Core Concepts of Accounting Information Theme 4, 1999-2000 Edition

by Pincus, Karen V.

• ISBN13: 9780072321982
• ISBN10: 0072321989
• Edition: 8th
• Format: Paperback
• Copyright: 1999-08-16
• Publisher: MCG

Summary

Theme 4 covers Accounting Issues Involving Capital. There are 4 modules:1. Introduction (debt capital; liabilities; suppliers, customers, employees, taxing authorities, banks and other lenders as different sources of debt capital; obligations not recognized on balance sheet; equity capital; the blurring line between debt and equity; accounting for innovative financial instruments)2. Management as users of Accounting Information About Capital (risks of owning or issuing financial instruments; what is a financial instrument?; internal control over financial instruments)3. Owners and Creditors as Users of Accounting Information About Capital (changing mix of debt and equity financing; leveraged buyouts; leveraged ESOPs; debt-for-equity swaps and stock redemption; distinguishing between debt and equity for tax purposes; tax incentives used for debt financing; assessing risk and solvency)4. Government and Other Users of Accounting Information About Capital (the problem of deficits and debt; the need for budget reforms; the politics of budgeting; flaws in the budget process; improving financial management in government.

Table of Contents

Acknowledgments	iv
A Few Words About Copyrights, The Pricing of Course Materials and Photocopying	v
Organization of Course Materials	vi
Feedback on Course Materials	vi
Introduction	1	(1)
Management as users of Accounting Information about Capital	2	(1)
Owners and Creditors as users of Accounting Information about Capital	3	(1)
Government and other users of Accounting Information about Capital	4	(1)
Index	5