Financial Reporting and Analysis: Using Financial Accounting Information
This extensively revised eighth edition thoroughly involves students with financial statements by using real-world examples. It builds skills in analyzing real financial reports through statements, exhibits, and cases of actual companies. Emphasis is placed on the analysis and interpretation of the end result of financial reporting--financial statements.
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Introduction to Financial Reporting
Additional InputAmerican Institute of Certified Public Accountants
Using the Internet
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accounting principles Accounts payable accounts receivable accounts receivable turnover acid-test ratio amortization amount annual report average balance sheet bonds capital cash provided common share common stock Company's comprehensive income Compute Corporation cost current assets current liabilities current ratio debt ratio December 31 decrease depreciation disclosure dividends earnings per share employees Ended December 31 entity equipment equity Exhibit fair value Financial Accounting Standards financial reporting financial statements financing activities firm fiscal flows from operating funds GAAP income statement income taxes increase indicates industry Interest expense inventory turnover leases LIFO liquidity loan long-term debt loss marketable securities method million Nike operating activities operating assets Operating cash flow options payments pension period preferred stock Required retained earnings revenue shareholders short-term sold statement of cash Statement of Financial stockholders subsidiaries total assets Total current Total liabilities treasury stock turnover in days