Using Accounting Information
Financial Reporting and ConceptsSpecial Reporting SituationsCorrections of ErrorsDiscontinued OperationsExtraordinary ItemsChanges in Accounting MethodsOther Comprehensive IncomeRecapEbit and EbitdaReturn on AssetsEarnings per Share, Price Earnings Ratios, Book Value per Share, and Dividend RatesBasic EPSDiluted EPSSubdividing APS AmountsPrice Earnings RatioBook Value per ShareCalculating Book Value per ShareDividend Rates and Payout RatiosReturn on EquityObjectives of Financial ReportingObjectivesQualitative Characteristics of AccountingUnderstandabilityThreshold IssuesOther ConceptsThe Development of GAAPThe Audit FunctionThe Development of GAAPThe 1929 Stock Crash and Great DepressionThe Securities and Exchange CommissionThe FASB and its PredecessorsA More Recent Crisis of Reporting ConfidenceSarbanes-OxleyKey AssumptionsEntity AssumptionGoing-Concern AssumptionPeriodicity AssumptionMonetary Unit AssumptionStable Currency AssumptionWhat do you Think?Global Accounting IssuesIssues in International TradeGlobal SubsidiariesGlobal Trading TransactionsFinancial Analysis and the Statement of Cash FlowsFinancial Statement AnalysisComprehensive IllustrationBalance SheetIncome StatementStatement of Retained EarningsRatios for Emerson Corporation as of December 31, 20x5Trend AnalysisCash Flows and the Cash Flow StatementThe Statement of Cash FlowsCash and Cash EquivalentsOperating, Investing, and Financing ActivitiesInvesting ActivitiesFinancing ActivitiesNoncash Investing and Financing ActivitiesDirect Approach to the Statement of Cash FlowsMethods to Prepare a Statement of Cash FlowsOperating ActivitiesInvesting ActivitiesFinancing ActivitiesCash Flow RecapNoncash Investing/Financing ActivitiesReconciliation of Income to Operating Cash FlowsIndirect Approach to Presenting Operating ActivitiesUsing a Worksheet to Prepare a Statement of Cash Flow
