Financial reporting & analysis / Lawrence Revsine [et al.].

Includes index.

Chapter 1 The Economic and Institutional Setting for Financial Reporting Chapter 2 Accrual Accounting and Income Determination Chapter 3 Additional Topics in Income Determination Chapter 4 Structure of the Balance Sheet and Statement of Cash Flows Chapter 5 Essentials of Financial Statement Analysis Chapter 6 The Role of Financial Information in Valuation and Credit Risk Assessment Chapter 7 The Role of Financial Information in Contracting Chapter 8 Receivables Chapter 9 Inventories Chapter 10 Long-Lived Assets Chapter 11 Financial Instruments as Liabilities Chapter 12 Financial Reporting for Leases Chapter 13 Income Tax Reporting Chapter 14 Pensions and Postretirement Benefits Chapter 15 Financial Reporting for Owners' Equity Chapter 16 Intercorporate Equity Investments Chapter 17 Statement of Cash Flows Appendix Time Value of Money Index

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. Significantly, the new edition emphasizes the differences and similarities between GAAP and IFRS, which is a critical component of this course

eng.