Verfügbarkeit: Intermediate accounting

Intermediate accounting:

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Bibliographische Detailangaben
Hauptverfasser:	Stice, Earl K. (VerfasserIn), Stice, James D. (VerfasserIn), Skousen, K. F. (VerfasserIn)
Format:	Elektronisch Software E-Book
Sprache:	English
Veröffentlicht:	Mason, Ohio Thomson/South-Western 2004
Ausgabe:	15. ed.
Schlagworte:	Rechnungswesen Rechnungslegung Finanzanalyse USA Lehrbuch
Online-Zugang:	Inhaltsverzeichnis
Beschreibung:	Getr. Zählung Ill. 2 CD-ROM's
ISBN:	0324179820

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Datensatz im Suchindex

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adam_text	Brief Contents PART I: Foundations of Financial Accounting 1 Financial Reporting 2 2 A Review of the Accounting Cycle 50 3 The Balance Sheet and Notes to the Financial Statements 100 4 The Income Statement 164 5 The Statement of Cash Flows 234 PART 2: Primary Activities of a Business Section I: Operating Activities 6 Earnings Management 314 7 The Revenue/Receivables/Cash Cycle 354 8 Revenue Recognition 420 9 Inventory and Cost of Goods Sold 480 Section 2: Financing Activities 10 Debt Financing 566 11 Equity Financing 638 Section 3: Investing Activities 12 Investments in Noncurrent Operating Assets—Acquisition 708 13 Investments in Noncurrent Operating Assets—Utilization and Retirement 780 14 Investments in Debt and Equity Securities 848 PART 3: Additional Activities and Common Disclosures of a Business 15 Leases 918 16 Income Taxes 986 17 Employee Compensation—Payroll, Pensions, and Other Compensation Issues 1038 18 Derivatives, Contingencies, Business Segments, and Interim Reports 1106 Part 4: Other Dimensions of Financial Reporting 19 Earnings Per Share 1164 20 Accounting Changes and Error Corrections 1208 21 Analysis of Financial Statements 1260 Appendices A The Walt Disney Company 2001 Annual Report A l B Time Value of Money B l C Index of References to APB and FASB Pronouncements C l D Glossary D l E Check Figures E l Indexes Subject Index 1 1 Index of Real Companies and Internet Sites 1 19 Contents Part 1 Foundations of Financial Accounting 1 FINANCIAL REPORTING 2 Accounting and Financial Reporting 8 Users of Accounting Information 8 Incentives 9 Financial Reporting 9 The Development of Accounting Standards 12 Financial Accounting Standards Board 13 The Standard Setting Process 14 Other Organizations Important to Financial Reporting 17 Securities and Exchange Commission 17 American Institute of Certified Public Accountants 18 American Accounting Association 19 Internal Revenue Service 20 What Is GAAP? 20 International Accounting Issues 21 International Differences in GAAP 21 International Accounting Standards Board 22 A Conceptual Framework of Accounting 22 Nature and Components of the FASB s Conceptual Framework 23 Objectives of Financial Reporting 24 Qualitative Characteristics of Accounting Information 25 Elements of Financial Statements 28 Recognition, Measurement, and Reporting 29 Traditional Assumptions of the Accounting Model 31 Impact of the Conceptual Framework 33 Careers in Financial Accounting 33 Public Accounting 33 Company Accounting 35 User (Analyst, Banker, Consultant) 36 Overview of Intermediate Accounting 36 2 A REVIEW OF THE ACCOUNTING CYCLE 50 Overview of the Accounting Process 53 Recording Phase 53 Reporting Phase 54 Recording Phase 55 Double Entry Accounting 55 Analyzing Business Documents 57 xxi Journalizing Transactions 58 Posting to the Ledger Accounts 58 Reporting Phase 59 Preparing a Trial Balance 59 Preparing Adjusting Entries 61 Preparing Financial Statements 68 Using a Work Sheet 68 Closing the Nominal Accounts 68 Preparing a Post Closing Trial Balance 72 Accrual Versus Cash Basis Accounting 73 Computers and the Accounting Process 73 3 THE BALANCE SHEET AND NOTES TO THE FINANCIAL STATEMENTS 100 Elements of the Balance Sheet 104 Classified Balance Sheets 105 Current Assets 106 Noncurrent Assets 108 Current Liabilities 109 Noncurrent Liabilities 110 Owners Equity 112 Offsets on the Balance Sheet 115 Format of the Balance Sheet 116 Format of Foreign Balance Sheets 116 Balance Sheet Analysis 120 Relationships Between Balance Sheet Amounts 120 Relationships Between Balance Sheet and Income Statement Amounts 123 Notes to the Financial Statements 125 Summary of Significant Accounting Policies 125 Additional Information to Support Summary Totals 126 Information About Items Not Included in Financial Statements 127 Supplementary Information 128 Subsequent Events 128 Limitations of the Balance Sheet 130 4 THE INCOME STATEMENT 164 Income: What It Isn t and What It Is 166 Financial Capital Maintenance Concept of Income Determination 167 Physical Capital Maintenance Concept of Income Determination 167 Why Is a Measure of Income Important? 168 How Is Income Measured? 170 Revenue and Gain Recognition 170 Earlier Recognition 172 Later Recognition 173 Expense and Loss Recognition 174 Form of the Income Statement 175 Components of the Income Statement 178 Income from Continuing Operations 178 Transitory, Irregular, and Extraordinary Items 184 Net Income or Loss 191 Comprehensive Income and the Statement of Stockholders Equity 194 Comprehensive Income 195 The Statement of Stockholders Equity 197 Forecasting Future Performance 197 Forecast of Balance Sheet Accounts 197 Forecast of Income Statement Accounts 199 Concluding Comments 200 5 THE STATEMENT OF CASH FLOWS 234 What Good Is a Cash Flow Statement? 