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CTE.BF.B.2.5 (Career Technical Education – Pathways)


Standard Identifier: CTE.BF.B.2.5
Content Area: Career Technical Education – Pathways
Grade Range: 7-12
Industry Sector: Business and Finance
Pathway: Financial Services Pathway

Pathway Standard:
Explain how the application of Generally Accepted Accounting Principles (GAAP) impacts the recording of transactions and the preparation of financial statements.

Performance Indicator:
Discuss International Financial Reporting Standards (IFRS) and the convergence between IFRS and GAAP.

Questions: Curriculum Frameworks and Instructional Resources Division | CFIRD@cde.ca.gov | 916-319-0881