Financial reporting & analysis / Lawrence Revsine, Late of Northwestern University, H. Fred Mittelstaedt, Deloitte Foundation, professor of Accountancy, Mendoza College of Business, University of Notre Dame, Leonard C. Soffer, Clinical Professor of Accounting Booth School of Business, University of Chicago, [and two others].

Format:

Book

Author/Creator:

Revsine, Lawrence, author.

Mittelstaedt, H. Fred, 1958- author.

Soffer, Leonard C., author.

Language:

English

Subjects (All):

Financial statements.

Financial statements--Case studies.

Corporations--Accounting.

Corporations.

Genre:

Case studies.

Physical Description:

xxvi, 1121 pages ; 29 cm

Edition:

Seventh edition.

Other Title:

Financial reporting and analysis

Place of Publication:

New York, NY : McGraw-Hill Education, [2018]

Summary:

"One of our objectives in writing this book is to help students become skilled preparers and informed consumers of financial statement information. The financial reporting environment today is particularly challenging. Accountants, auditors, and financial analysts must not only know the reporting practices that apply in the United States (U.S. GAAP), they must also be aware of the practices allowed in other countries under International Financial Reporting Standards (IFRS). Adding to this challenge is the fact that the Financial Accounting Standards Board (FASB) and its global counterpart-the International Accounting Standards Board (IASB)-have issued in the past few years an unprecedented number of proposed new standards intended to improve financial reporting practices worldwide and to achieve convergence of U.S. GAAP and IFRS. These proposed new standards will change in fundamental ways when revenue is recognized, how certain assets and liabilities are measured, and how information is presented in financial statements"-- Provided by publisher.

Contents:

Machine generated contents note: 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.

Notes:

Revised edition of Financial reporting & analysis, [2015].

Includes bibliographical references and index.

ISBN:

9781259722653

1259722651

OCLC:

959266339