Appropriate for Financial Accounting Theory courses at both the senior undergraduate and professional master's levels.
Written in a friendly style with clear explanations, Financial Accounting Theory provides a thorough presentation of financial accounting theories. This new edition continues to include coverage of accounting standards oriented to IASB standards as well as major U.S. accounting standards.
Table of Contents
1 Introduction [Note: Chapter 1 index revisions not track changed]
2 Accounting Under Ideal Conditions
3 The Decision Usefulness Approach to Financial Reporting
4 Efficient Securities Markets
5 The Information Approach to Decision Usefulness
6 The Measurement Approach to Decision Usefulness
7 Measurement Applications [Note: Chapter 7 not track changed]
8 Economic Consequences and Positive Accounting Theory
9 An Analysis of Conflict
10 Executive Compensation
11 Earnings Management
12 Standard Setting: Economic Issues [Note: Chapter 12 not track-changed]
13 Standard Setting: Political Issues