Through a mixture of concepts and examples, this book demystifies the variety of elements of financial accounting and uncovers the need-to-know information for certification in this field. This book covers the two aspects of financial statement analysis, namely quantitative and non-quantitative analysis. Concluding with helpful case studies, the book will appeal to students and academics of financial accounting.

Part 1. Overview of Financial Statements and the Statement of Position

Chapter 1. Overview of Financial Statements
Chapter 2. Cash and Cash Equivalents
Chapter 3. Short-Term Assets: Inventories
Chapter 4. Account Receivables
Chapter 5. Pre-Paid Expenses, Unearned Income and Other Current Assets
Chapter 6. Short-Term Liabilities and Working Capital
Chapter 7. Long-Term Assets: Plant, Property and Equipment
Chapter 8. Long Term Assets: Intangibles
Chapter 9. Long-Term Liabilities: Leases
Chapter 10. Long-Term Liabilities: Pension and Post-Retirement Liabilities
Chapter 11. Shareholders' Equity
Part 2. The Statement of Income
Chapter 12. Analysis of the Statement of Income
Chapter 13. Other Comprehensive Income
Chapter 14. The Sub-Statement of Retained Earnings
Chapter 15. The Computation of the Taxable Income
Part 3. The Statement of Cash Flows and Financial Ratios
Chapter 16. Analysis of the Statements of Cash Flows
Chapter 17. Financial Ratios Analysis
Part 4. Pro-Forma Financial Statements
Chapter 18. Forecasting Financial Statements' Analysis
Part 5. Consolidated Financial Statements
Chapter 19. Foreign Currency Accounting
Chapter 20. Consolidated Financial Statements
Chapter 21. Segment and Intermediary Financial Statements
Chapter 22. IFRS and GAAP
Part 6. Case Study
Chapter 23. Apple and Microsoft Case Study.