Financial Accounting Theory, 8/e (Hardcover)

William R. Scott , Patricia O'Brien

  • 出版商: Pearson FT Press
  • 出版日期: 2019-12-17
  • 定價: $1,280
  • 售價: 9.5$1,216
  • 語言: 英文
  • 頁數: 654
  • ISBN: 013416668X
  • ISBN-13: 9780134166681
  • 下單後立即進貨 (約5~7天)

商品描述

本書序言

• The text reviews recent academic accounting research, with updated explanations and discussion of important papers added throughout the text. The text represents the current state of accounting-related theories, as published in major research journals up to about mid-2018.
• We have revised all chapters to improve the understandability of the exposition, discarding some redundant material, and further clarifying the discussion of numerous topics.
• The coverage of the Conceptual Framework (Chapter 3) has been updated to the 2018 IASB version, with references to it incorporated throughout the text. We have also updated references to new accounting standards (Chapter 7), several of which were at the exposure draft stage in the seventh edition.
• We have added numerous real-world examples to illustrate the theory. These are mostly Theory in Practice vignettes with some related problem material. They include Toshiba Corp. (Chapter 1), Home Capital Group (Chapters 3, 4, 6), vulture funds(Chapter 3), SEC EDGAR (Chapter 4), Inco. Ltd. (Chapter 7), Broadwind Energy Inc. (Chapter 7), Health South Corp. (Chapter 10), Barrick Gold Corp. {Chapter 10), Valeant Pharmaceuticals (Chapter 11).
• Theory in Practice vignette 3.2, regarding evidence that tone of MD&A predicts future earnings, is rewritten to bring out artificial intelligence implications. Additional examples of computerized textual analysis are added, including of analyst written reports (Chapter 5), effects of tone and sentiment on attribute framing (Chapter 6), and qualitative statements in earnings announcements (Chapter 12).
• We have updated problem material, changed numerical solutions, and added new problems.
• The discussion and illustration of reserve recognition accounting (Chapter 2), management discussion and analysis (Chapter 3), and the RBC compensation plan (Chapter 10) are updated.

本書特色

• Theory in Practice: These vignettes provide real-world cases that illustrate the theoretical concepts. Some are pursued further in end-of-chapter Questions and Problems.
• Examples: Numerical examples with detailed commentary about the method of solution make the theory more concrete, reinforcing students' learning.
• Figures: Each chapter begins with a schematic figure. The figure at the start of Chapter 1 shows the design of the book, and each subsequent chapter starts with a figure showing the design of that chapter.
• Questions and Problems: Each chapter except Chapter 1 ends with questions and problems that allow students to test, and sometime extend, their understanding of the chapter's contents.

作者簡介

William Scott received his B. Comm. from Carleton University, and his M.B.A and Ph.D. from the School of Business, University of Chicago. He is a Fellow of Chartered Professional Accountants Ontario. His research has been published in the Journal of Accounting Research, Contemporary Accounting Research,. Journal of Business Finance & Accounting, and several other academic journals. He has served on the editorial boards of Journal of Accounting Research, Contemporary Accounting Research, and The Accounting Review; and served a term as Editor of Contemporary Accounting Research. Professor Scott received the 1988 CAAA Award for Distinguished Contribution to Accounting Thought and the CAAA 2005 L.S. Rosen Award for Outstanding Contribution to Canadian Accounting Education. He has taught at Carleton University, University of Chicago, Queen's University at Kingston, University of British Columbia, and University of Waterloo and is now Distinguished Emeritus Professor at University of Waterloo.

Patricia C. O'Brien is the EY Professor at the School of Accounting & Finance, University of Waterloo. Her research, on topics concerning financial analysts, financial reporting standards, and information in capital markets, is published in many of the premier accounting journals. In 2009, Professor O'Brien received the CAAA Haim Falk Award for Distinguished Contribution to Accounting Thought. She currently serves on the Academic Advisory Council to Canada's Accounting Standards Board. She has served as Editor-in-Chief of Contemporary Accounting Research (CAR), and on the editorial boards of CAR, the Journal of Accounting Research, The Accounting Review, and the Journal of Accounting and Public Policy. She holds an A.B. degree cum laude in mathematics from Cornell University, and earned her M.B.A. and Ph.D. degrees at the University of Chicago. Prior to joining Waterloo, Professor O'Brien was a faculty member at the University of Rochester, Massachusetts Institute of Technology, the University of Michigan, London Business School, and York University. She has held visiting appointments at the Helsinki School of Economics, the University of Chicago, Stanford University, and the University of Amsterdam, as well as in the Office of the Chief Economist of the Ontario Securities Commission.

目錄大綱

1 Introduction
2 Accounting Under Ideal Conditions
3 The Decision-usefulness Approach to Financial Reporting
4 Efficient Securities Markets
5 The Value Relevance of Accounting Information
6 The Valuation Approach to Decision Usefulness
7 Valuation Applications
8 Efficient Contracting Theory and Accounting
9 An Analysis of Conflict
10 Executive Compensation
11 Earnings Management
12 Standard Setting: Economic Issues
13 Standard Setting: Political Issues