Buch, Englisch, 480 Seiten, Format (B × H): 195 mm x 236 mm, Gewicht: 1216 g
ISBN: 978-1-118-47055-8
Verlag: WILEY
The authors chose the term 'global' for the book's title to convey the idea that the book is truly global in its coverage. What distinguishes this book from others in financial accounting and corporate financial reporting is the seamless way it approaches the world's two dominant accounting regimes: US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). The tendency in the field is to present the material from a US GAAP perspective, with some discussion, usually at the end of the chapter, on financial reporting practices under IFRS and how they might differ from those of GAAP on the chapter topic. Or, when the book is written from an IFRS perspective, US GAAP is ignored entirely. The problem with this latter approach is that at least 40% of the world's total stock market capitalization is accounted for by companies reporting under US GAAP. Meanwhile, more than half is accounted for by IFRS. Investors in the global capital markets cannot neglect either of these two approaches. The world will have one dominant accounting regime some day, but for the foreseeable future, we are left with two distinctive, though increasingly overlapping, sets of standards. The challenge is to integrate these approaches in such a way that critical differences are addressed, but in a way that is accessible to the reader.
Autoren/Hrsg.
Fachgebiete
Weitere Infos & Material
Chapter 1 - An Introduction to Financial Statements
Chapter 2 - The Balance Sheet and Income Statement
Chapter 3 - A Brief Overview of GAAP and IFRS: The Framework for Financial Accounting
Chapter 4 - Revenue Recognition
Chapter 5 - The Statement of Cash Flows
Chapter 6 - Financial Statement Analysis
Chapter 7 - Business Valuation and Financial Statement Analysis
Chapter 8 - Accounting for Receivables and Bad Debts
Chapter 9 - Accounting for Inventory
Chapter 10 - Accounting for Property, Plant and Equipment
Chapter 11 - Leases and Off-Balance-Sheet Dept
Chapter 12 - Accounting for Bonds
Chapter 13 - Provisions and Contingencies
Chapter 14 - Accounting for Pensions
Chapter 15 - Accounting for Income Tax
Chapter 16 - Accounting for Shareholders' Equity
Chapter 17 - Accounting for Marketable Securities and Investments
Chapter 18 - Accounting for Mergers and Acquistions
Appendix - Tables for Present Value and Future Value Factors
