A collection of financial accounting cases designed to help readers become financial statement users, this book was developed from the course materials used in the past six years at the University of Texas at Austin. Each case utilizes financial statement information (balance sheet, income statement, statement of cash flow and/or footnotes) and a number of topical questions. Readers use the financial statement information to infer and interpret the economic events underlying the numbers. Related articles taken from business publications accompany some cases. Information from the articles is incorporated into the case question material. This comprehensive book provides a complete review of analyzing balance sheets, income statements, statements of cash flows, ratio analysis and interpreting and understanding specific accounts. For those in financial reporting and accounting and others working with financial statements.
The other book for my accounting course. It's a look at a few actual financial reports and press releases and other corporate financial reports. Each case has a series of questions that are designed to get you to think about the information presented and then do some additional research to answer. Makes it feel more hands on as opposed to just theoretical.