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Applied Financial Accounting - Implications for Analysts (Hardcover)
Loot Price: R2,176
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Applied Financial Accounting - Implications for Analysts (Hardcover)
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Applied Financial Accounting: Implications for Analysts presents an
analytical explanation as well as practical examples of Generally
Accepted Accounting Principles (GAAP), written in a clear, lucid
style for readers of all levels. Comprehensive coverage is provided
for all accounting and reporting issues that are critical to the
financial and credit analyst, with the exposition of GAAP made
without the use of mechanical bookkeeping procedures. This is
accomplished through an analysis of the financial accounting issue;
the effects of GAAP on the balance sheet, income statement, and
statement of cash flows; numerical illustrations; alternative
treatments; and the impact of GAAP on financial ratios and
analytical statistics. The book offers a survey of basic financial
statements, related footnote disclosures, and the general concepts
underlying financial statements, as well as analyzes of specific
statement items. The first three chapters discuss the conceptual
foundation of the three basic financial statements, current assets,
and noncurrent assets, and provide an analysis of liabilities and
stockholders' equity. The study then turns to more complex
accounting and reporting problems, including accounting for income
taxes, computing earnings per share, and accounting for
intercorporate investments, business combinations, pensions,
employee options and leases. Professionals in the banking,
investment, and accounting fields will find this work to be an
effective resource, as will professors and students in business,
accounting, and finance courses.
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