Financial Accounting : An Introduction to Concepts, Methods, and Uses

Name: Financial Accounting : An Introduction to Concepts, Methods, and Uses
Availability: OutOfStock
ISBN: 9780030182723

ISBN-10: 0030182727

ISBN-13: 9780030182723

Edition: 8th (Teachers Edition, Instructors Manual, etc.)

Authors: Clyde P. Stickney

List price: $246.00

30 day, 100% satisfaction guarantee!

Out of stock

We're sorry. This item is currently unavailable.

what's this?

Rush Rewards U
Members Receive:

You have reached 400 XP and carrot coins. That is the daily max!

Description:

This widely respected financial accounting text captures the predominant market share among graduate, MBA, and better undergraduate programs. It focuses on presenting, with great clarity, both the basic concepts underlying financial statements and the terminology and methods that allow students to interpret, analyze, and evaluate actual corporate financial statements.

Book details

List price: $246.00
Edition: 8th
Publisher: Harcourt College Publishers
Binding: Transparencies
Language: English

Clyde P. Stickney is the Signal Companies' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.

Preface	p. vii
Overview of Financial Statements	p. 1
Introduction to Business Activities and Overview of Financial Statements and the Reporting Process	p. 2
Overview of Business Activities	p. 4
Principal Financial Statements	p. 8
Problem 1.1 for Self-Study	p. 18
Other Items in Annual Reports	p. 19
Financial Reporting Issues	p. 20
The Financial Reporting Process in the United States	p. 25
An International Perspective	p. 27
Summary	p. 28
Solution to Self-Study Problem	p. 28
Key Terms and Concepts	p. 30
Questions, Exercises, Problems, and Cases	p. 31
Accounting Concepts and Methods	p. 43
Balance Sheet: Presenting the Investments and Financing of a Firm	p. 44
Underlying Concepts	p. 46
Problem 2.1 for Self-Study	p. 53
Problem 2.2 for Self-Study	p. 56
Accounting Procedures for Preparing the Balance Sheet	p. 57
Problem 2.3 for Self-Study	p. 64
An Overview of the Accounting Process	p. 65
Balance Sheet Account Titles	p. 68
Problem 2.4 for Self-Study	p. 71
Analysis of the Balance Sheet	p. 72
An International Perspective	p. 76
Summary	p. 80
Solutions to Self-Study Problems	p. 81
Key Terms and Concepts	p. 85
Questions, Exercises, Problems, and Cases	p. 85
Income Statement: Reporting the Results of Operating Activities	p. 108
The Accounting Period Convention	p. 110
Accounting Methods for Measuring Performance	p. 110
Problem 3.1 for Self-Study	p. 116
Measurement Principles of Accrual Accounting	p. 116
Problem 3.2 for Self-Study	p. 120
Overview of Accounting Procedures	p. 120
Illustration of the Accounting Process for a Merchandising Firm	p. 124
Problem 3.3 for Self-Study	p. 127
Problem 3.4 for Self-Study	p. 135
Problem 3.5 for Self-Study	p. 143
Interpreting and Analyzing the Income Statement	p. 144
Summary	p. 146
Solutions to Self-Study Problems	p. 148
Key Terms and Concepts	p. 151
Questions, Exercises, Problems, and Cases	p. 151
Statement of Cash Flows: Reporting the Effects of Operating, Investing, and Financing Activities on Cash Flows	p. 178
Need for a Statement of Cash Flows	p. 179
Overview of the Statement of Cash Flows	p. 180
Problem 4.1 for Self-Study	p. 184
Preparing the Statement of Cash Flows	p. 185
Problem 4.2 for Self-Study	p. 192
Problem 4.3 for Self-Study	p. 195
Problem 4.4 for Self-Study	p. 204
An International Perspective	p. 209
Problem 4.5 for Self-Study	p. 209
Using Information in the Statement of Cash Flows	p. 210
Summary	p. 213
Problem 4.6 for Self-Study	p. 214
Solutions to Self-Study Problems	p. 215
Key Terms and Concepts	p. 220
