Accounting Theory: Text and Readings
Practical skills and theory for today's increasingly global economy. Updated, refocused, and revised, this Eighth Edition of "Accounting Theory and ... Show synopsis Practical skills and theory for today's increasingly global economy. Updated, refocused, and revised, this Eighth Edition of "Accounting Theory and Analysis" will help you build strong critical thinking skills and a sound theoretical background, so you can evaluate accounting practice in today's increasingly global world economy. The text's unique and timely collection of cases covers all major areas of accounting and shows how the latest accounting standards impact decision-making. In the new edition, the authors have updated and expanded the text to include: "A Financial Accounting Research System (FARS) CD Primer", written by coauthor Jack Cathey, on the companion website; expanded discussion on the conceptual framework, theoretical development of accounting theory, and its use in evaluating corporate performance in the early chapters; updated coverage of the FASB's Statements of Financial Accounting Standards, including SFAS No. 140-150; and several new accounting research related cases that require students to use the FARS. Expanded ethics coverage in Chapter 1 and coverage of the new Sarbanes-Oxley Act in Chapter 17. International chapter now moved to Chapter 3, to add more contrasts between U.S. and international standard setting. It also provides updated coverage of the 41 IASC standards in each of the appropriate text chapters, and a new discussion of the revised IASB standards and the 5 new IASB standards.