Search Results: 'Financial Accounting'
Financial Accounting Principles
Accountants follow professional guidelines for measurement and disclosure of financial information. These are called generally accepted accounting principles (GAAP). In the United States, the... More > Financial Accounting Standards Board (FASB) formulates GAAP. The International Accounting Standards Board (IASB) sets global or International Financial Reporting Standards (IFRS), the two basic types of external providers of capital include investors (who exchange cash for stock) and creditors (who loan cash) to the entity to be useful, information must have the fundamental qualitative characteristics.< Less
Introduction to Concepts in Financial Accounting
"A. What are generally accepted accounting principles (GAAP) and what bodies provide authoritative support for GAAP?
B. What elements comprise the FASB’s conceptual framework?
Financial Accounting: International Standards
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Students studying Financial Accounting and ACCA Paper F3, are expected to understand how to use the underlying accounting principles/concepts, accounting standards and double-entry techniques in... More > preparing financial statements of entities.
1.This textbook explains the underlying accounting principles and concepts, double-entry accounting techniques, and international accounting standards (IASs) as appropriate.
2.The book covered range of financial accounting topics including areas that are complicated such as error correction, financial statement adjustments, incomplete record etc. in a more user-friendly style and simple English using previous professional examination questions to illustrate each area covered, it is really exam focused approach, with this book you are not far away at all from examination situation and practical reality.< Less
Financial Accounting Tax Asset
"1. Determine the total deferred tax asset and deferred tax liability amounts at December 31, 2009.
2. Determine the increase (decrease) in the deferred tax asset and deferred tax liability... More > accounts at December 31, 2009.
3. Determine the income tax payable currently for the year ended December 31, 2009.
4. Prepare the journal entry to record income taxes for 2009.
5. Show how the deferred tax amounts should be classified and reported in the 2009 balance sheet.
Financial Accountancy Demystified
This is a book aimed at creating a very strong foundation in Financial Accountancy so that any book in that subject is not intimidating for a higher order learning of the subject. This is ideal for... More > non commerce students who make the transition to do an MBA to further their career prospects.< Less
What is Financial Accounting and Bookkeeping?
The learning objectives of this eBook are to introduce integral accounting vocabulary, concepts and principles to give a foundation for learning accounting. Using conversational style language, the... More > discussion on the differences in financial and managerial accounting give the reader a clear understanding of what financial accounting is. The book provides step-by-step guidance through the accounting equation: (1) how to use the accounting equation in analyzing business transactions, and (2) using that information to later prepare financial statements and how those financial statements are linked together. The eBook contains a quiz, example exam questions and a glossary of terms.< Less
Financial Consolidation Accounting
Crane Mechanics acquired 75 percent of Downey Enterprises on March 31, 2005, for $3,645,000. Downey’s book value at that date totaled $4,000,000. Appraisal values were greater than book values... More > for identifiable assets in the following amounts: Inventory ($300,000) and Plant and Equipment ($700,000). The purchase differential for Inventory is to be amortized over five months and Plant and Equipment over ten years. For the remainder of 2005 Downey reports $635,000 of income and pays $100,000 in dividends. The following balances exist for Crane at December 31, 2005, and Downey at March 31 and December 31, 2005.< Less
Financial Accounting Net Income
"a. Assuming a constant profit margin, what will Cranberry Corporation's net income be if sales increase by 10%?
b. What is Cranberry Corporation's addition to retained earnings with a 10%... More > increase in sales? Assume the dividend payout ratio and profit margin remains fixed.
c. Assume Cranberry Corporation is operating at full capacity. What will total assets be if sales increase by 10%? Assume costs, current liabilities, and current assets vary directly with sales and that the dividend payout ratio remains unchanged.
New thought in financial accounting
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Applied theory can make a kind of integration of real investment with financial
investment to avoid any future economic crisis and to give credibility
and to make right decisions in the financial... More > positions of institutions and the ability
to prevent economic and financial crises in the future.< Less
50 + Fun Financial Accounting Cases
Inexpensive supplemental problems/cases for introductory undergraduate or graduate financial accounting courses. Cases are indexed in to ten separate categories for easy access.
College or... More > university instructors who want to review book can obtain free electronic copy of book by e-mailing the author at "email@example.com" via a college or university official faculty e-mail account.
College or university instructors who adopt book can also obtain free electronic copy of case solutions by e-mailing the author at "firstname.lastname@example.org" via a college or university official faculty e-mail account.< Less