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