The tenth edition thoroughly involves students with financial statements by using real-world examples. It builds
skills in analyzing real financial reports through statements, exhibits, and cases of actual companies. Emphasis
is placed on the analysis and interpretation of the end result of financial reporting--financial statements.
New to the Edition
- Recent Changes and Issues: This book has been completely updated to reflect recent changes in accounting standards
and current financial reporting problems including: Sarbanes-Oxley, options, and valuation, among other topics.
- Nike Statements: A summary analysis provides an overview of Nike, Inc. and includes 2004 financial statements.
- Thomson One Integrated. Gibson integrates access to the Thomson One--Business School Edition using end-of-chapter
problems and a longer class project.
- FINSAS and Flexible Spreadsheet Analytics Tools. These spreadsheets allow horizontal/vertical analysis and
ratios for over public company. Useful for class projects, homework, and reference.
1: Introduction to Financial Reporting.
2: Introduction to Financial Statements and Other Financial Reporting Topics.
3: Balance Sheet.
4: Income Statement.
5: Basics of Analysis.
6: Liquidity of Short-Term Assets; Related Debt-Paying Ability.
7: Long-Term Debt-Paying Ability.
8: Profitability.
9: For the Investor.
10: Statement of Cash Flows Summary Analysis: Nike, Inc.
11: Expanded Analysis.
12: Special Industries: Banks, Utilities, Oil and Gas, Transportation, Insurance.
Real Estate Companies.
13: Personal Financial Statements and Accounting for Governments and Not-for-Profit.
Organizations.
Glossary.
Bibliography.
Index.