Intermediate Accounting with Annual Report + Connect Plus

J David Spiceland (Univ of Oklahoma Norman),James Sepe (Cornell University Ithaca),Mark Nelson, PhD (Univ of Memphis)

Intermediate Accounting with Annual Report + Connect Plus
Format
Hardback
Publisher
Irwin/McGraw-Hill
Country
United States
Published
6 April 2012
ISBN
9780077635862

Intermediate Accounting with Annual Report + Connect Plus

J David Spiceland (Univ of Oklahoma Norman),James Sepe (Cornell University Ithaca),Mark Nelson, PhD (Univ of Memphis)

Financial accounting is undergoing a period of unprecedented change. The FASB and IASB have been working together to issue converged accounting standards that will dramatically change key reporting areas, and more generally have sought to converge accounting standards over time. In late 2011, the SEC will announce its decision on whether large public companies in the U.S. will be able to choose whether to report under U.S. GAAP or IFRS or if all companies are anticipated to be reporting under IFRS in the near future. So, while there currently is considerable overlap between U.S. GAAP and IFRS, and that overlap is increasing as convergence continues, important differences remain. To help instructors deal with the challenging environment, the Spiceland team is committed to providing current, comprehensive and clear coverage of intermediate accounting. The 7th edition reflects this commitment with the following innovations.

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