The FASB Cases on Recognition and Measurement - Softcover

Financial Accounting Standards Board (FASB); Johnson, L. Todd; Petrone, Kimberley R.

Softcover

ISBN 10: 0471129879 ISBN 13: 9780471129875

Publisher: John Wiley & Sons, 1995

Synopsis

Focusing on issues of recognition and measurement in financial statements, the cases in this collection cover a variety of important conceptual topics in accounting. Designed to be interesting, challenging and useful, each case concerns a specific situation, thereby offering an effective vehicle for encapsulating and conveying the essence of complex abstract issues. The brief, one– or two–page format of the cases makes them readily digestible and easily remembered.

About this title

Synopsis

The cases in this collection cover a variety of important conceptual issues in accounting and are intended to be both interesting and thought provoking. The cases facilitate the consideration of particular concepts in formulating the FASB's conceptual framework. Thus, they are a springboard to help students better understand the underlying significance of accounting concepts and how they affect accounting practice. Accordingly, the cases lend themselves particularly well to serving as a basis for critiquing present practice, thereby generating discussion about "what ought to be" as compared with "what is".

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1995
• Language: English
• ISBN 10: 0471129879
• ISBN 13: 9780471129875
• Binding: Paperback
• Edition number: 2
• Number of pages: 80