Questions, Exercises, Problems, and Cases	p. 220
Introduction to Financial Statement Analysis	p. 246
Objectives of Financial Statement Analysis	p. 248
Analysis of Profitability	p. 250
Problem 5.1 for Self-Study	p. 259
Problem 5.2 for Self-Study	p. 266
Analysis of Risk	p. 268
Problem 5.3 for Self-Study	p. 272
Problem 5.4 for Self-Study	p. 275
Limitations of Ratio Analysis	p. 276
An International Perspective	p. 276
Summary	p. 277
Problem 5.5 for Self-Study	p. 277
Pro Forma Financial Statements and Valuation	p. 279
Solutions to Self-Study Problems	p. 292
Key Terms and Concepts	p. 294
Questions, Exercises, Problems, and Cases	p. 295
Measuring and Reporting Assets and Equities Using Generally Accepted Accounting Principles	p. 313
Receivables and Revenue Recognition	p. 314
Financial Reporting Environment	p. 316
Quality of Earnings	p. 317
Review of Income Recognition Principles	p. 318
Application of Income Recognition Principles	p. 320
Problem 6.1 for Self Study	p. 321
Revenue Recognition at Time of Sale	p. 322
Problem 6.2 for Self-Study	p. 332
Analyzing Information on Accounts Receivable	p. 334
Income Recognition at Times Different from Sale	p. 336
Summary Illustration of Income Recognition Methods	p. 341
Problem 6.3 for Self-Study	p. 343
Format and Classification within the Income Statement	p. 343
An International Perspective	p. 345
Summary	p. 346
Effects on the Statement of Cash Flows of Transactions Involving Accounts Receivable	p. 346
Solutions to Self-Study Problems	p. 347
Key Terms and Concepts	p. 350
Questions, Exercises, Problems, and Cases	p. 350
Inventories: The Source of Operating Profits	p. 364
A Review of Fundamentals	p. 365
Costs Included in Inventory	p. 367
Problem 7.1 for Self-Study	p. 372
Valuation Subsequent to Acquisition	p. 374
Cost Flow Assumptions	p. 376
Problem 7.2 for Self-Study	p. 381
Problem 7.3 for Self-Study	p. 385
Analyzing Inventory Disclosures	p. 385
Problem 7.4 for Self-Study	p. 389
Problem 7.5 for Self-Study	p. 390
An International Perspective	p. 391
Summary	p. 391
Effects on the Statement of Cash Flows of Transactions Involving Inventory	p. 392
Solutions to Self-Study Problems	p. 393
Key Terms and Concepts	p. 397
Questions, Exercises, Problems, and Cases	p. 397
Long-Lived Tangible and Intangible Assets: The Source of Operating Capacity	p. 416
Capitalization versus Immediate Expensing	p. 418
Measurement of Acquisition Cost	p. 422
Problem 8.1 for Self-Study	p. 425
Treatment of Acquisition Cost Over Life of Asset	p. 426
Depreciation and Amortization: Fundamental Concepts	p. 427
Depreciation and Amortization: Measurement	p. 428
Problem 8.2 for Self-Study	p. 434
Impact of New Information about Long-Lived Assets	p. 436
Problem 8.3 for Self-Study	p. 438
Problem 8.4 for Self-Study	p. 440
Problem 8.5 for Self-Study	p. 444
Retirement of Assets	p. 444
Financial Statement Presentation	p. 446
Analyzing Financial Statement Disclosures of Long-Lived Assets	p. 447
Problem 8.6 for Self-Study	p. 451
An International Perspective	p. 451
Summary	p. 452
Effects on the Statement of Cash Flows of Transactions Involving Plant and Intangible Assets	p. 453
Solutions to Self-Study Problems	p. 455
Key Terms and Concepts	p. 458
Questions, Exercises, Problems, and Cases	p. 458
Liabilities: Introduction	p. 474
Basic Concepts of Liabilities	p. 475
Current Liabilities	p. 481
Problem 9.1 for Self-Study	p. 484
Long-Term Liabilities	p. 485
Problem 9.2 for Self-Study	p. 489
Problem 9.3 for Self-Study	p. 491
Problem 9.4 for Self-Study	p. 499
Problem 9.5 for Self-Study	p. 505
Problem 9.6 for Self-Study	p. 509
Summary	p. 509
Effects on the Statement of Cash Flows of Transactions Involving Long-Term Liabilities	p. 510
