Statement of Financial Accounting Concepts No. 5 CONTENTS Paragraph Numbers Highlights Introduction, Scope, and Limitations............................................................................1–4 Financial Statements ...................................................................................................5–57 Financial Statements, Financial Reporting, and Recognition.................................5–9 Financial Statements and Objectives of Financial Reporting.............................10–12 Full Set of Financial Statements .........................................................................13–14 此资料来自www.m448企业管理资源网，大量的管理资料下载 Purposes and Limitations of Financial Statements .............................................15–24 General Purpose Financial Statements and Individual Users .......................15–16 Usefulness of Financial Statements, Individually and Collectively .............17–24 Classification and Aggregation in Financial Statements ........................20–22 Complementary Nature of Financial Statements ....................................23–24 Individual Financial Statements..........................................................................25–57 Statement of Financial Position ....................................................................26–29 Statements of Earnings and Comprehensive Income....................................30–51 Earnings ..................................................................................................33–38 Comprehensive Income ..........................................................................39–41 Relationships between Earnings and Comprehensive Income ...............42–44 Financial Capital Maintenance ...............................................................45–48 Recognition Implications of Earnings ....................................................49–51 Statement of Cash Flows ..............................................................................52–54 Statement of Investments by and Distributions to Owners...........................55–57 Recognition Criteria..................................................................................................58–77 Purposes of Criteria ............................................................................................59–60 Structure of Recognition Criteria........................................................................61–62 Fundamental Recognition Criteria......................................................................63–77 Definitions ..........................................................................................................64 Measurability ................................................................................................65–72 Measurement Attributes..........................................................................66–70 Monetary Unit or Measurement Scale ....................................................71–72 Relevance......................................................................................................73–74 Reliability......................................................................................................75–77 Guidance in Applying Criteria to Components of Earnings.....................................78–87 Revenues and Gains............................................................................................83–84 Expenses and Losses...........................................................................................85–87 Consumption of Benefits ....................................................................................86 Loss or Lack of Future Benefit ...........................................................................87 R