237 Sometimes Earnings Fail 237 Everything Is on One Page 238 It Is Used as a Forecasting Tool 238 Structure of the Cash Flow Statement 239 Three Categories of Cash Flows 239 Noncash Investing and Financing Activities 242 Reporting Cash Flow from Operations 243 Operating Activities: Simple Illustration 245 Preparing a Complete Statement of Cash Flows 249 Preparing a Statement of Cash Flows in the Absence of Detailed Transaction Data 251 A 6 Step Process for Preparing a Statement of Cash Flows 253 An Illustration of the 6 Step Process 254 International Cash Flow Statements 267 International Financial Reporting Standard 7 267 United Kingdom Cash Flow Standard, FRS 1 268 Using Cash Flow Data to Assess Financial Strength 269 Cash Flow Patterns 269 Cash Flow Ratios 270 Forecasted Statement of Cash Flows 273 Conclusion 276 Part 2 Primary Activities of a Business Operating Activities 6 EARNINGS MANAGEMENT 314 Motivation for Earnings Management 319 Meet Internal Targets 319 Meet External Expectations 320 Provide Income Smoothing 321 Provide Window Dressing for an IPO or a Loan 323 Earnings Management Techniques 323 Earnings Management Continuum 324 cxiv Contents Chairman Levitt s Top Five Accounting Hocus Pocus Items 325 Pro Forma Earnings 328 Pros and Cons of Managing Earnings 331 Financial Reporting as a Part of Public Relations 331 Is Earnings Management Ethical? 332 Personal Ethics 334 Elements of Earnings Management Meltdowns 334 Downturn in Business 335 Pressure to Meet Expectations 336 Attempted Accounting Solution 336 Auditor s Calculated Risk 336 Insufficient User Skepticism 337 Regulatory Investigation 338 Massive Loss of Reputation 338 Transparent Financial Reporting: The Best Practice 339 What Is the Cost of Capital? 339 The Role of Accounting Standards 340 The Necessity of Ethical Behavior 340 7 THE REVENUE/RECEIVABLES/CASH CYCLE 354 The Operating Cycle of a Business 357 Accounting for Sales Revenue 360 Discounts 360 Sales Returns and Allowances 361 The Valuation of Accounts Receivable—Accounting for Bad Debts 361 Warranties for Service or Replacement 366 Monitoring Accounts Receivable 367 Average Collection Period 367 Cash Management and Control 369 Composition of Cash 370 Compensating Balances 371 Management and Control of Cash 372 Bank Reconciliations 374 Presentation of Sales and Receivables in the Financial Statements 376 Receivables as a Source of Cash 379 Sale of Receivables without Recourse 379 Sale of Receivables with Recourse 381 Secured Borrowing 381 Notes Receivable 383 Valuation of Notes Receivable 383 Special Valuation Problems 385 Impact of Uncollectible Accounts on the Statement of Cash Flows 388 8 REVENUE RECOGNITION 420 Revenue Recognition 423 Persuasive Evidence of an Arrangement 426 Delivery Has Occurred or Service Has Been Rendered 427 Contents xxv Price Is Fixed or Determinable 430 Collectibility Is Reasonably Assured 434 Income Statement Presentation of Revenue: Gross or Net 434 Revenue Recognition Prior to Delivery of Goods or Performance of Services 435 General Concepts of Percentage of Completion Accounting 436 Necessary Conditions to Use Percentage of Completion Accounting 436 Measuring the Percentage of Completion 437 Accounting for Long Term Construction Type Contracts 438 Using Percentage of Completion Accounting: Cost to Cost Method 440 Using Percentage of Completion Accounting: Other Methods 441 Revision of Estimates 442 Reporting Anticipated Contract Losses 444 Accounting for Long Term Service Contracts: The Proportional Performance Method 446 Revenue Recognition After Delivery of Goods or Performance of Services 448 Installment Sales Method 449 Cost Recovery Method 452 Cash Method 454 9 INVENTORY AND COST OF GOODS SOLD 480 What Is Inventory? 484 Raw Materials 484 Work in Process 485 Finished Goods 485 Inventory Systems 486 Whose Inventory Is It? 488 Goods in Transit 488 Goods on Consignment 489 Conditional Sales, Installment Sales, and Repurchase Agreements 490 What Is Inventory Cost? 490 Items Included in Inventory Cost 490 Discounts as Reductions in Cost 492 Purchase Returns and Allowances 493 Inventory Valuation Methods 493 Specific Identification 494 Average Cost Method 496 First In, First Out Method 496 Last In, First Out Method 496 Comparison of Methods: Cost of Goods Sold and Ending Inventory 497 Complications with a Perpetual Inventory System 498 More About LIFO 500 LIFO Layers 501 LIFO Liquidation 503 LIFO and Income Taxes 505 LIFO Pools and Dollar Value LIFO 507 Overall Comparison of FIFO, LIFO, and Average Cost 507 Income Tax Effects 509 Bookkeeping Costs 509 Impact on Financial Statements 509 Industry Comparison 509 Inventory Accounting Changes 510 xvi Contents Inventory Valuation at Other Than Cost 510 Lower of Cost or Market 511 Assigned Inventory Value: The Case of Returned Inventory 514 Gross Profit Method 516 Effects of Errors in Recording Inventory 518 Using Inventory Information for Financial Analysis 520 Required Disclosures Related to Inventories 523 Purchase Commitments 523 Foreign Currency Inventory Transactions 524 Financing Activities 10 DEBT FINANCING 566 Classification and Measurement Issues Associated with Debt 570 Definition of Liabilities 570 Classification of Liabilities 571 Measurement of Liabilities 572 Accounting for Short Term Debt Obligations 573 Short Term Operating Liabilities 574 Short Term Debt 574 Short Term Obligations Expected to Be Refinanced 574 Lines of Credit 576 Present Value of Long Term Debt 577 Financing with Bonds 579 Accounting for Bonds 579 Nature of Bonds 580 Market Price of Bonds 582 Issuance of Bonds 584 Accounting for Bond Interest 586 Cash Flow Effects of Amortizing Bond Premiums and Discounts 590 Retirement of Bonds at Maturity 591 Extinguishment of Debt Prior to Maturity 592 Off Balance Sheet Financing 598 Leases 598 Unconsolidated Entities 598 Special Purpose Entities (SPEs) 599 foint Ventures 600 Research and Development Arrangements 601 Project Financing Arrangements 601 Reasons for Off Balance Sheet Financing 602 Analyzing a Firm s Debt Position 602 Disclosing Debt in the Financial Statements 604 Accounting for Troubled Debt Restructuring 605 Transfer of Assets in Full Settlement (Asset Swap) 606 Contents xxvii Grant of Equity Interest (Equity Swap) 607 Modification of Debt