Appropriate for courses in intermediate accounting, financial reporting, and financial statement analysis. The CPA exam is changing. You need to change as well...to a book that better prepares your students for the CPA exam and for business. Only Revsine/Collins/Johnson meets the dual objective of teaching your students how to prepare financial reports and then how to analyze the reports.
1. The Economic and Institutional Setting for Financial Reporting. 2. Accrual Accounting and Income Determination. 3. Additional Topics in Income Determination. 4. Structure of Balance Sheet and Statement of Cash Flows. 5. Essentials of Financial Statement Analysis. 6. Role of Financial Information in Valuation. 7. Contracting. 8. Receivables. 9. Inventories. 10. Long-Lived Assets and Depreciation. 11. Liabilities. 12. Leases. 13. Income Tax Reporting. 14. Pensions and Postretirement Benefits. 15. Owners Equity. 16. Inter-corporate Equity Investments. 17. Cash Flow Statement. 18. Overview of International Financial Reporting Differences and Inflation.