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Klappentext The authors chose the term 'global' for the book's title to convey the idea that the book is truly global in its coverage. What distinguishes this book from others in financial accounting and corporate financial reporting is the seamless way it approaches the world's two dominant accounting regimes: US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). The tendency in the field is to present the material from a US GAAP perspective, with some discussion, usually at the end of the chapter, on financial reporting practices under IFRS and how they might differ from those of GAAP on the chapter topic. Or, when the book is written from an IFRS perspective, US GAAP is ignored entirely. The problem with this latter approach is that at least 40% of the world's total stock market capitalization is accounted for by companies reporting under US GAAP. Meanwhile, more than half is accounted for by IFRS. Investors in the global capital markets cannot neglect either of these two approaches. The world will have one dominant accounting regime some day, but for the foreseeable future, we are left with two distinctive, though increasingly overlapping, sets of standards. The challenge is to integrate these approaches in such a way that critical differences are addressed, but in a way that is accessible to the reader. Zusammenfassung Corporate Financial Reporting and Analysis: A Global Perspective/3e by David Young and Jacob Cohen is an introductory textbook on financial reporting for MBA students. Inhaltsverzeichnis Chapter 1 - An Introduction to Financial StatementsChapter 2 - The Balance Sheet and Income StatementChapter 3 - A Brief Overview of GAAP and IFRS: The Framework for Financial AccountingChapter 4 - Revenue RecognitionChapter 5 - The Statement of Cash FlowsChapter 6 - Financial Statement AnalysisChapter 7 - Business Valuation and Financial Statement AnalysisChapter 8 - Accounting for Receivables and Bad DebtsChapter 9 - Accounting for InventoryChapter 10 - Accounting for Property, Plant and EquipmentChapter 11 - Leases and Off-Balance-Sheet DeptChapter 12 - Accounting for BondsChapter 13 - Provisions and ContingenciesChapter 14 - Accounting for PensionsChapter 15 - Accounting for Income TaxChapter 16 - Accounting for Shareholders' EquityChapter 17 - Accounting for Marketable Securities and InvestmentsChapter 18 - Accounting for Mergers and AcquistionsAppendix - Tables for Present Value and Future Value Factors...
