Ideal for graduate, MBA, and higher-level undergraduate programs, FINANCIAL ACCOUNTING: AN INTRODUCTION TO CONCEPTS, METHODS, AND USES presents both the basic concepts underlying financial statements and the terminology and methods that allows the reader to interpret, analyze, and evaluate actual corporate financial statements. Fully integrated with the latest International Financial Reporting Standards, inclusion of the latest developments on Fair Value Accounting, and coverage of the Codification of US GAAP, this text provides the highest return on your financial accounting course investment
Our perspective in this textbook derives from our belief that effective financial
reporting, starting with financial statement preparation and ending
with financial statement analysis and use, requires ruthless objectivity and
extreme expertise. For the financial reporting process to have its intended
effects, preparers of financial statements must make unbiased and informed
measurements—in particular, fair value measurements—and users of financial
statements must comprehend and analyze those measurements with
skill and objectivity.