Intermediate Accounting + Annual Report + Connect Plus:

ISBN-10: 0077924916
ISBN-13: 9780077924911
Edition: 7th 2011
List price: $313.10
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Description: Financial accounting is undergoing a period of unprecedented change. The FASB and IASB have been working together to issue converged accounting standards that will dramatically change key reporting areas, and more generally have sought to converge  More...

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Book details

List price: $313.10
Edition: 7th
Copyright year: 2011
Publisher: McGraw-Hill College
Binding: Cloth Text 
Size: 8.25" wide x 10.50" long x 2.00" tall
Weight: 6.864
Language: English

Financial accounting is undergoing a period of unprecedented change. The FASB and IASB have been working together to issue converged accounting standards that will dramatically change key reporting areas, and more generally have sought to converge accounting standards over time. In late 2011, the SEC will announce its decision on whether large public companies in the U.S. will be able to choose whether to report under U.S. GAAP or IFRS or if all companies are anticipated to be reporting under IFRS in the near future. So, while there currently is considerable overlap between U.S. GAAP and IFRS, and that overlap is increasing as convergence continues, important differences remain.To help instructors deal with the challenging environment, the Spiceland team is committed to providing current, comprehensive and clear coverage of intermediate accounting. The 7th edition reflects this commitment with the following innovations.

J. David Spiceland received his MBA at Southern Illinois University and his Ph.D. at University of Arkansas. Dr. Spiceland has been recognized for his teaching, and is active in the AAA.

Jim Sepe received his MBA at the University of California—Berkeley and his Ph.D. at the University of Washington. He has received numerous teaching awards at Santa Clara University.

Larry Tomassini is professor of accounting and MIS and director of the undergraduate accounting program at The Ohio State University. He has held several endowed chair positions during his academic career, including the Ernst and Young Distinguished Professor at the University of Illinois and the Peat Marwick Mitchell Centennial Professorship in Accounting at the University of Texas.

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