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Introduction to Financial Accountingdescribes 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; Stockholdersrs" 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