Terms 608 11 EQUITY FINANCING 638 Nature and Classifications of Paid in Capital 642 Common Stock 643 Par or Stated Value of Stock 644 Preferred Stock 644 Issuance of Capital Stock 647 Capital Stock Issued for Cash 647 Capital Stock Sold on Subscription 648 Capital Stock Issued for Consideration Other Than Cash 650 Issuance of Capital Stock in a Business Combination 651 Stock Repurchases 651 Treasury Stock 652 Stock Rights, Warrants, and Options 656 Stock Rights 656 Stock Warrants 656 Accounting for Stock Based Compensation 658 Stock Conversions 662 Case 1: One Preferred Share for Four Common Shares ( $1 par) 662 Case 2: One Preferred Share for Four Common Shares ( par) 662 Factors Affecting Retained Earnings 663 Net Income and Dividends 663 Prior Period Adjustments 663 Other Changes in Retained Earnings 665 Retained Earnings Restrictions 665 Accounting for Dividends 666 Recognition and Payment of Dividends 666 Cash Dividends 666 Property Dividends 667 Stock Dividends 668 Liquidating Dividends 672 Other Equity Items 672 Equity Items That Bypass the Income Statement and Are Reported as Part of Accumulated Other Comprehensive Income 672 International Accounting: Equity Reserves 675 Disclosures Related to the Equity Section 677 Investing Activities 12 INVESTMENTS IN NONCURRENT OPERATING ASSETS—ACQUISITION 708 What Costs Are Included in Acquisition Cost? 712 Tangible Assets 7/2 Intangible Assets 713 Acquisitions Other Than Simple Cash Transactions 716 Basket Purchase 716 cviii Contents Deferred Payment 717 Leasing 778 Exchange of Nonmonetary Assets 719 Acquisition by Issuing Securities 719 Self Construction 720 Acquisition by Donation or Discovery 724 Acquisition of an Asset with Significant Restoration Costs at Retirement 726 Acquisition of an Entire Company 728 Capitalize or Expense? 728 Postacquisition Expenditures 729 Research and Development Expenditures 731 Computer Software Development Expenditures 731 Oil and Gas Exploration Costs 732 Accounting for the Acquisition of Intangible Assets 734 Internally Generated Intangibles 735 Intangibles Acquired in a Basket Purchase 735 Intangibles Acquired in the Acquisition of a Business 739 Valuation of Assets at Current Values 744 Measuring Property, Plant, and Equipment Efficiency 745 Evaluating the Level of Property, Plant, and Equipment 745 Dangers in Using the Fixed Asset Turnover Ratio 746 13 INVESTMENTS IN NONCURRENT OPERATING ASSETS UTILIZATION AND RETIREMENT 780 Depreciation 783 Factors Affecting the Periodic Depreciation Charge 784 Recording Periodic Depreciation 785 Methods of Depreciation 786 Depreciation and Accretion of an Asset Retirement Obligation 794 Depletion of Natural Resources 794 Changes in Estimates of Cost Allocation Variables 795 Change in Estimated Life 796 Change in Estimated Units of Production 796 Impairment 797 Accounting for Asset Impairment 798 International Accounting for Asset Impairment: IFRS 36 800 Accounting for Upward Asset Revaluations: IFRS 16 800 Amortization and Impairment of Intangible Assets Subject to Amortization 802 Impairment of Intangible Assets Not Subject to Amortization 804 Impairment of Goodwill 805 Asset Retirements 808 Asset Retirement by Sale 808 Asset Classification as Held for Sale 808 Asset Retirement by Exchange for Other Nonmonetary Assets 809 Asset Retirement by Exchange of Similar Assets 810 Depreciation for Partial Periods 814 Income Tax Depreciation 816 Contents xxix 14 INVESTMENTS IN DEBT AND EQUITY SECURITIES 848 Why Companies Invest in Other Companies 851 Safety Cushion 851 Cyclical Cash Needs 851 Investment for a Return 852 Investment for Influence 853 Purchase for Control 853 Classification of Investment Securities 854 Debt Securities 854 Equity Securities 854 Held to Maturity Securities 855 Available for Sale Securities 855 Trading Securities 855 Equity Method Securities 855 Why the Different Categories? 856 Purchase of Securities 857 Purchase of Debt Securities 857 Purchase of Equity Securities 857 Recognition of Revenue from Investment Securities 858 Recognition of Revenue from Debt Securities 858 Recognition of Revenue from Equity Securities 860 Accounting for the Change in Value of Securities 867 Accounting for Temporary Changes in the Value of Securities 867 Accounting for Other Than Temporary Declines in the Value of Securities 87/ Sale of Securities 873 Impact of Sale of Securities on Unrealized Gains and Losses 873 Transferring Securities Between Categories 875 Transferring Debt and Equity Securities between Categories 875 Cash Flows from Gains and Losses on Available for Sale Securities 878 Cash Flows from Gains and Losses on Trading Securities 879 Equity Method Securities and Operating Cash Flow 879 Classification and Disclosure 880 International Accounting for Investment Securities 883 Accounting for the Impairment of a Loan 884 Measurement of Impairment 885 Example of Accounting for Loan Impairment 885 Part 3 Additional Activities and Common Disclosures of a Business 15 LEASES 918 Economic Advantages of Leasing 920 Simple Example 922 x Contents Nature of Leases 923 Cancellation Provisions 924 Bargain Purchase Option 924 Lease Term 924 Residual Value 924 Minimum Lease Payments 925 Lease Classification Criteria 926 General Classification Criteria—Lessee and Lessor 926 Revenue Recognition Criteria—Lessor 928 Application of General Lease Classification Criteria 928 Accounting for Leases—Lessee 929 Accounting for Operating Leases—Lessee 929 Accounting for Capital Leases—Lessee 930 Treatment of Leases on Lessee s Statement of Cash Plows 935 Accounting for Leases—Lessor 938 Accounting for Operating Leases—Lessor 938 Accounting for Direct Financing Leases 939 Accounting for Sales Type Leases—Lessor 942 Sale of Asset during Lease Term 945 Treatment of Leases on Lessor s Statement of Cash Flows 945 Disclosure Requirements for Leases 948 International Accounting of Leases 952 