Financial Accounting Theory and Analysis: Text and Cases

1. THE DEVELOPMENT OF ACCOUNTING THEORY The Early History of Accounting Accounting in the United States since 1930 The Role of Ethics in Accounting International Accounting Standards Cases FASB ASC Research Room for Debate 2. THE PURSUIT OF THE CONCEPTUAL FRAMEWORK The Early Theorists Early Authoritative and Semi-Authoritatve Organizational Attempts to Develop the Conceptual Framework of Accounting The FASB's Conceptual Framework Project Principles-Based versus Rules-Based Accounting Standards International Convergence Cases FASB ASC Research Room for Debate 3. INTERNATIONAL ACCOUNTING International Business Accounting Issues The Development of Accounting Systems Preparation of Financial Statements for Foreign Users The International Accounting Standards Committee Revising the IASB's Constitution The Uses of International Accounting Standards The IASB and the IOSCO The IASB Annual Improvements Project The Use of IASC Standards The IASB-FASB Convergence Project The Impact of International versus U.S. GAAP Accounting Standards Standards Overload Framework for the Preparation and Presentation of Financial Statements IAS No. 1 and IFRS No. 1 Cases FASB ASC Research Room for Debate 4. RESEARCH METHODOLOGY AND THEORIES ON THE USES OF ACCOUNTING INFORMATION Research Methodology The Outcomes of Providing Accounting Information 115 The Relationship among Research, Education, and Practice Cases FASB ASC Research Room for Debate 5. INCOME CONCEPTS The Nature of Income Income Recognition Earnings Quality, Earnings Management, and Fraudulent Financial Reporting Cases FASB ASC Research Room for Debate 6. FINANCIAL STATEMENTS I: THE INCOME STATEMENT The Economic Consequences of Financial Reporting Income Statement Elements Statement Format Proposed Format of the Statement of Comprehensive Income The Value of Corporate Earnings International Accounting Standards Cases FASB ASC Research Room for Debate 7. FINANCIAL STATEMENTS II: THE BALANCE SHEET AND THE STATEMENT OF CASH FLOWS The Balance Sheet Fair Value Measurements under SFAS No. 157 Proposed Format of the Statement of Financial Position Evaluating a Company's Financial Position The Statement of Cash Flows Financial Analysis of Cash-flow Information International Accounting Standards Cases FASB ASC Research Room for Debate 8. WORKING CAPITAL Development of the Working Capital Concept Current Usage Components of Working Capital Financial Analysis of a Company's Working Capital Position International Accounting Standards Cases FASB ASC Research Room for Debate 9. LONG-TERM ASSETS I: PROPERTY, PLANT, AND EQUIPMENT Property, Plant, and Equipment Financial Analysis of Property, Plant, and Equipment International Accounting Standards Cases FASB ASC Research Room for Debate 10. LONG-TERM ASSETS II: INVESTMENTS AND INTANGIBLES Investments in Equity Securities Investments in Debt Securities Impairment of Investments in Unsecuritized Debt Transfers of Financial Assets Intangibles Financial Analysis of Investments and Intangibles International Accounting Standards Cases FASB ASC Research Room for Debate 11. LONG-TERM LIABILITIES The Definition of Liabilities Recognition and Measurement of Liabilities Contents Debt versus Equity Long-Term Debt Classification Other Liability Measurement Issues Troubled Debt Restructurings Financial Analysis of Long-Term Debt International Accounting Standards Cases FASB ASC Research Room for Debate 12. ACCOUNTING FOR INCOME TAXES Historical Perspective The Income Tax Allocation Issue SFAS No. 109 Financial Analysis of Income Taxes International Accounting Standards Cases FASB ASC Research Room for Debate 13. LEASES Accounting for Leases Financial Analysis of Leases International Accounting Standards Cases FASB ASC Research Room for Debate 14. PENSIONS AND OTHER POSTRETIREMENT BENEFITS Historical Perspective Accounting for the Pension Fund The Employee Retirement Income Security Act Other Postretirement Benefits SFAS No. 132 SFAS No. 158 Financial Analysis of Pension and Other Postretirement Benefits International Accounting Standards Cases FASB ASC Research Room for Debate 15. EQUITY Theories of Equity Definition of Equity Reporting Equity Financial Analysis of Stockholders' Equity International Accounting Standards Cases FASB ASC Research Room for Debate 16. ACCOUNTING FOR MULTIPLE ENTITIES Business Combinations Accounting for Business Combinations Business Combinations II Theories of Consolidation Noncontrolling Interest Drawbacks of Consolidation Special-Purpose Entities Segment Reporting Foreign Currency Translation International Accounting Standards Cases FASB ASC Research Room for Debate 17. FINANCIAL REPORTING DISCLOSURE REQUIREMENTS AND ETHICAL RESPONSIBILITIES Recognition and Measurement Criteria Areas Directly Affected by Existing FASB Standards-- Supplementary Information Other Means of Financial Reporting Other Useful Information for Investment, Credit, and Similar Decisions Securities and Exchange Commission Ethical Responsibilities International Accounting Standards Cases FASB ASC Research Room for Debate Index