Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
BE/Mcgraw; 6th edition
The Sixth Edition of Financial Reporting and Analysis (PDF) The sixth edition of Revsine/Johnson/Collins/FR&A Mittelstaedt's places an emphasis not only on the process of financial reporting but also on the examination of financial statements. This ebook takes a genuine “user's” point of view by examining the consequences of accounting for contracting and making decisions; as a result, readers will have a better understanding of why accounting choices matter and to whom they matter. The authors Revsine, Johnson, Collins, and Mittelstaedt train their readers to be good financial detectives. This means that the readers will be able to read, use, and interpret the statements, and most importantly, they will understand how and why managers can use the flexibility in GAAP to manipulate the numbers for their own purposes. The new version has a significant emphasis on the differences and similarities between IFRS and GAAP, which is significant because that topic is an essential part of this course.
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