Financial Accounting—International Financial Reporting Standards is written with the Asian student in mind. Based on the market-leading U.S. title, Financial Accounting, the second edition retains the features that have contributed to the success of the U.S. book. In addition, it incorporates updated examples, case studies, and questions drawn from Asian contexts and practices. Combined with robust end-of-chapter exercises and exciting interactive supplementary materials, this textbook is absolutely relevant and essential for instructors and students in the region.
CHAPTER 1 ACCOUNTING: INFORMATION FOR DECISION MAKING
CHAPTER 2 BASIC FINANCIAL STATEMENTS
CHAPTER 3 THE ACCOUNTING CYCLE: CAPTURING ECONOMIC EVENTS
CHAPTER 4 THE ACCOUNTING CYCLE: ACCRUALS AND DEFERRALS
CHAPTER 5 THE ACCOUNTING CYCLE: REPORTING FINANCIAL RESULTS
COMPREHENSIVE PROBLEM 1: SUSQUEHANNA EQUIPMENT RENTALS
CHAPTER 6 MERCHANDISING ACTIVITIES
CHAPTER 7 FINANCIAL ASSETS
CHAPTER 8 INVENTORIES AND THE COST OF GOODS SOLD
COMPREHENSIVE PROBLEM 2: GUITAR UNIVERSE COMPANY
CHAPTER 9 PROPERTY, PLANT, AND EQUIPMENT, INTANGIBLE ASSETS, AND NATURAL RESOURCES
CHAPTER 10 LIABILITIES
CHAPTER 11 SHAREHOLDERS’ EQUITY: CAPITAL
COMPREHENSIVE PROBLEM 3: MCMINN RETAIL LIMITED
CHAPTER 12 PROFIT AND CHANGES IN RETAINED EARNINGS
CHAPTER 13 STATEMENT OF CASH FLOWS
CHAPTER 14 FINANCIAL STATEMENT ANALYSIS
COMPREHENSIVE PROBLEM 4: ADIDAS AG, HERZOGENAURACH
CHAPTER 15 GLOBAL BUSINESS AND ACCOUNTING
APPENDIX A: ADIDAS AG, HERZOGENAURACH: 2012 CONSOLIDATED GROUP FINANCIAL STATEMENTS (IFRS) AND ADDITIONAL INFORMATION
APPENDIX B: THE TIME VALUE OF MONEY: FUTURE AMOUNTS AND PRESENT VALUES
