Introduction to Financial Accounting, CourseSmart eTextbook, 10th Edition

For Introductory Financial Accounting courses at the MBA level, and for rigorous undergraduate courses. 

 

Introductory Financial Accounting provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage.

 

Marlene A. Plumlee, Ph.D, CPA, Associate Professor of Accounting at the University of Utah, authored Pearson’s International Financial Reporting Standards supplement ISBN 013612304X for our Introduction to Financial Accounting 9th edition by Horngren. 

 

This IFRS Supplement discusses the general context of US Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS) and provides background information about the use of US GAAP and IFRS and ‘players’ that will ultimately affect how and when IFRS will be adopted internationally.  Included also is an overview of the conceptual frameworks that underlie the formation of US GAAP and IFRS.  A comparison of two companies is offered, one that employs US GAAP to prepare its financial report and one the employs IFRS to prepare its financial report.

 

Chapter 1. Accounting: The Language of Business  
Chapter 2. Measuring Income to Assess Performance  
Chapter 3. Recording Transactions  
Chapter 4. Accrual Accounting and Financial Statements  
Chapter 5. Statement of Cash Flows  
Chapter 6. Accounting for Sales  
Chapter 7. Inventories and Cost of Goods Sold  
Chapter 8. Long-Lived Assets and Depreciation  
Chapter 9. Liabilities and Interest  
Chapter 10. Stockholders’ Equity  
Chapter 11. Intercorporate Investments and Consolidations  
Chapter 12. Financial Statement Analysis