Sale Leaseback Transactions 953 16 INCOME TAXES 986 Deferred Income Taxes: An Overview 988 Example 1. Simple Deferred Income Tax Liability 989 Example 2. Simple Deferred Tax Asset 990 Permanent and Temporary Differences 991 Illustration of Permanent and Temporary Differences 993 Annual Computation of Deferred Tax Liabilities and Assets 994 Example 3 Deferred Tax Liability 995 Example 4. Deferred Tax Asset 997 Example 5. Deferred Tax Liabilities and Assets 998 Valuation Allowance for Deferred Tax Assets 1002 Carryback and Carryforward of Operating Losses 1003 Net Operating Loss (NOL) Carryback 1003 Net Operating Loss (NOL) Carryforward 1004 Scheduling for Enacted Future Tax Rates 1006 Financial Statement Presentation and Disclosure 1007 Deferred Taxes and the Statement of Cash Flows 1010 International Accounting for Deferred Taxes 1012 No Deferral Approach 1012 Comprehensive Recognition Approach 1012 Partial Recognition Approach 1013 Contents xxxi 17 EMPLOYEE COMPENSATION—PAYROLL, PENSIONS, AND OTHER COMPENSATION ISSUES 1038 Routine Employee Compensation Issues 1040 Payroll and Payroll Taxes 1040 Compensated Absences 1043 Nonroutine Employee Compensation Issues 1044 Stock Based Compensation and Bonuses 1045 Postemployment Benefits 1045 Accounting for Pensions 1046 Nature and Characteristics of Employer Pension Plans 1047 Issues in Accounting for Defined Benefit Plans 1050 Simple Illustration of Pension Accounting 1051 Comprehensive Pension Illustration 1057 Thornton Electronics—2005 1058 Thornton Electronics—2006 1062 Thornton Electronics—2007 1065 Deferred Pension Cost 1069 Disclosure of Pension Plans 1071 Pension Settlements and Curtailments 1074 International Pension Accounting Standards 1075 IFRS 19: Old and New 1076 New Proposal from the United Kingdom 1076 Postretirement Benefits Other Than Pensions 1077 Nature of Postretirement Health Care Plans /077 Overview of FASB Statement No. 106 1080 18 DERIVATIVES, CONTINGENCIES, BUSINESS SEGMENTS, AND INTERIM REPORTS 1106 Derivatives 1108 Simple Example of a Derivative 1108 Types of Risk 1111 Price Risk Credit Risk 1111 Interest Rate Risk 1111 Exchange Rate Risk 1111 Types of Derivatives 1112 Swap 1112 Forwards 1113 Futures 1114 Option U15 Types of Hedging Activities 1116 Accounting for Derivatives and for Hedging Activities 1117 Overview of Accounting for Derivatives and Hedging Activities 1118 Illustrations of Accounting for Derivatives and Hedging Activities 1119 Summary 1124 Contingencies 1124 :xii Contents Accounting for Contingencies: Probable, Possible, and Remote 1125 Accounting for Lawsuits 1128 Accounting for Environmental Liabilities 1129 Segment Reporting 1131 Business Segments 1132 Interim Reporting 1135 Interim Reports 1136 Part 4 Other Dimensions of Financial Reporting 19 EARNINGS PER SHARE 1164 Simple and Complex Capital Structures 1168 Basic Earnings Per Share 1170 Issuance or Reacquisition of Common Stock 7/70 Stock Dividends and Stock Splits 1171 Preferred Stock Included in Capital Structure 1172 Diluted Earnings Per Share—Options, Warrants, and Rights 1174 Stock Options, Warrants, and Rights 1175 Illustration of Diluted Earnings per Share with Stock Options 1176 Diluted Earnings Per Share—Convertible Securities 1177 Illustration of Diluted Earnings per Share with Convertible Securities 7/77 Computation of Diluted Earnings per Share for Securities Issued during the Year 1178 Shortcut Test for Antidilution 7779 Effect of Actual Exercise or Conversion 1180 Effect of a Loss From Continuing Operations on Earnings per Share 7/SO Multiple Potentially Dilutive Securities 1181 Financial Statement Presentation 1183 Comprehensive Illustration Using Multiple Potentially Dilutive Securities 1185 20 ACCOUNTING CHANGES AND ERROR CORRECTIONS 1208 Accounting Changes 1210 Change in Accounting Estimate 7272 Change in Accounting Principle 7273 Pro Forma Disclosures after a Business Combination 7220 Error Corrections 1222 Types of Errors 7222 Illustrative Example of Error Correction 7223 Required Disclosure for Prior Period Adjustments 1229 Summary of Accounting Changes and Error Corrections 1231 Accounting Changes and Error Corrections under IFRS 8 1231 Change in Accounting Estimate 7232 Contents xxxiii Change in Accounting Principle 1232 Error Corrections 1232 21 ANALYSIS OF FINANCIAL STATEMENTS 1260 Framework for Financial Statement Analysis 1262 Common Size Financial Statements 1263 DuPont Framework 1266 Other Common Ratios 1273 Impact of Alternative Accounting Methods 1276 Foreign Reporting to U.S. Investors 1280 Meeting the Needs of International Investors 1282 Capitalization of Interest 1287 Capitalization of Software Costs 1287 Provisions for Pensions and Similar Liabilities 1288 Foreign Currency Items, Financial Derivatives, and Valuation of Securities 1288 Companies Accounted for under the Equity Method 1289 Deferred Taxes 1289 Minority Interest 1290 Summary 1290 Foreign Currency Financial Statements 1290 Translation 1291 Expanded Illustration of Statement of Cash Flows 1292 Appendices A THE WALT DISNEY COMPANY 2001 ANNUAL REPORT A l B TIME VALUE OF MONEY B l C INDEX OF REFERENCES TO APB AND FASB PRONOUNCEMENTS C l D GLOSSARY D l E CHECK FIGURES E l Indexes SUBJECT INDEX 1 1 INDEX OF REAL COMPANIES AND INTERNET SITES 1 19
