Intermediate Accounting For Dummies
The painless way to master an Intermediate Accounting courseWith easy-to-understand explanations and real-world examples, Intermediate Accounting For Dummies takes the confusion out of the topics you'll encounter in this challenging course: Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), financial ratio analysis, equity accounting, investment strategies, financial statement preparation, and more.Financial Accounting 101 — get acquainted with the role and responsibilities of financial accountantsMake a statement — walk through the proper preparation of the income statement, balance sheet, and statement of cash flowControl your cash — discover everything you need to know about accounting for current and noncurrent assetsI.O.U. — find the 4-1-1 on debt and equity, short-term claims payable by the company, and accounting for long-term obligations under various debt scenariosMistakes happen — find out how to fix mistakes in financial statements, how to account for a change from one accounting method to another, and what to do when an accounting estimate is incorrectOpen the book and find:The conceptual framework of financial accountingThe elements of financial statementsAll about the accounting systemLots of examples of worksheets and reportsHow a business prepares an income statementThe ins and outs of cashflowThe time value of moneyWays to analyze debt and equityTen common disclosure notes to the financial statementsLearn to:Master the concepts of this challenging courseMake sense of topics with real-life examplesScore your highest in Intermediate Accounting