Financial Accounting with International Financial Reporting Standards

by Weygandt, Jerry J.; Kimmel, Paul D.

• ISBN13: 9781119787051
• ISBN10: 111978705X
• Edition: 5th
• Format: Paperback
• Copyright: 2022-07-20
• Publisher: Wiley

Summary

An essential and intuitive treatment of financial accounting with an international perspective

The use of International Financial Reporting Standards is growing rapidly, both outside of the United States and within, especially as IFRS incorporates more US GAAP rules. In the newly updated fifth edition of Financial Accounting with International Financial Reporting Standards, a team of accomplished financial practitioners and educators delivers the newest version of their highly anticipated text. This important work offers practical end-of-chapter exercises and practice problems complete with foreign currency examples, as well as an emphasis on non-US companies and examples. It is perfect for accounting students seeking exposure to internationally utilized accounting standards.

Table of Contents

1 Accounting in Action 1-1

2 The Recording Process 2-1

3 Adjusting the Accounts 3-1

4 Completing the Accounting Cycle 4-1

5 Accounting for Merchandise Operations 5-1

6 Inventories 6-1

7 Fraud, Internal Control, and Cash 7-1

8 Accounting for Receivables 8-1

9 Plant Assets, Natural Resources, and Intangible Assets 9-1

10 Current Liabilities 10-1

11 Non-Current Liabilities 11-1

12 Corporations: Organization, Share Transactions, and Equity 12-1

13 Investments 13-1

14 Statement of Cash Flows 14-1

15 Financial Analysis: The Big Picture 15-1

APPENDICES

A Specimen Financial Statements: Taiwan Semiconductor Manufacturing Company, Limited A-1

B Specimen Financial Statements: Nestlé SA B-1

C Specimen Financial Statements: Delfi Limited C-1

D Specimen Financial Statements: Apple Inc. D-1

E Time Value of Money E-1

F Accounting for Partnerships F-1

G Subsidiary Ledgers and Special Journals G-1

SUBJECT INDEX / COMPANY INDEX I-1