The ninth 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.



. Introduction to Financial Reporting

2. Introduction to Financial Statements and Other Financial Reporting Topics

3. Balance Sheet

4. Income Statement

5. Basics of Analysis

6. Liquidity of Short-Term Assets; Related Debt-Paying Ability

7. Long-Term Debt-Paying Ability

8. Profitability

9. For the Investor

10. Statement of Cash Flows Summary Analysis: Nike, Inc.

11. Expanded Analysis

12. Special Industries: Banks, Utilities, Oil and Gas, Transportation, Insurance,

Real Estate Companies

13. Personal Financial Statements and Accounting for Governments and Not-for-Profit

Organizations.

Glossary.

Bibliography.

Index.