Financial Accounting Theory and Analysis: Text and Cases

Financial Accounting Theory and Analysis: Text and Cases, 12th Edition continues to concentrate on showing readers how accounting standards directly affect daily decision making on the job. The new edition of this text has been updated and revised to provide students and professionals with the theoretical background they need to keep up with the convergence issues and succeed in today’s increasingly global economy.

NEW TO THIS EDITION Expanded use of the Web by including cases and updates on the textbook companion site A tutorial on the use of the FASB ASC in the solutions manual. Updated disclosure examples throughout the chapters and updated financial analysis sections of each chapter using Hershey and Tootsie Roll as the example companies. New FASB ASC cases and new Web cases A test bank containing more than 250 multiple‐choice and more than 200 essay questions.