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In this completely updated version, Gibson reflects recent changes in accounting standards and current financial reporting problems, such as international standards, deferred taxes, and financial instrument disclosures. It provides real world examples through companies such as McDonnell Douglas, Intel, and Delta Airlines. These examples are used in the illustrations, problems, cases, and analyses contained in the book, connecting theory to real applications. Manufacturing, retailing, and service sectors are all covered in the book, with the differences between the industries described in depth. Regulated and non-regulated industries are also included. A comprehensive case at the end of the book examines Worthington Industries and provides an opportunity to tie concepts together in an extensive analysis of a profit-oriented business.Gibson, Charles H. is the author of 'Financial Reporting & Analysis Using Financial Accounting Information' with ISBN 9780324023534 and ISBN 0324023537.
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