Description
Maire Loughran, CPA, is a university professor who teaches both undergraduate and graduate accounting classes. She is the author of Auditing For Dummies as well as the previous edition of Financial Accounting For Dummies. Introduction 1 Part 1: Getting a Financial Accounting Initiation 5 Chapter 1: Seeing the Big Picture of Financial Accounting 7 Chapter 2: Introducing the Big Three Financial Statements 23 Chapter 3: Running the Numbers for Success 37 Chapter 4: Acronym Alert! Setting the Standards for Financial Accounting 55 Part 2: Reviewing Some Accounting Basics 69 Chapter 5: Booking It: The Process Behind Financial Accounting 71 Chapter 6: Focusing on Accounting Methods and Concepts 93 Part 3: Spending Quality Time with the Balance Sheet 103 Chapter 7 Assessing the Balance Sheet’s Asset Section 105 Chapter 8 Digging for Debt in the Liabilities Section 121 Chapter 9: Letting Owners Know Where They Stand: The Equity Section 137 Part 4: Investigating Income and Cash Flow 149 Chapter 10: Searching for Profit or Loss on the Income Statement 151 Chapter 11: Following the Money by Studying Cash Flow 171 Chapter 12: Examining Depreciation Cost Flow Assumptions 187 Chapter 13: Learning about Inventory Cost Flow Assumptions 203 Part 5: Analyzing the Financial Statements 217 Chapter 14: Using Ratios and Other Tools 219 Chapter 15: Got Your Dictionary Ready? Reading Explanatory Notes and Disclosures 235 Chapter 16: Studying the Report to the Shareholders 251 Part 6: Feeling Brave? Tackling More Advanced Financial Accounting Topics 265 Chapter 17: Accounting for Emerging Issues 267 Chapter 18: Accounting for Income Taxes 285 Chapter 19: Accounting for Leases 297 Chapter 20: Reporting Changes in Methods and the Correction of Errors 309 Part 7: The Part of Tens 323 Chapter 21: Ten Financial Accounting Shenanigans 325 Chapter 22: Ten Accounting Career Opportunities 333 Index 341
