個案資料

Financial Reporting Standards is a ten-chapter book written by David T. Doran, a former CPA with Coopers & Lybrand and current professor of financial accounting at Penn State Erie, The Behrend College. The book was published in July of 2012 by Business Expert Press. Written for practicing managers, MBA students, and undergraduate non-accounting business majors, the text emphasizes how management's choice of accounting methods and their required estimates in reporting transactions and events impact financial statements, both immediately and in the future. Most of the topics addressed in this book are typically studied by accounting majors in the two-course "intermediate" accounting sequence, but the text also includes discussion of consolidations, a topic generally covered in the "advanced" accounting course.. By exclusively applying a user's decision-making emphasis, and limiting topical content to areas relevant to financial analysis, this book allows non-accounting majors to acquire the underlying knowledge in a concise and easy to understand text. In Chapter 2, the author examines cash, receivables, and revenue recognition. First, the author defines cash and the various cash equivalents. Next, he examines how revenue is recognized and receivables are collected, including uncollectible accounts, the allowance method, changes in estimates, sales returns and allowances, sales (cash) discounts, and accelerating cash receipts from receivables. He then discusses the economic consequences of GAAP and off-balance-sheet financing, including revenue recognition both later and earlier in the operating cycle and accounting by long-term contractors. Lastly, he examines the concept of earnings management, or strategies to report earnings in a certain manner.

• Financial statements
• Profitability
• Cash flow
• Accounting standards
• Financing