Study the central activities of a business, including today's hot topics, to learn accounting principles! INTERMEDIATE ACCOUNTING presents a user/decision-making approach, combined with the necessary coverage of GAAP, to help you understand accounting in terms of what goes on in an actual business. The text's efficient format is not overwhelming, and it blends the core concepts of accounting principles with procedural applications. An expansive set of end-of-chapter material helps you prepare for exams.
Table of Contents
Part 1. FOUNDATIONS OF FINANCIAL ACCOUNTING. 1. FINANCIAL REPORTING. 2. A Review of the Accounting Cycle. 3. The Balance Sheet and Notes to the Financial Statements. 4. The Income Statement. 5. Statement of Cash Flows and Articulation . 6. Earnings Management . Module: Time Value of Money Review . Part 2. ROUTINE ACTIVITIES OF A BUSINESS. 7. The Revenue/Receivables/Cash Cycle. 8. Revenue Recognition. 9. Inventory and Cost of Goods Sold. 10. Investments in Noncurrent Operating Assets?Acquisition. 11. Investments in Noncurrent Operating Assets?Utilization and Retirement. Part 3. ADDITIONAL ACTIVITIES OF A BUSINESS. 12. DEBT FINANCING. 13. Equity Financing. 14. Investments in Debt and Equity Securities. 15. Leases. 16. Income Taxes. 17. Employee Compensation?Payroll, Pensions, and other issues. PART 4. OTHER DIMENSIONS OF FINANCIAL REPORTING. 18. Earnings per Share. 19. Derivatives, Contingencies, Business Segments, and Interim Reports. 20. Accounting Changes and Error Corrections. 21. Statement of Cash Flows Re-visited. 22. Analysis of Financial Statements. Appendix A: FASB Pronouncements. Appendix B: Check Figures (Selected Exercises and Problems). Glossary. Indexes. Subject Index. Index of Real Companies and internet sites.