluating Financial Sector Supervision - Banking, Insurance, and Securities Markets

1. What are the possible decisions that can be made with the use of financial analysis? Answer: Share investment decisions. This includes whether to invest in shares and the type of share (common, preferred). Lending decisions. This includes whether to purchase retractable preferred shares, issue mortgages, buy corporate bonds on the open market, operating line of credit

金融部门评估规划（Financial Sector Assessment）手册：Chapter 3 Assessing Financial Stability

金融部门评估规划（Financial Sector Assessment）手册：Chapter 2 Indicators of Financial Structure, Development, and Soundness