adam_txt	Brief Contents PART I: Foundations of Financial Accounting 1 Financial Reporting 2 2 A Review of the Accounting Cycle 50 3 The Balance Sheet and Notes to the Financial Statements 100 4 The Income Statement 164 5 The Statement of Cash Flows 234 PART 2: Primary Activities of a Business Section I: Operating Activities 6 Earnings Management 314 7 The Revenue/Receivables/Cash Cycle 354 8 Revenue Recognition 420 9 Inventory and Cost of Goods Sold 480 Section 2: Financing Activities 10 Debt Financing 566 11 Equity Financing 638 Section 3: Investing Activities 12 Investments in Noncurrent Operating Assets—Acquisition 708 13 Investments in Noncurrent Operating Assets—Utilization and Retirement 780 14 Investments in Debt and Equity Securities 848 PART 3: Additional Activities and Common Disclosures of a Business 15 Leases 918 16 Income Taxes 986 17 Employee Compensation—Payroll, Pensions, and Other Compensation Issues 1038 18 Derivatives, Contingencies, Business Segments, and Interim Reports 1106 Part 4: Other Dimensions of Financial Reporting 19 Earnings Per Share 1164 20 Accounting Changes and Error Corrections 1208 21 Analysis of Financial Statements 1260 Appendices A The Walt Disney Company 2001 Annual Report A l B Time Value of Money B l C Index of References to APB and FASB Pronouncements C l D Glossary D l E Check Figures E l Indexes Subject Index 1 1 Index of Real Companies and Internet Sites 1 19 Contents Part 1 Foundations of Financial Accounting 1 FINANCIAL REPORTING 2 Accounting and Financial Reporting 8 Users of Accounting Information 8 Incentives 9 Financial Reporting 9 The Development of Accounting Standards 12 Financial Accounting Standards Board 13 The Standard Setting Process 14 Other Organizations Important to Financial Reporting 17 Securities and Exchange Commission 17 American Institute of Certified Public Accountants 18 American Accounting Association 19 Internal Revenue Service 20 What Is GAAP? 20 International Accounting Issues 21 International Differences in GAAP 21 International Accounting Standards Board 22 A Conceptual Framework of Accounting 22 Nature and Components of the FASB's Conceptual Framework 23 Objectives of Financial Reporting 24 Qualitative Characteristics of Accounting Information 25 Elements of Financial Statements 28 Recognition, Measurement, and Reporting 29 Traditional Assumptions of the Accounting Model 31 Impact of the Conceptual Framework 33 Careers in Financial Accounting 33 Public Accounting 33 Company Accounting 35 User (Analyst, Banker, Consultant) 36 Overview of Intermediate Accounting 36 2 A REVIEW OF THE ACCOUNTING CYCLE 50 Overview of the Accounting Process 53 Recording Phase 53 Reporting Phase 54 Recording Phase 55 Double Entry Accounting 55 Analyzing Business Documents 57 xxi Journalizing Transactions 58 Posting to the Ledger Accounts 58 Reporting Phase 59 Preparing a Trial Balance 59 Preparing Adjusting Entries 61 Preparing Financial Statements 68 Using a Work Sheet 68 Closing the Nominal Accounts 68 Preparing a Post Closing Trial Balance 72 Accrual Versus Cash Basis Accounting 73 Computers and the Accounting Process 73 3 THE BALANCE SHEET AND NOTES TO THE FINANCIAL STATEMENTS 100 Elements of the Balance Sheet 104 Classified Balance Sheets 105 Current Assets 106 Noncurrent Assets 108 Current Liabilities 109 Noncurrent Liabilities 110 Owners' Equity 112 Offsets on the Balance Sheet 115 Format of the Balance Sheet 116 Format of Foreign Balance Sheets 116 Balance Sheet Analysis 120 Relationships Between Balance Sheet Amounts 120 Relationships Between Balance Sheet and Income Statement Amounts 123 Notes to the Financial Statements 125 Summary of Significant Accounting Policies 125 Additional Information to Support Summary Totals 126 Information About Items Not Included in Financial Statements 127 Supplementary Information 128 Subsequent Events 128 Limitations of the Balance Sheet 130 4 THE INCOME STATEMENT 164 Income: What It Isn't and What It Is 166 Financial Capital Maintenance Concept of Income Determination 167 Physical Capital Maintenance Concept of Income Determination 167 Why Is a Measure of Income Important? 168 How Is Income Measured? 170 Revenue and Gain Recognition 170 Earlier Recognition 172 Later Recognition 173 Expense and Loss Recognition 174 Form of the Income Statement 175 Components of the Income Statement 178 Income from Continuing Operations 178 Transitory, Irregular, and Extraordinary Items 184 Net Income or Loss 191 Comprehensive Income and the Statement of Stockholders' Equity 194 Comprehensive Income 195 The Statement of Stockholders' Equity 197 Forecasting Future Performance 197 Forecast of Balance Sheet Accounts 197 Forecast of Income Statement Accounts 199 Concluding Comments 200 5 THE STATEMENT OF CASH FLOWS 234 What Good Is a Cash Flow Statement? 237 Sometimes Earnings Fail 237 Everything Is on One Page 238 It Is Used as a Forecasting Tool 238 Structure of the Cash Flow Statement 239 Three Categories of Cash Flows 239 Noncash Investing and Financing Activities 242 Reporting Cash Flow from Operations 243 Operating Activities: Simple Illustration 245 Preparing a Complete Statement of Cash Flows 249 Preparing a Statement of Cash Flows in the Absence of Detailed Transaction Data 251 A 6 Step Process for Preparing a Statement of Cash Flows 253 An Illustration of the 6 Step Process 254 International Cash Flow Statements 267 International Financial Reporting Standard 7 267 United Kingdom Cash Flow Standard, FRS 1 268 Using Cash Flow Data to Assess Financial Strength 269 Cash Flow Patterns 269 Cash Flow Ratios 270 Forecasted Statement of Cash Flows 273 Conclusion 276 Part 2 Primary Activities of a Business Operating Activities 6 EARNINGS MANAGEMENT 314 Motivation for Earnings Management 319 Meet Internal Targets 319 Meet External Expectations 320 Provide Income Smoothing 321 Provide Window Dressing for an IPO or a Loan 323 Earnings Management Techniques 323 Earnings Management Continuum 324 cxiv Contents Chairman Levitt's Top Five Accounting Hocus Pocus Items 325 Pro Forma Earnings 328 Pros and Cons of Managing Earnings 331 Financial Reporting as a Part of Public Relations 331 Is Earnings Management Ethical? 332 Personal Ethics 334 Elements of Earnings Management Meltdowns 334 Downturn in Business 335 Pressure to Meet Expectations 336 Attempted Accounting Solution 336 Auditor's Calculated Risk 336 Insufficient User Skepticism 337 Regulatory Investigation 338 Massive Loss of Reputation 338 Transparent Financial Reporting: The Best Practice 339 What Is the Cost of Capital? 