Wiley CPA Exam Review 2013 Focus Notes: Financial Accounting and Reporting
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More About This Title Wiley CPA Exam Review 2013 Focus Notes: Financial Accounting and Reporting

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The one-stop resource reinforcing concepts for the computerized CPA Exam in an easy-to-read-and-carry spinal bound format

Wiley CPA Exam Review Focus Notes: Financial Accounting and Reporting, 2013 reinforces key concepts for the computerized CPA Exam in an easy-to-read-and-carry spinal bound format. It provides a review of all the basic skills and concepts tested on the CPA exam, teaching important strategies to take the exam faster and more accurately.

Covers accounting principles generally accepted in the United States for businesses, not-for-profit organizations and governmental entitiesIncludes tips on identifying and interpreting annual reports, stock reports, and other published material to help with the research requirements of the new case study simulationsOffers a handy, easy-to-carry, spiral bound reference manualProvides a simplified and focused approach to solve exam questions and reinforce material being studiedIncludes acronyms and mnemonics to help candidates learn and remember a variety of rules and checklists

Wiley CPA Exam Review Focus Notes: Financial Accounting and Reporting, 2013 is designed to provide pertinent knowledge in formats that are easy to understand and remember.

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Preface vii

About the Author ix

Basic Concepts 1

Financial Statements 8

Inventories 36

Long-Term Construction Contracts 57

Fixed Assets 61

Monetary Assets & Liabilities 87

Leases 116

Bonds 130

Debt Restructure 142

Pensions 146

Deferred Taxes 152

Stockholders’ Equity 161

Investments 187

Statement of Cash Flows 198

Consolidated Statements 207

Derivative Instruments 221

Segment Reporting 232

Partnership 235

Foreign Currency 243

Interim Reporting 247

Personal Financial Statements 251

Governmental (State and Local) Accounting 254

Not-For-Profit Accounting 301

Index 314

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