Intermediate Accounting for Dummies Paperback - 2012 - 1st Edition

Learn to:

• Master the concepts of this challenging course
• Make sense of topics with real-life examples
• Score your highest in Intermediate Accounting

The painless way to master an Intermediate Accounting course

With easy-to-understand explanations and real-world examples, Intermediate Accounting For Dummies takes the confusion out of the topics you'll encounter in this challenging course: Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), financial ratio analysis, equity accounting, investment strategies, financial statement preparation, and more.

• Financial Accounting 101 -- get acquainted with the role and responsibilities of financial accountants
• Make a statement -- walk through the proper preparation of the income statement, balance sheet, and statement of cash flow
• Control your cash -- discover everything you need to know about accounting for current and noncurrent assets
• I.O.U. -- find the 4-1-1 on debt and equity, short-term claims payable by the company, and accounting for long-term obligations under various debt scenarios
• Mistakes happen -- find out how to fix mistakes in financial statements, how to account for a change from one accounting method to another, and what to do when an accounting estimate is incorrect

Open the book and find:

• The conceptual framework of financial accounting
• The elements of financial statements
• All about the accounting system
• Lots of examples of worksheets and reports
• How a business prepares an income statement
• The ins and outs of cashflow
• The time value of money
• Ways to analyze debt and equity
• Ten common disclosure notes to the financial statements