339 The Role of Accounting Standards 340 The Necessity of Ethical Behavior 340 7 THE REVENUE/RECEIVABLES/CASH CYCLE 354 The Operating Cycle of a Business 357 Accounting for Sales Revenue 360 Discounts 360 Sales Returns and Allowances 361 The Valuation of Accounts Receivable—Accounting for Bad Debts 361 Warranties for Service or Replacement 366 Monitoring Accounts Receivable 367 Average Collection Period 367 Cash Management and Control 369 Composition of Cash 370 Compensating Balances 371 Management and Control of Cash 372 Bank Reconciliations 374 Presentation of Sales and Receivables in the Financial Statements 376 Receivables as a Source of Cash 379 Sale of Receivables without Recourse 379 Sale of Receivables with Recourse 381 Secured Borrowing 381 Notes Receivable 383 Valuation of Notes Receivable 383 Special Valuation Problems 385 Impact of Uncollectible Accounts on the Statement of Cash Flows 388 8 REVENUE RECOGNITION 420 Revenue Recognition 423 Persuasive Evidence of an Arrangement 426 Delivery Has Occurred or Service Has Been Rendered 427 Contents xxv Price Is Fixed or Determinable 430 Collectibility Is Reasonably Assured 434 Income Statement Presentation of Revenue: Gross or Net 434 Revenue Recognition Prior to Delivery of Goods or Performance of Services 435 General Concepts of Percentage of Completion Accounting 436 Necessary Conditions to Use Percentage of Completion Accounting 436 Measuring the Percentage of Completion 437 Accounting for Long Term Construction Type Contracts 438 Using Percentage of Completion Accounting: Cost to Cost Method 440 Using Percentage of Completion Accounting: Other Methods 441 Revision of Estimates 442 Reporting Anticipated Contract Losses 444 Accounting for Long Term Service Contracts: The Proportional Performance Method 446 Revenue Recognition After Delivery of Goods or Performance of Services 448 Installment Sales Method 449 Cost Recovery Method 452 Cash Method 454 9 INVENTORY AND COST OF GOODS SOLD 480 What Is Inventory? 484 Raw Materials 484 Work in Process 485 Finished Goods 485 Inventory Systems 486 Whose Inventory Is It? 488 Goods in Transit 488 Goods on Consignment 489 Conditional Sales, Installment Sales, and Repurchase Agreements 490 What Is Inventory Cost? 490 Items Included in Inventory Cost 490 Discounts as Reductions in Cost 492 Purchase Returns and Allowances 493 Inventory Valuation Methods 493 Specific Identification 494 Average Cost Method 496 First In, First Out Method 496 Last In, First Out Method 496 Comparison of Methods: Cost of Goods Sold and Ending Inventory 497 Complications with a Perpetual Inventory System 498 More About LIFO 500 LIFO Layers 501 LIFO Liquidation 503 LIFO and Income Taxes 505 LIFO Pools and Dollar Value LIFO 507 Overall Comparison of FIFO, LIFO, and Average Cost 507 Income Tax Effects 509 Bookkeeping Costs 509 Impact on Financial Statements 509 Industry Comparison 509 Inventory Accounting Changes 510 xvi Contents Inventory Valuation at Other Than Cost 510 Lower of Cost or Market 511 Assigned Inventory Value: The Case of Returned Inventory 514 Gross Profit Method 516 Effects of Errors in Recording Inventory 518 Using Inventory Information for Financial Analysis 520 Required Disclosures Related to Inventories 523 Purchase Commitments 523 Foreign Currency Inventory Transactions 524 Financing Activities 10 DEBT FINANCING 566 Classification and Measurement Issues Associated with Debt 570 Definition of Liabilities 570 Classification of Liabilities 571 Measurement of Liabilities 572 Accounting for Short Term Debt Obligations 573 Short Term Operating Liabilities 574 Short Term Debt 574 Short Term Obligations Expected to Be Refinanced 574 Lines of Credit 576 Present Value of Long Term Debt 577 Financing with Bonds 579 Accounting for Bonds 579 Nature of Bonds 580 Market Price of Bonds 582 Issuance of Bonds 584 Accounting for Bond Interest 586 Cash Flow Effects of Amortizing Bond Premiums and Discounts 590 Retirement of Bonds at Maturity 591 Extinguishment of Debt Prior to Maturity 592 Off Balance Sheet Financing 598 Leases 598 Unconsolidated Entities 598 Special Purpose Entities (SPEs) 599 foint Ventures 600 Research and Development Arrangements 601 Project Financing Arrangements 601 Reasons for Off Balance Sheet Financing 602 Analyzing a Firm's Debt Position 602 Disclosing Debt in the Financial Statements 604 Accounting for Troubled Debt Restructuring 605 Transfer of Assets in Full Settlement (Asset Swap) 606 Contents xxvii Grant of Equity Interest (Equity Swap) 607 Modification of Debt Terms 608 11 EQUITY FINANCING 638 Nature and Classifications of Paid in Capital 642 Common Stock 643 Par or Stated Value of Stock 644 Preferred Stock 644 Issuance of Capital Stock 647 Capital Stock Issued for Cash 647 Capital Stock Sold on Subscription 648 Capital Stock Issued for Consideration Other Than Cash 650 Issuance of Capital Stock in a Business Combination 651 Stock Repurchases 651 Treasury Stock 652 Stock Rights, Warrants, and Options 656 Stock Rights 656 Stock Warrants 656 Accounting for Stock Based Compensation 658 Stock Conversions 662 Case 1: One Preferred Share for Four Common Shares (\$1 par) 662 Case 2: One Preferred Share for Four Common Shares (\ par) 662 Factors Affecting Retained Earnings 663 Net Income and Dividends 663 Prior Period Adjustments 663 Other Changes in Retained Earnings 665 Retained Earnings Restrictions 665 Accounting for Dividends 666 Recognition and Payment of Dividends 666 Cash Dividends 666 Property Dividends 667 Stock Dividends 668 Liquidating Dividends 672 Other Equity Items 672 Equity Items That Bypass the Income Statement and Are Reported as Part of Accumulated Other Comprehensive Income 672 International Accounting: Equity Reserves 675 Disclosures Related to the Equity Section 677 Investing Activities 12 INVESTMENTS IN NONCURRENT OPERATING ASSETS—ACQUISITION 708 What Costs Are Included in Acquisition Cost? 712 Tangible Assets 7/2 Intangible Assets 713 Acquisitions Other Than Simple Cash Transactions 716 Basket Purchase 716 cviii Contents Deferred Payment 717 Leasing 778 Exchange of Nonmonetary Assets 719 Acquisition by Issuing Securities 719 Self Construction 720 Acquisition by Donation or Discovery 724 Acquisition of an Asset with Significant Restoration Costs at Retirement 726 Acquisition of an Entire Company 728 Capitalize or Expense? 