Financial Accounting Theory and Analysis: Text and Cases, 12th Edition
Financial Accounting Theory and Analysis: Text and Cases, 12th Edition, provides a comprehensive overview of the theoretical foundations of financial accounting and reporting. This edition continues to bridge the gap between theoretical concepts and their practical application in the business world. By exploring the conceptual framework and the standard-setting process, the text helps readers understand the “why” behind accounting rules and how they impact financial statement analysis.
The content focuses on the history of accounting thought, the development of the Financial Accounting Standards Board (FASB), and the current state of both US GAAP and International Financial Reporting Standards (IFRS). Through a series of detailed cases and real-world examples, the authors encourage critical thinking regarding the economic consequences of accounting choices and the role of professional judgment in financial disclosure. This revised edition ensures that readers are up-to-date with the latest developments in the accounting profession and equipped with the analytical tools necessary for evaluating financial information.
Book Specifications
- Title: Financial Accounting Theory and Analysis: Text and Cases, 12th Edition
- Author: Richard G. Schroeder, Myrtle W. Clark, Jack M. Cathey
- Edition: 12th Edition
- Language: English
- Publisher: Wiley
- Publication Date: January 1, 2016
- ISBN-10: 1119186331
- ISBN-13: 978-1119186335
- Dimensions: 7.9 x 1.3 x 10 inches
