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The writing genius of Clyde P. Stickney, Roman L. Weil, Katherine Schipper, and Jennifer Francis combine their expertise to provide college and university students with a strong introductory resource in their textbook Financial Accounting: An Introduction to Concepts, Methods and Uses, ISBN 9780324651140. This text presents readers with coverage of the...
The writing genius of Clyde P. Stickney, Roman L. Weil, Katherine Schipper, and Jennifer Francis combine their expertise to provide college and university students with a strong introductory resource in their textbook Financial Accounting: An Introduction to Concepts, Methods and Uses, ISBN 9780324651140. This text presents readers with coverage of the foundational principles underlying financial statements as well as the vocabulary and skills that enable the student to interpret, analyze, and evaluate authentic corporate financial statements. Completely integrated with the most current International Financial Reporting Standards, this book also includes the latest developments on Fair Value Accounting as well as coverage of the Codification of US GAAP. Clyde P. Stickney, Roman L. Weil, Katherine Schipper, and Jennifer Francis utilize the best organizational methods in their book Financial Accounting: An Introduction to Concepts, Methods and Uses dividing contents across four sections and 16 comprehensive chapters. Part I begins this resource with an 'Overview of Financial Statements' with chapters devoted to introducing business activities, financial statements, and the reporting process as well as the basics of bookkeeping and financial statement preparation. Part II focuses on 'Accounting Concepts and Methods' with specific attention given to balance sheets, income statements, statement of cash flows, and financial statement analysis. Part III delves into 'Measuring and Reporting Assets and Equities Using Generally Accepted Accounting Principles.' These chapters focus on concepts such as revenue recognition, receivables, and advances from customers, working capital, long-lived tangible and intangible assets, notes, bonds, and leases, liabilities, marketable securities and derivatives, intercorporate investments in common stock, and shareholders' equity. 'Synthesis' is the topic of choice in the concluding section, part IV. These final chapters present information on statement of cash flows as well as synthesis of financial reporting.
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