728 Postacquisition Expenditures 729 Research and Development Expenditures 731 Computer Software Development Expenditures 731 Oil and Gas Exploration Costs 732 Accounting for the Acquisition of Intangible Assets 734 Internally Generated Intangibles 735 Intangibles Acquired in a Basket Purchase 735 Intangibles Acquired in the Acquisition of a Business 739 Valuation of Assets at Current Values 744 Measuring Property, Plant, and Equipment Efficiency 745 Evaluating the Level of Property, Plant, and Equipment 745 Dangers in Using the Fixed Asset Turnover Ratio 746 13 INVESTMENTS IN NONCURRENT OPERATING ASSETS UTILIZATION AND RETIREMENT 780 Depreciation 783 Factors Affecting the Periodic Depreciation Charge 784 Recording Periodic Depreciation 785 Methods of Depreciation 786 Depreciation and Accretion of an Asset Retirement Obligation 794 Depletion of Natural Resources 794 Changes in Estimates of Cost Allocation Variables 795 Change in Estimated Life 796 Change in Estimated Units of Production 796 Impairment 797 Accounting for Asset Impairment 798 International Accounting for Asset Impairment: IFRS 36 800 Accounting for Upward Asset Revaluations: IFRS 16 800 Amortization and Impairment of Intangible Assets Subject to Amortization 802 Impairment of Intangible Assets Not Subject to Amortization 804 Impairment of Goodwill 805 Asset Retirements 808 Asset Retirement by Sale 808 Asset Classification as Held for Sale 808 Asset Retirement by Exchange for Other Nonmonetary Assets 809 Asset Retirement by Exchange of Similar Assets 810 Depreciation for Partial Periods 814 Income Tax Depreciation 816 Contents xxix 14 INVESTMENTS IN DEBT AND EQUITY SECURITIES 848 Why Companies Invest in Other Companies 851 Safety Cushion 851 Cyclical Cash Needs 851 Investment for a Return 852 Investment for Influence 853 Purchase for Control 853 Classification of Investment Securities 854 Debt Securities 854 Equity Securities 854 Held to Maturity Securities 855 Available for Sale Securities 855 Trading Securities 855 Equity Method Securities 855 Why the Different Categories? 856 Purchase of Securities 857 Purchase of Debt Securities 857 Purchase of Equity Securities 857 Recognition of Revenue from Investment Securities 858 Recognition of Revenue from Debt Securities 858 Recognition of Revenue from Equity Securities 860 Accounting for the Change in Value of Securities 867 Accounting for Temporary Changes in the Value of Securities 867 Accounting for "Other Than Temporary" Declines in the Value of Securities 87/ Sale of Securities 873 Impact of Sale of Securities on Unrealized Gains and Losses 873 Transferring Securities Between Categories 875 Transferring Debt and Equity Securities between Categories 875 Cash Flows from Gains and Losses on Available for Sale Securities 878 Cash Flows from Gains and Losses on Trading Securities 879 Equity Method Securities and Operating Cash Flow 879 Classification and Disclosure 880 International Accounting for Investment Securities 883 Accounting for the Impairment of a Loan 884 Measurement of Impairment 885 Example of Accounting for Loan Impairment 885 Part 3 Additional Activities and Common Disclosures of a Business 15 LEASES 918 Economic Advantages of Leasing 920 Simple Example 922 x Contents Nature of Leases 923 Cancellation Provisions 924 Bargain Purchase Option 924 Lease Term 924 Residual Value 924 Minimum Lease Payments 925 Lease Classification Criteria 926 General Classification Criteria—Lessee and Lessor 926 Revenue Recognition Criteria—Lessor 928 Application of General Lease Classification Criteria 928 Accounting for Leases—Lessee 929 Accounting for Operating Leases—Lessee 929 Accounting for Capital Leases—Lessee 930 Treatment of Leases on Lessee's Statement of Cash Plows 935 Accounting for Leases—Lessor 938 Accounting for Operating Leases—Lessor 938 Accounting for Direct Financing Leases 939 Accounting for Sales Type Leases—Lessor 942 Sale of Asset during Lease Term 945 Treatment of Leases on Lessor's Statement of Cash Flows 945 Disclosure Requirements for Leases 948 International Accounting of Leases 952 Sale Leaseback Transactions 953 16 INCOME TAXES 986 Deferred Income Taxes: An Overview 988 Example 1. Simple Deferred Income Tax Liability 989 Example 2. Simple Deferred Tax Asset 990 Permanent and Temporary Differences 991 Illustration of Permanent and Temporary Differences 993 Annual Computation of Deferred Tax Liabilities and Assets 994 Example 3 Deferred Tax Liability 995 Example 4. Deferred Tax Asset 997 Example 5. Deferred Tax Liabilities and Assets 998 Valuation Allowance for Deferred Tax Assets 1002 Carryback and Carryforward of Operating Losses 1003 Net Operating Loss (NOL) Carryback 1003 Net Operating Loss (NOL) Carryforward 1004 Scheduling for Enacted Future Tax Rates 1006 Financial Statement Presentation and Disclosure 1007 Deferred Taxes and the Statement of Cash Flows 1010 International Accounting for Deferred Taxes 1012 No Deferral Approach 1012 Comprehensive Recognition Approach 1012 Partial Recognition Approach 1013 Contents xxxi 17 EMPLOYEE COMPENSATION—PAYROLL, PENSIONS, AND OTHER COMPENSATION ISSUES 1038 Routine Employee Compensation Issues 1040 Payroll and Payroll Taxes 1040 Compensated Absences 1043 Nonroutine Employee Compensation Issues 1044 Stock Based Compensation and Bonuses 1045 Postemployment Benefits 1045 Accounting for Pensions 1046 Nature