Mastery of the Financial Accounting Research System (FARS) Through Cases

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9780471741619: Mastery of the Financial Accounting Research System (FARS) Through Cases
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With its clear explanation of how to use FARS effectively, this casebook will help readers gain a better understanding of generally accepted accounting principles, exercise judgment in their interpretation and application, and meet the challenges that will arise in their accounting careers. They'll also learn how to sharpen their analytical abilities, design search phrases using Boolean logic, and cope with contradictions and ever changing guidance in regulation and business practices.

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From the Back Cover:

Make the most of the accountant’s most powerful tool—FARS

FASB’s Financial Accounting Research System (FARS) is perhaps the single richest resource you can make use of as an accountant. But navigating its many pathways to original pronouncements, general and industry standards, current texts, EITF abstracts, databases, and codifications isn’t always easy for the student or professional.

Wanda A. Wallace’s Mastery of the Financial Accounting Research System (FARS) Through Cases, Second Edition shows you how to make the most effective use of FARS, so you can better understand generally accepted accounting principles, exercise judgment in your interpretation and application, and meet the challenges that will arise in your accounting career!

This casebook helps you sharpen your analytical abilities, design search phrases using Boolean logic, and cope with contradictions and ever changing guidance in regulation and business practices. In addition,  an extended five-part case introduces you to a number of resources beyond FARS, such as Web sites, legal cases, and public filings.

Improved features you’ll appreciate in this Second Edition:
  • Quickly master the format and content of FARS with the FARS Primer. This new edition is focused even more on guiding you to the content of FARS, rather than on just the details of the interface.
  • Learn real-world uses of FARS through cases drawn from actual financial statements and events involving real companies and not-for-profit entities.
  • Reach resources beyond FARS described in an updated chapter listing Web sites, legal cases, and public filings.
  • Build a stronger business vocabulary through introductory exercises that are tied to common topics in financial accounting.
  • Hone your skills with brain teasers that challenge you to analyze conceptual and practice problems.

About the Author:

Wanda A. Wallace, Ph.D., CPA, CMA, CIA is the John N. Dalton Professor of Business Administration at the College of William and Mary in Williamsburg, Virginia.

Dr. Wallace has received the Wildman Gold Medal awarded to the most significant literary contribution to the advancement of public accounting over a three-year period by the American Accounting Association (AAA) and Deloitte. She has also been awarded a Certificate of Distinguished Performance on the Certified Management Accounting Examination and the Highest Achievement Award (Gold Medal) on the international certified Internal Auditor Examination. A past AAA Vice President, Dr. Wallace has served on the Financial Accounting Standards Advisory Council (FASAC) that advises the Financial Accounting Standards Board (FASB) in 1991 and on the Government Auditing Standards Advisory Council. She has authored over 40 books and monographs, and over 200 articles in such journals as the Harvard Business  Review, CPA Journal, Government Finance Review, and Wall Street Journal.

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Other Popular Editions of the Same Title

9780471263999: Mastery of the Financial Accounting Research System (FARS) Through Cases

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ISBN 10:  0471263990 ISBN 13:  9780471263999
Publisher: Wiley, 2003
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