Solutions to Self-Study Problems	p. 511
Key Terms and Concepts	p. 518
Questions, Exercises, Problems, and Cases	p. 519
Liabilities: Off-Balance-Sheet Financing, Leases, Deferred Income Taxes, Retirement Benefits, and Derivatives	p. 534
Off-Balance-Sheet Financing	p. 535
Problem 10.1 for Self-Study	p. 538
Leases	p. 539
Problem 10.2 for Self-Study	p. 546
Income Tax Accounting and Deferred Income Taxes	p. 547
Problem 10.3 for Self-Study	p. 551
Problem 10.4 for Self-Study	p. 552
Deferred Compensation: Pension Benefits and Other Deferred Compensation	p. 556
Deferred Compensation: Health Care and Other Benefits	p. 558
Derivative Instruments	p. 558
Problem 10.5 for Self-Study	p. 571
An International Perspective	p. 572
Summary	p. 572
Effects on the Statement of Cash Flows of Transactions Involving Liabilities	p. 572
Solutions to Self-Study Problems	p. 574
Key Terms and Concepts	p. 580
Questions, Exercises, Problems, and Cases	p. 581
Marketable Securities and Investments	p. 596
Overview of the Accounting and Reporting of Investments in Securities	p. 597
Minority, Passive Investments	p. 599
Problem 11.1 for Self-Study	p. 601
Problem 11.2 for Self-Study	p. 606
Minority, Active Investments	p. 608
Problem 11.3 for Self-Study	p. 611
Majority, Active Investments	p. 612
Problem 11.4 for Self-Study	p. 619
An International Perspective	p. 621
Summary	p. 621
Preparing Consolidated Financial Statements	p. 623
Problem 11.5 for Self-Study	p. 628
Accounting for Corporate Acquisitions	p. 629
Problem 11.6 for Self-Study	p. 633
Effects on the Statement of Cash Flows of Investments in Securities	p. 634
Solutions to Self-Study Problems	p. 635
Key Terms and Concepts	p. 640
Questions, Exercises, Problems, and Cases	p. 641
Shareholders' Equity: Capital Contributions, Earnings, and Distributions	p. 670
Capital Contributions	p. 673
Issuing Capital Stock	p. 675
Problem 12.1 for Self-Study	p. 683
Reporting Operating Transactions	p. 683
Problem 12.2 for Self-Study	p. 695
An International Perspective	p. 695
Corporate Distributions	p. 696
Problem 12.3 for Self-Study	p. 700
Problem 12.4 for Self-Study	p. 702
Earnings and Book Value per Share	p. 703
Disclosure of Changes in Shareholders' Equity	p. 703
An International Perspective	p. 706
Summary	p. 709
Effects on the Statement of Cash Flows of Transactions Involving Shareholders' Equity	p. 709
Solutions to Self-Study Problems	p. 710
Key Terms and Concepts	p. 713
Questions, Exercises, Problems, and Cases	p. 713
Statement of Cash Flows: Another Look	p. 734
Review of Concepts Underlying the Statement of Cash Flows	p. 735
Review of T-Account Procedure for Preparing the Statement of Cash Flows	p. 736
Comprehensive Illustration of the Statement of Cash Flows	p. 737
Problem 13.1 for Self-Study	p. 754
Interpreting the Statement of Cash Flows	p. 754
Solution to Self-Study Problem	p. 756
Problems and Cases	p. 757
Synthesis	p. 777
Significance and Implications of Alternative Accounting Principles	p. 778
Establishing Acceptable Accounting Principles	p. 779
Review of Generally Accepted Accounting Principles	p. 782
An Illustration of the Effects of Alternative Accounting Principles on a Set of Financial Statements	p. 788
Assessing the Effects of Alternative Accounting Principles on Investment Decisions	p. 792
The Firm's Selection of Alternative Accounting Principles	p. 797
Summary	p. 800
Problem 14.1 for Self-Study	p. 800
Solution to Self-Study Problem	p. 805
Key Terms and Concepts	p. 810
Questions, Exercises, Problems, and Cases	p. 810
Appendix	p. 830
Compound Interest, Annuity, and Bond Tables	p. 857
Glossary	p. 865
Index	p. 953
Table of Contents provided by Syndetics. All Rights Reserved.