Web Study Guide [For] Financial Accounting, a Valuation - Wiley College Software

Work more effectively and gauge your progress along the way! ThisStudy Guide is designed to accompany Hughes' FinancialAccounting: A Valuation Emphasis. It allows students to review andapply their understanding of important concepts discussed in themain text. In addition to a detailed chapter review, this studyguide contains true/false questions, multiple-choice questions, andexercises of varying degrees of difficulty. Detailed solutions areprovided for all questions and exercises.

A company is worth only as much as its accountinginformation.
The Financial Accounting Standards Board recently issued anexposure draft providing guidance on how to measure fair value.Some observers anticipate future pronouncements requiring moreextensive use of fair value in accounting disclosures. In theabsence of market prices, determining fair values requires theapplication of various valuation concepts.

Financial Accounting: A Valuation Emphasis integrates anunderstanding of valuation concepts with accounting principles. Theauthors place considerable emphasis on the economic consequences ofaccounting practices. You'll develop a solid background inbasic accounting processes and disclosures, and the critical roleof accounting in valuation.

Features

• Highlights the valuation and economic consequences of coreaccounting concepts.
• Emphasizes the construction of accounting information and howthat information affects the value of the firm.
• Offers an inviting and accessible presentation, with real-worldexamples and transactions.
• Provides an early treatment of statement of cash flows andfinancial statement analysis.
• Illustrates key concepts, including valuation models through anintegrated example of a hypothetical company.
• Helps you appreciate the significance of accounting informationto managers, investors, regulators, and others with an interest inthe firm's affairs.