Instant download Solution Manual for Financial Accounting Theory and Analysis: Text and Cases, 11th Edition, Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey pdf docx epub after payment.
Product details:
- ISBN-10 : 1118582799
- ISBN-13 : 978-1118582794
- Author: Richard G. Schroeder; Myrtle W. Clark; Jack M. Cathey
Financial Accounting Theory and Analysis: Text and Cases, 11th Edition continues to focus on showing readers how accounting standards directly affect daily decision making on the job. The new edition of this text has been updated and revised to provide students and professionals with the theoretical background they need to keep up with the convergence issues and succeed in today’s increasingly global economy. The 11th Edition incorporates all new standards or exposure drafts from the FASB and IASB released, including an updated revenue recognition section with the FASB’s discussion of the “milestone method” integrated.
Table of Contents
Preface iii
1 THE DEVELOPMENT OF ACCOUNTING THEORY 1
The Early History of Accounting 2
Accounting in the United States since 1930 5
The Role of Ethics in Accounting 21
International Accounting Standards 26
Cases 28 FASB ASC Research 30 Room for Debate 31
2 THE PURSUIT OF THE CONCEPTUAL FRAMEWORK 32
The Early Theorists 32
Early Authoritative and Semi-Authoritative Organizational Attempts to Develop the Conceptual Framework of Accounting 35
The FASBs Conceptual Framework Project 46
Principles-Based versus Rules-Based Accounting Standards 59
International Convergence 64
Cases 75 FASB ASC Research 77 Room for Debate 78
3 INTERNATIONAL ACCOUNTING 79
International Business Accounting Issues 80
The Development of Accounting Systems 80
Preparation of Financial Statements for Foreign Users 83
The International Accounting Standards Committee 83
The IFRS Foundation Constitution 88
The Uses of International Accounting Standards 92
The IASC and the IOSCO 93
The IASB Annual Improvements Project 94
The Use of IASC Standards 95
The IASBFASB Convergence Project 95
The Effects of International versus U.S. GAAP Accounting Standards 100
Standards Overload 103
Framework for the Preparation and Presentation of Financial Statements 104
IAS No. 1 and IFRS No. 1 111
Cases 113 FASB ASC Research 115 Room for Debate 115
4 RESEARCH METHODOLOGY AND THEORIES ON THE USES OF ACCOUNTING INFORMATION 117
Research Methodology 118
The Outcomes of Providing Accounting Information 120
The Relationship among Research, Education, and Practice 142
Cases 143 FASB ASC Research 146 Room for Debate 146
5 INCOME CONCEPTS 148
The Nature of Income 150
Income Recognition 155
Earnings Quality, Earnings Management, and Fraudulent Financial Reporting 169
Cases 177 FASB ASC Research 180 Room for Debate 182
6 FINANCIAL STATEMENT I: THE INCOME STATEMENT 183
The Economic Consequences of Financial Reporting 183
Income Statement Elements 184
Statement Format 185
Proposed Format of the Statement of Comprehensive Income 209
The Value of Corporate Earnings 212
International Accounting Standards 216
Cases 221 FASB ASC Research 226 Room for Debate 227
7 FINANCIAL STATEMENTS II: THE BALANCE SHEET AND THE STATEMENT OF CASH FLOWS 229
The Balance Sheet 230
Fair Value Measurements under SFAS No. 157 242
Proposed Format of the Statement of Financial Position 248
Evaluating a Companys Financial Position 250
The Statement of Cash Flows 254
Financial Analysis of Cash-Flow Information 265
International Accounting Standards 267
Cases 273 FASB ASC Research 277 Room for Debate 278
8 WORKING CAPITAL 279
Development of the Working Capital Concept 279
Current Usage 281
Components of Working Capital 282
Financial Analysis of a Companys Working Capital Position 294
International Accounting Standards 300
Cases 301 FASB ASC Research 305 Room for Debate 306
9 LONG-TERM ASSETS I: PROPERTY, PLANT, AND EQUIPMENT 308
Property, Plant, and Equipment 308
Financial Analysis of Property, Plant, and Equipment 313
International Accounting Standards 324
Cases 330 FASB ASC Research 335 Room for Debate 336
10 LONG-TERM ASSETS II: INVESTMENTS AND INTANGIBLES 338
Investments in Equity Securities 338
Investments in Debt Securities 347
Impairment of Investments in Unsecuritized Debt 350
Transfers of Financial Assets 352
Intangibles 353
Financial Analysis of Investments and Intangibles 363
International Accounting Standards 363
Cases 370 FASB ASC Research 374 Room for Debate 375
11 LONG-TERM LIABILITIES 377
The Definition of Liabilities 378
Recognition and Measurement of Liabilities 379
Debt versus Equity 379
Classification of Long-Term Debt 384
Other Liability Measurement Issues 397
Troubled Debt Restructurings 402
International Accounting Standards 408
Cases 413 FASB ASC Research 418 Room for Debate 419
12 ACCOUNTING FOR INCOME TAXES 421
Historical Perspective 421
The Income Tax Allocation Issue 423
SFAS No. 109 439
Financial Analysis of Income Taxes 445
International Accounting Standards 448
Cases 451 FASB ASC Research 455 Room for Debate 456
13 LEASES 458
Accounting for Leases 459
Financial Analysis of Leases 473
International Accounting Standards 479
Cases 480 FASB ASC Research 485 Room for Debate 486
14 PENSIONS AND OTHER POSTRETIREMENT BENEFITS 487
Historical Perspective 490
Accounting for the Pension Fund 500
The Employee Retirement Income Security Act 501
Other Postretirement Benefi ts 502
SFAS No. 132 504
SFAS No. 158 504
Financial Analysis of Pension and Other Postretirement Benefits 507
International Accounting Standards 507
Cases 510 FASB ASC Research 512 Room for Debate 513
15 EQUITY 515
Theories of Equity 516
Definition of Equity 521
Reporting Equity 525
Financial Analysis of Stockholders Equity 539
International Accounting Standards 540
Cases 542 FASB ASC Research 547 Room for Debate 548
16 ACCOUNTING FOR MULTIPLE ENTITIES 550
Business Combinations 550
Accounting for Business Combinations 551
Business Combinations II 557
Theories of Consolidation 561
Noncontrolling Interest 562
Drawbacks of Consolidation 565
Special-Purpose Entities 566
Variable Interest Entities 567
Segment Reporting 568
Foreign Currency Translation 573
International Accounting Standards 581
Cases 593 FASB ASC Research 596 Room for Debate 597
17 FINANCIAL REPORTING DISCLOSURE REQUIREMENT AND ETHICAL RESPONSIBILITIES 599
Recognition and Measurement Criteria 599
Areas Directly Affected by Existing FASB Standards: Supplementary Information 603
Other Means of Financial Reporting 608
Other Useful Information for Investment, Credit, and Similar Decisions 612
Securities and Exchange Commission 614
Ethical Responsibilities 623
International Accounting Standards 630
Cases 631 FASB ASC Research 636 Room for Debate 637
Index 639
People also search:
Financial Accounting Theory and Analysis: Text and Cases, 11th Edition
Financial Accounting Theory and Analysis: Text and Cases, 11th Edition pdf
Financial Accounting Theory and Analysis: Text and Cases
what is financial accounting theory
|
what is financial analysis in accounting Related products
|
