Understanding Financial Statements, Global Edition

Höfundar: Aileen Ormiston; Lyn M. Fraser (Útgáfa: 12)
Understanding Financial Statements, Global Edition

Kaup valmöguleikar

Understanding Financial Statements provides you with the conceptual background and analytical tools to understand and interpret business financial statements. The text helps boost your confidence in analyzing these documents as well as understanding a firm's historical, current, and prospective financial condition and performance. The 12th Edition continues its superior readability, concise coverage, and accessibility.

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Útgefandi
Pearson International Content
ISBN
9781292726748
Print ISBN
9781292458489
Format
Page Fidelity (PDF)
Útgáfa
12
Höfundar
Aileen Ormiston; Lyn M. Fraser
Tungumál
English
Útgefið
2023-07-06
Prent takmörkun á líftíma
100
Prent takmörkun
2
Afritunar takmörkun
2

Kaflar

  • Title Page
  • Copyright Page
  • Dedication
  • Pearson’s Commitment to Diversity, Equity, and Inclusion
  • Contents
  • Preface to the Twelfth Edition
  • Organization of the Twelfth Edition
  • Uses for the Twelfth Edition
  • Features of the Twelfth Edition
  • Acknowledgments
  • Author Bio
  • Chapter 1. Financial Statements: An Overview
  • Map or Maze
  • Usefulness
  • Volume of Information
  • Global Economy
  • Where to Find a Company’s Financial Statements
  • The Financial Statements
  • Notes to the Financial Statements
  • Auditor’s Report
  • Financial Reporting Reforms
  • Management Discussion and Analysis
  • Pandora (a.k.a. “PR Fluff”)
  • Proxy Statement
  • Missing and Hard-to-Find Information
  • Characteristics, Assumptions, Principles, and Basis of Accounting
  • Complexities and the Quality of Financial Reporting
  • Accounting Choices
  • Timing of Revenue and Expense Recognition
  • Discretionary Items
  • The Journey Through the Maze Continues
  • Appendix 1A. Sage Inc. 2024 Annual Report
  • Self-Test
  • Study Questions and Problems
  • Case 1.1 Analysis Case
  • Case 1.2 Comprehensive Team Analysis Case
  • Case 1.3 Locating Information in a Form 10-K
  • Case 1.4 CPA Evolution Model Curriculum Case
  • Chapter 2. The Balance Sheet
  • Financial Condition
  • Consolidation
  • Balance Sheet Date
  • Comparative Data
  • Balance Sheet Format
  • Common-Size Balance Sheet
  • Assets
  • Current Assets
  • Cash and Cash Equivalents
  • Marketable Securities
  • Accounts Receivable
  • Inventories
  • Inventory Accounting Methods
  • Prepaid Expenses
  • Property, Plant, and Equipment
  • Straight Line
  • Accelerated
  • Cryptocurrency
  • Goodwill
  • Other Assets
  • Liabilities
  • Current Liabilities
  • Accounts Payable
  • Short-Term Debt
  • Current Maturities of Long-Term Debt
  • Accrued Liabilities
  • Unearned Revenue or Deferred Credits
  • Deferred Federal Income Taxes
  • Long-Term Debt
  • Leases
  • Pensions and Postretirement Benefits
  • Commitments and Contingencies
  • Stockholders’ Equity
  • Common Stock
  • Additional Paid-In Capital
  • Retained Earnings
  • Other Equity Accounts
  • Quality of Financial Reporting—The Balance Sheet
  • Other Balance Sheet Items
  • Self-Test
  • Study Questions and Problems
  • Case 2.1 Analysis Case
  • Case 2.2 Comprehensive Team Analysis Case
  • Case 2.3 CPA Evolution Model Curriculum Case
  • Chapter 3. Income Statement, Comprehensive Income, and Statement of Stockholders’ Equity
  • The Income Statement and Comprehensive Income
  • Common-Size Income Statement
  • Net Sales
  • Cost of Goods Sold
  • Gross Profit
  • Operating Expense
  • Operating Profit
  • Other Income (Expense)
  • Equity Earnings
  • Unusual and Infrequent Items
  • Earnings before Income Taxes/Effective Tax Rate
  • Discontinued Operations
  • Net Earnings
  • Earnings per Common Share
  • Statement of Comprehensive Income
  • The Statement of Stockholders’ Equity
  • Earnings Quality, Cash Flow, and Segmental Accounting
  • Appendix 3A. A Guide to Earnings Quality
  • Self-Test
  • Study Questions and Problems
  • Case 3.1 Analysis Case
  • Case 3.2 Comprehensive Team Analysis Case
  • Case 3.3 CPA Evolution Model Curriculum Case
  • Chapter 4. Statement of Cash Flows
  • Why Cash Flow Is Important: An Example
  • Statement of Cash Flows: Basic Principle
  • Preparing a Statement of Cash Flows
  • Calculating Cash Flow from Operating Activities
  • Indirect Method
  • Cash Flow from Investing Activities
  • Cash Flow from Financing Activities
  • Change in Cash
  • Analyzing the Statement of Cash Flows
  • Cash Flow from Operations
  • Nocash Corporation
  • Sage Inc.: Analysis of the Statement of Cash Flows
  • Sage Inc. Analysis: Cash Flow from Operating Activities
  • Summary Analysis of the Statement of Cash Flows
  • Analysis of Cash Inflows
  • Analysis of Cash Outflows
  • Qualitative Issues Relating to the Statement of Cash Flows
  • Are We There Yet?
  • Appendix 4A. Statement of Cash Flows—Direct Method
  • Self-Test
  • Study Questions and Problems
  • Case 4.1 Analysis Case
  • Case 4.2 Comprehensive Team Analysis Case
  • Case 4.3 CPA Evolution Model Curriculum Case
  • Chapter 5. The Analysis of Financial Statements
  • Objectives of Analysis
  • Sources of Information
  • Proxy Statement
  • Auditor’s Report
  • Management Discussion and Analysis
  • Supplementary Schedules
  • Form 10-K and Form 10-Q
  • Other Sources
  • Tools and Techniques
  • Common-Size Financial Statements
  • Key Financial Ratios
  • Liquidity Ratios: Short-Term Solvency
  • Cash Conversion Cycle or Net Trade Cycle
  • Activity Ratios: Asset Liquidity, Asset Management Efficiency
  • Leverage Ratios: Debt Financing and Coverage
  • Profitability Ratios: Overall Efficiency and Performance
  • Market Ratios
  • Analyzing the Data
  • Background: Economy, Industry, and Firm
  • Short-Term Liquidity
  • Operating Efficiency
  • Capital Structure and Long-Term Solvency
  • Profitability
  • Relating the Ratios—The Du Pont System
  • Projections and Pro Forma Statements
  • Summary of Analysis
  • Financial Statements: A Map
  • Appendix 5A. The Analysis of Segmental Data
  • Self-Test
  • Study Questions and Problems
  • Case 5.1 Analysis Case
  • Case 5.2 Comprehensive Team Analysis Case
  • Case 5.3 CPA Evolution Model Curriculum Case
  • Appendixes
  • Appendix A. Summary of Financial Ratios
  • Appendix B. Solutions to Self-Tests
  • Appendix C. Glossary
  • Index
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X