Chapter 1 The Financial Accounting Research System (FARS) Primer. Getting Started With FARS: The Basics
Chapter 2 Resources Beyond the Financial Accounting Research System (FARS). Researching Accounting and Business Issues
Introduction
Literature Searches
Interactive Databases
Examples of Search Approaches
Internet Search Engines Site-Specific Searches
Internet Resources Company Site
Business Sites
Popular Accounting Sites
EDGAR: http://www.sec.gov
Special-Purpose Databases
LEXIS/NEXIS
COMPUSTAT
CRSP
FARS
Chapter 3 Building Your Business Vocabulary: Defining Terms and Solving Problems Through FARS
Table 3.1 Accounting Standards
Table 3.2 Concepts
Table 3.3 The Accounting Information System
Table 3.4 Income Statements
Table 3.5 Balance Sheets
Table 3.6 Cash Flows
Table 3.7 Time Value of Money
Table 3.8 Cash
Table 3.9 Short-Term Investments
Table 3.10 Receivables
Table 3.11 Inventories
Table 3.12 Inventory Valuation
Table 3.13 Property Plant and Equipment
Table 3.14 Depreciation
Table 3.15 Depletion
Table 3.16 Impairments
Table 3.17 Intangible Assets
Table 3.18 Current Liabilities
Table 3.19 Contingencies
Table 3.20 Long-Term Liabilities
Table 3.21 Stockholders2 Equity
Table 3.22 Contributed Capital
Table 3.23 Retained Earnings
Table 3.24 Dilutive Securities
Table 3.25 Earnings Per Share
Table 3.26 Investments
Table 3.27 Revenue Recognition
Table 3.28 Accounting For Income Taxes
Table 3.29 Accounting For Pensions
Table 3.30 Postretirement Benefits
Table 3.31 Leases
Table 3.32 Accounting Changes
Table 3.33 Error Analysis
Table 3.34 Statement of Cash Flows Revisited
Table 3.35 Full Disclosure
Table 3.36 Not-For-Profit Considerations
Table 3.37 Financial Statement Analysis
Table 3.38 Internal Control Design and Evaluation
Chapter 4 Brain Teasers: Using FARS to Untangle the Mystery
1 Dissents portending future?
2 Hybrid historical cost and market value: Why the mix?
3 Cash basis or accrual basis?
4 Where are charitable donations on corporate income statements?
5 Deferred debits and deferred credits?
6 Time value of money: gone today but here tomorrow?
7 What do we record when interest rates diverge?
8 Inventoriable costs?
9 Valuation of inventory and purchase commitments
10 Are capital expenditure numbers comparable?
11 Why the proposed Staff Accounting Bulletin (SAB)?
12 Is goodwill indefinite or indeterminate?
13 Expected to be refinanced?
14 Extinguishing debt is extraordinary?
15 What happens when you barter with stock?
16 What is the substance of an appropriation of retained earnings?
17 Stock option compensation dilutes earnings per share?
18 Why do transfers among portfolios of investments affect accounting?
19 When does channel stuffing transform sales into consignment sales?
20 Why can the same company have both a tax asset and a tax liability?
21 Isn't the corridor approach for pensions and postretirement benefits smoothing?
22 Lease accounting: Why is it asymmetrical?
23 How are changes in warranties to be recorded?
24 Does the statement of cash flows give the full picture?
25 Why are segment disclosures non-GAAP?
Chapter 5 Cases to Accompany FARS
Case 1 New Financing: Do Credit Agreements Pose Unique Accounting and Disclosure Challenges: Gunther International
Case 2
Case 3