Financial Accounting in an Economic Context, Study Guide

Financial Accounting in an Economic Context, Study Guide

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Grounded in financial statements, Financial Accounting allows accountants to see not only the impact of financial transactions in financial statements, but also the impact of transactions on overall business decisions. The eighth edition offers new elements designed to sharpen Pratta€™s economic decision-making foundation with a more timely, real-world focus. Up-to-date, expanded, and detailed IFRS coverage is now included. The SEC 2014 roadmap is explored in all chapters. Comprehensive coverage of real-world financial crisis issues is presented. Accountants will also find more discussions on the increasing role of managementa€™s assessment of internal controls over financial reporting.REVIEW OF KEY CONCEPTS This chapter reviews the preparation and use of the statement of cash flows. The review of key concepts focuses upon the preparation of the statement. The text offers an excellent discussion on interpretation ofanbsp;...

Title:Financial Accounting in an Economic Context, Study Guide
Author:Jamie Pratt
Publisher:John Wiley & Sons - 2010-12-08


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