Synopses & Reviews
Introductory Financial Accounting, 9e provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage. It is directed at those who will analyze real financial statements, and make business decisions based upon that analysis. Real statements are used throughout (Starbucks). Statement of Cash Flows comes earlier in this book than most. Material is focused on analysis of financial statements — ratios introduced early and often, special “Portfolio” section provides a “road map” to financial statement analysis, and special section in end-of-chapter problems focuses on analyzing financial statements (using Starbucks financial statements). Features strong coverage of statement of cash flows (Ch 5) --an essential financial statement, one of growing importance, and should be regarded as a basic statement. For financial accountants.
Synopsis
Introduction to Financial Accounting describes the most widely accepted accounting theory and practice with an emphasis on using and analyzing the information in financial statements. This text also compares U.S. GAAP to IFRS where relevant.
Accounting: The Language of Business; Measuring Income to Assess Performance; Recording Transactions; Accrual Accounting and Financial Statements; Statement of Cash Flows; Accounting for Sales; Inventories and Cost of Goods Sold; Long-Lived Assets and Depreciation; Liabilities and Interest; Stockholders’ Equity; Intercorporate Investments and Consolidations; Financial Statement Analysis
For financial accountants.
Table of Contents
Chapter 1. Accounting: The Language of Business
Chapter 2. Measuring Income to Assess Performance
Chapter 3. Recording Transactions
Chapter 4. Accrual Accounting and Financial Statements
Chapter 5. Statement of Cash Flows
Chapter 6. Accounting for Sales
Chapter 7. Inventories and Cost of Goods Sold
Chapter 8. Long-Lived Assets and Depreciation
Chapter 9. Liabilities and Interest
Chapter 10. Stockholders’ Equity
Chapter 11. Intercorporate Investments and Consolidations
Chapter 12. Financial Statement Analysis