Description
The tenth edition thoroughly involves students with financial statements by using real-world examples. It builds skills in analyzing real financial reports through statements, exhibits, and cases of actual companies. Emphasis is placed on the analysis and interpretation of the end result of financial reporting--financial statements.
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Gibson, a CPA with 30 years of teaching experience, seeks to involve students in actual financial statements and their analysis and interpretation, with the use of real financial reports, 10-K's, and proxy statements from one firm, Nike, Inc., as an illustration throughout the text. The text teaches financial accounting from both the user's and the preparer's perspective. It explains financial reporting differences among industries, including manufacturing, retailing, service, and regulated and nonregulated industries, and also covers personal financial reports and financial reporting for governments and other not-for-profit institutions. Enough background material is included so that the text can be used with students who do not have prior courses in accounting or finance. This 10th edition contains new exhibits and cases from actual companies (not just Nike), plus updated material reflecting the current regulatory climate. Learning features include comprehensive chapter summaries, questions, and cases with multiple-choice quizzes and calculation problems. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
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