and Characteristics of Employer Pension Plans 1047 Issues in Accounting for Defined Benefit Plans 1050 Simple Illustration of Pension Accounting 1051 Comprehensive Pension Illustration 1057 Thornton Electronics—2005 1058 Thornton Electronics—2006 1062 Thornton Electronics—2007 1065 Deferred Pension Cost 1069 Disclosure of Pension Plans 1071 Pension Settlements and Curtailments 1074 International Pension Accounting Standards 1075 IFRS 19: Old and New 1076 New Proposal from the United Kingdom 1076 Postretirement Benefits Other Than Pensions 1077 Nature of Postretirement Health Care Plans /077 Overview of FASB Statement No. 106 1080 18 DERIVATIVES, CONTINGENCIES, BUSINESS SEGMENTS, AND INTERIM REPORTS 1106 Derivatives 1108 Simple Example of a Derivative 1108 Types of Risk 1111 Price Risk Credit Risk 1111 Interest Rate Risk 1111 Exchange Rate Risk 1111 Types of Derivatives 1112 Swap 1112 Forwards 1113 Futures 1114 Option U15 Types of Hedging Activities 1116 Accounting for Derivatives and for Hedging Activities 1117 Overview of Accounting for Derivatives and Hedging Activities 1118 Illustrations of Accounting for Derivatives and Hedging Activities 1119 Summary 1124 Contingencies 1124 :xii Contents Accounting for Contingencies: Probable, Possible, and Remote 1125 Accounting for Lawsuits 1128 Accounting for Environmental Liabilities 1129 Segment Reporting 1131 Business Segments 1132 Interim Reporting 1135 Interim Reports 1136 Part 4 Other Dimensions of Financial Reporting 19 EARNINGS PER SHARE 1164 Simple and Complex Capital Structures 1168 Basic Earnings Per Share 1170 Issuance or Reacquisition of Common Stock 7/70 Stock Dividends and Stock Splits 1171 Preferred Stock Included in Capital Structure 1172 Diluted Earnings Per Share—Options, Warrants, and Rights 1174 Stock Options, Warrants, and Rights 1175 Illustration of Diluted Earnings per Share with Stock Options 1176 Diluted Earnings Per Share—Convertible Securities 1177 Illustration of Diluted Earnings per Share with Convertible Securities 7/77 Computation of Diluted Earnings per Share for Securities Issued during the Year 1178 Shortcut Test for Antidilution 7779 Effect of Actual Exercise or Conversion 1180 Effect of a Loss From Continuing Operations on Earnings per Share 7/SO Multiple Potentially Dilutive Securities 1181 Financial Statement Presentation 1183 Comprehensive Illustration Using Multiple Potentially Dilutive Securities 1185 20 ACCOUNTING CHANGES AND ERROR CORRECTIONS 1208 Accounting Changes 1210 Change in Accounting Estimate 7272 Change in Accounting Principle 7273 Pro Forma Disclosures after a Business Combination 7220 Error Corrections 1222 Types of Errors 7222 Illustrative Example of Error Correction 7223 Required Disclosure for Prior Period Adjustments 1229 Summary of Accounting Changes and Error Corrections 1231 Accounting Changes and Error Corrections under IFRS 8 1231 Change in Accounting Estimate 7232 Contents xxxiii Change in Accounting Principle 1232 Error Corrections 1232 21 ANALYSIS OF FINANCIAL STATEMENTS 1260 Framework for Financial Statement Analysis 1262 Common Size Financial Statements 1263 DuPont Framework 1266 Other Common Ratios 1273 Impact of Alternative Accounting Methods 1276 Foreign Reporting to U.S. Investors 1280 Meeting the Needs of International Investors 1282 Capitalization of Interest 1287 Capitalization of Software Costs 1287 Provisions for Pensions and Similar Liabilities 1288 Foreign Currency Items, Financial Derivatives, and Valuation of Securities 1288 Companies Accounted for under the Equity Method 1289 Deferred Taxes 1289 Minority Interest 1290 Summary 1290 Foreign Currency Financial Statements 1290 Translation 1291 Expanded Illustration of Statement of Cash Flows 1292 Appendices A THE WALT DISNEY COMPANY 2001 ANNUAL REPORT A l B TIME VALUE OF MONEY B l C INDEX OF REFERENCES TO APB AND FASB PRONOUNCEMENTS C l D GLOSSARY D l E CHECK FIGURES E l Indexes SUBJECT INDEX 1 1 INDEX OF REAL COMPANIES AND INTERNET SITES 1 19
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spelling	Stice, Earl K. Verfasser aut Intermediate accounting Earl K. Stice ; James D. Stice ; K. Fred Skousen 15. ed. Mason, Ohio Thomson/South-Western 2004 Getr. Zählung Ill. 2 CD-ROM's c rdamedia cd rdacarrier Rechnungswesen (DE-588)4048732-5 gnd rswk-swf Rechnungslegung (DE-588)4128343-0 gnd rswk-swf Finanzanalyse (DE-588)4133000-6 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf 1\p (DE-588)4123623-3 Lehrbuch gnd-content USA (DE-588)4078704-7 g Rechnungslegung (DE-588)4128343-0 s 2\p DE-604 Finanzanalyse (DE-588)4133000-6 s 3\p DE-604 Rechnungswesen (DE-588)4048732-5 s 4\p DE-604 Stice, James D. Verfasser aut Skousen, K. F. Verfasser aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014676754&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 4\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk
spellingShingle	Stice, Earl K. Stice, James D. Skousen, K. F. Intermediate accounting Rechnungswesen (DE-588)4048732-5 gnd Rechnungslegung (DE-588)4128343-0 gnd Finanzanalyse (DE-588)4133000-6 gnd
subject_GND	(DE-588)4048732-5 (DE-588)4128343-0 (DE-588)4133000-6 (DE-588)4078704-7 (DE-588)4123623-3
title	Intermediate accounting
title_auth	Intermediate accounting
title_exact_search	Intermediate accounting
title_exact_search_txtP	Intermediate accounting
title_full	Intermediate accounting Earl K. Stice ; James D. Stice ; K. Fred Skousen
title_fullStr	Intermediate accounting Earl K. Stice ; James D. Stice ; K. Fred Skousen
title_full_unstemmed	Intermediate accounting Earl K. Stice ; James D. Stice ; K. Fred Skousen
title_short	Intermediate accounting
title_sort	intermediate accounting
topic	Rechnungswesen (DE-588)4048732-5 gnd Rechnungslegung (DE-588)4128343-0 gnd Finanzanalyse (DE-588)4133000-6 gnd
topic_facet	Rechnungswesen Rechnungslegung Finanzanalyse USA Lehrbuch
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