Financial Reporting and Analysis

by REVSINE

• ISBN13: 9780073527093
• ISBN10: 0073527092
• Edition: 4th
• Format: Hardcover
• Copyright: 2008-06-30
• Publisher: McGraw-Hill/Irwin

Summary

Financial Reporting & Analysis (FR&A) by Revsine/Collins/Johnson/Mittelstaedt emphasizes both the process of financial reporting and the analysis of financial statements. This book employs a true "user" perspective by discussing the contracting and decision implications of accounting and this helps readers understand why accounting choices matter and to whom. Revsine, Collins, Johnson, and Mittelstaedt train their readers to be good financial detectives, able to read, use, and interpret the statements and-most importantly understand how and why managers can utilize the flexibility in GAAP to manipulate the numbers for their own purposes.

Table of Contents

The Economic and Institutional Setting for Financial Reporting

Accural Accounting and Income Determination

Additional Topics in Income Determination

Structure of the Balance Sheet and Statement of Cash Flows

Essentials of Financial Statement Analysis

The Role of Financial Information in Valuation and Credit Risk Assessment

The Role of Financial Information in Contracting

Receivables

Inventories

Long-Lived Assets and Depreciation

Financial Instruments as Liabilities

Financial Reporting for Leases

Income Tax Reporting

Pensions and Postretirement Benefits

Financial Reporting for Owners’ Equity

Intercorporate Equity Investments

Statement of Cash Flows

Overview of International Financial Reporting Differences and Inflation

Present Value Tables

WWW/Electronic Resources for Financial Information

Index****

Table of Contents provided by Publisher. All Rights Reserved.