Financial Statements

Through a mixture of concepts and examples, this book demystifies the variety of elements of financial accounting and uncovers the need-to-know information for certification in this field. This book covers the two aspects of financial statement analysis, namely quantitative and non-quantitative analysis. Concluding with helpful case studies, the book will appeal to students and academics of financial accounting.

Part 1. Overview of Financial Statements and the Statement of Position. - Chapter 1. Overview of Financial Statements. - Chapter 2. Cash and Cash Equivalents. - Chapter 3. Short-Term Assets: Inventories. - Chapter 4. Account Receivables. - Chapter 5. Pre-Paid Expenses, Unearned Income and Other Current Assets. - Chapter 6. Short-Term Liabilities and Working Capital. - Chapter 7. Long-Term Assets: Plant, Property and Equipment. - Chapter 8. Long Term Assets: Intangibles. - Chapter 9. Long-Term Liabilities: Leases. - Chapter 10. Long-Term Liabilities: Pension and Post-Retirement Liabilities. - Chapter 11. Shareholders Equity. - Part 2. The Statement of Income. - Chapter 12. Analysis of the Statement of Income. - Chapter 13. Other Comprehensive Income. - Chapter 14. The Sub-Statement of Retained Earnings. - Chapter 15. The Computation of the Taxable Income. - Part 3. The Statement of Cash Flows and Financial Ratios. - Chapter 16. Analysis of the Statements of Cash Flows. - Chapter 17. Financial Ratios Analysis. - Part 4. Pro-Forma Financial Statements. - Chapter 18. Forecasting Financial Statements Analysis. - Part 5. Consolidated Financial Statements. - Chapter 19. Foreign Currency Accounting. - Chapter 20. Consolidated Financial Statements. - Chapter 21. Segment and Intermediary Financial Statements. - Chapter 22. IFRS and GAAP. - Part 6. Case Study. - Chapter 23. Apple and Microsoft Case Study.