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Informationen zum Autor Maire Loughran is a certified public accountant who has prepared compilation, review, and audit reports for fifteen years. A member of the American Institute of Certified Public Accountants, she is a full adjunct professor who teaches graduate and undergraduate auditing and accounting classes. Klappentext Learn to: Master the concepts of this challenging course Make sense of topics with real-life examples Score your highest in Intermediate Accounting The painless way to master an Intermediate Accounting course With easy-to-understand explanations and real-world examples, Intermediate Accounting For Dummies takes the confusion out of the topics you'll encounter in this challenging course: Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), financial ratio analysis, equity accounting, investment strategies, financial statement preparation, and more. Financial Accounting 101 -- get acquainted with the role and responsibilities of financial accountants Make a statement -- walk through the proper preparation of the income statement, balance sheet, and statement of cash flow Control your cash -- discover everything you need to know about accounting for current and noncurrent assets I.O.U. -- find the 4-1-1 on debt and equity, short-term claims payable by the company, and accounting for long-term obligations under various debt scenarios Mistakes happen -- find out how to fix mistakes in financial statements, how to account for a change from one accounting method to another, and what to do when an accounting estimate is incorrect Open the book and find: The conceptual framework of financial accounting The elements of financial statements All about the accounting system Lots of examples of worksheets and reports How a business prepares an income statement The ins and outs of cashflow The time value of money Ways to analyze debt and equity Ten common disclosure notes to the financial statements Zusammenfassung The easy way to master an intermediate accounting course Intermediate accounting courses are required for students seeking bachelor's degrees in accounting and often for degrees in finance! business administration! and management. Inhaltsverzeichnis Introduction 1 Part I: Introducing Financial Accounting and Standards 7 Chapter 1: Seeing the Big Picture of Financial Accounting 9 Chapter 2: Walking Through the Conceptual Framework of Financial Accounting 23 Chapter 3: Invaluable Valuation 43 Chapter 4: Reviewing the Accounting System 51 Part II: Preparing and Using Financial Statements 65 Chapter 5: Posting Income Statement Profit and Loss 67 Chapter 6: Reporting Assets and Claims: Keeping Your Balance (Sheet) 83 Chapter 7: Follow the Money! Studying Cash Flow 101 Chapter 8: Time Is Money: Looking at the Time Value of Money 115 Part III: Homing in on Current and Noncurrent Assets 127 Chapter 9: Assessing Cash and Receivables 129 Chapter 10: Inventory Cost Flow Assumptions 145 Chapter 11: Buying and Selling Property, Plant, and Equipment (PP&E) 167 Chapter 12: Recognizing Depreciation, Impairments, and Depletion 183 Chapter 13: Keeping Track of Other Noncurrent Assets 197 Part IV: Analyzing Debt and Equity 207 Chapter 14: Tracking Current Liabilities and Contingencies 209 Chapter 15: Planning for Long-Term Obligations 227 Chapter 16: Letting Owners Know Where They Stand: The Equity Section 241 Part V: Accounting for Advanced Intermediate Issues 257 Chapter 17: Accounting for Income Taxes 259 Chapter 18: Accounting for Leases 277 Chapter 19: Fessing Up: Correcting Errors and Reporting Changes in Met...
