Intermediate Accounting, Fourth Edition, Vol. 2

The "Crystal Clear Connections" theme of this revision centers around three main 1) "Crystal clear" presentation of topics, 2) "Connections" between the preparer of financial statements and reports, and the business advisor/consultant (alternatively "user"/decision-maker v. "preparer"), and 3) "Connections" between chapter content, End-of-Chapter materials, and the real world. Extensive customer research has driven this revision, resulting in clearer presentation of topics determined to be more difficult for students, greater coverage of contemporary topics, reduced coverage of obsolete methods, and even more diverse end-of-chapter material, (building on our already solid reputation with this element).1. The Environment of Accounting 2. The FASB s Conceptual Framework of Accounting 3. The Accounting Information Processing System 4. The Income Statement and the Retained Earnings Statement 5. The Balance Sheet and the Statement of Cash Flows 6. Concepts of Future and Present Value PART II. ASSET RECOGNITION AND MEASUREMENT 7. Revenue and Expense Recognition 8. Cash and Receivables 9. Basic Valuation Methods 10. Alternative Valuation Methods 11. Operational Acquisition, Disposal, and Exchange 12. Operational Depreciation and Impairment 13. Intangible Assets and Natural Resources 14. Investments in Debt and Equity Securities PART III. LIABILITIES 15. Short-Term Liabilities 16. Long-Term Liabilities 17. Accounting for Leases 18. Accounting for Pensions 19. Accounting for Income Taxes PART IV. OWNERS EQUITY 20. Contributed Capital (and more...)