Crash Course in Accounting and Financial Statement Analysis E-Book

Matan Feldman

• Herausgeber: John Wiley & Sons
• Kategorie: Fachliteratur
• Sprache: Englisch

Seitenzahl: 203

Veröffentlichungsjahr: 2011

Beschreibung

Seamlessly bridging academic accounting with real-life applications, Crash Course in Accounting and Financial Statement Analysis, Second Edition is the perfect guide to a complete understanding of accounting and financial statement analysis for those with no prior accounting background and those who seek a refresher.

Leseprobe

Table of Contents

Cover

Title

Copyright

About the Authors

Preface

CHAPTER 1: Introduction to Accounting

What Is Accounting?

Why Is Accounting Important?

Who Uses Accounting?

U.S. Accounting Regulations

Overview of the Securities and Exchange Commission

Overview of the Financial Accounting Standards Board

International Accounting Regulations

Convergence of U.S. GAAP and IFRS

Summary

CHAPTER 2: Basic Accounting Principles

Assumptions

Wrap-up: Assumptions

Principles

Wrap-up: Principles

Constraints

Summary

CHAPTER 3: Financial Reporting

Financial Reporting Overview

Finding Financial Reports

Form 10-K (Annual Filing)

Form 10-Q (Quarterly Filing)

Other Important Filings

Summary

CHAPTER 4: Reading the Annual Report

Introduction

Letter to Stockholders

Financial Highlights

Management’s Discussion and Analysis

Financial Statements

Notes to Consolidated Statements

Report of Management’s Responsibilities

Certification of Financial Statements

Risk Factors

Legal Proceedings

Report of Independent Auditors

Directors and Officers

Summary

CHAPTER 5: Income Statement

What Is the Income Statement?

Why Is It Important?

Revenues

Cost of Goods Sold

Gross Profit

Selling, General and Administrative

Research and Development

Stock Options Expense

Depreciation Expense

Amortization

Interest Expense

Interest Income

Other Nonoperating Income

Income Tax Expense

Equity Income in Affiliates

Minority Interest

Net Income

Shares Outstanding

Common Dividends

Preferred Dividends

Earnings per Share

Nonrecurring Items

Earnings before Interest, Taxes, Depreciation, and Amortization

EBIT

Summary

CHAPTER 6: Balance Sheet

Introduction

Double-Entry Accounting

Income Statement Revisited: Links to Balance Sheet

Retained Earnings: The Link Between Balance Sheet and Income Statement

Order of Liquidity

Assets

Summary: Assets

Liabilities

Shareholders’ Equity

Summary

CHAPTER 7: Cash Flow Statement

Introduction

Cash Flow from Operations

Summary: Cash Flow from Operations

Cash Flow from Investing Activities

Cash Flow from Financing Activities

How the Cash Flow Is Linked to the Balance Sheet

Summary

Online Exercise

CHAPTER 8: Financial Ratio Analysis

Introduction

Liquidity Ratios

Profitability Ratios

Activity Ratios

Coverage Ratios

Calculations

Appendix

Stock Options

Stock Options Expensing

Debt

Capital versus Operating Leases

Direct Method

Index

End User License Agreement

List of Illustrations

Chapter 1: Introduction to Accounting

EXHIBIT 1.1 WHO USES ACCOUNTING?

EXHIBIT 1.2 SEC ORGANIZATIONAL STRUCTURE

EXHIBIT 1.3 FASB RECEIVES INPUT FROM A VARIETY OF SOURCES

Chapter 2: Basic Accounting Principles

EXHIBIT 2.1 ASSUMPTIONS, PRINCIPLES, AND CONSTRAINTS GOVERNING U.S. GAAP

EXHIBIT 2.2 FINANCIAL STATEMENTS OF U.S. COMPANIES ARE REPORTED IN U.S. DOLLARS

EXHIBIT 2.3 SUMMARY OF ASSUMPTIONS, PRINCIPLES, AND CONSTRAINTS GOVERNING U.S. GAAP

Chapter 3: Financial Reporting

EXHIBIT 3.1 SUMMARY OF OTHER FINANCIAL REPORTS

Chapter 4: Reading the Annual Report

EXHIBIT 4.1 LETTER TO STOCKHOLDERS SUMMARIZES A COMPANY’S MAJOR ACHIEVEMENTS