Description
Book SynopsisTable of ContentsPart 1: An Overview of Financial Accounting 1
1 Financial Accounting and Its Economic Context 2
2 A Closer Look at the Financial Statements 31
Part 2: Measurement, Mechanics, and Use of Financial Statements 75
3 The Measurement Fundamentals of Financial Accounting 76
4 The Mechanics of Financial Accounting 111
5 Using Financial Statement Information 173
Part 3: Assets: A Closer Look 231
6 The Current Asset Classification, Cash, and Accounts Receivable 232
7 Merchandise Inventory 271
8 Investments in Equity Securities 313
9 Long-Lived Assets 357
Part 4: Liabilities and Shareholders’ Equity: A Closer Look 401
10 Introduction to Liabilities: Economic Consequences, Current Liabilities, and Contingencies 402
11 Long-Term Liabilities: Notes, Bonds, and Leases 444
12 Shareholders’ Equity 492
13 The Complete Income Statement 542
14 The Statement of Cash Flows 578
Appendix A The Time Value of Money 633
Appendix B Predictive Data Analytics and Financial Accounting 661
Appendix C Quality of Earnings Cases: A Comprehensive Review 667
Glossary 698
Index 729
