Intermediate Financial Accounting Volume 2 developed in collaboration by Athabasca University and Lyryx, is intended for the second of two in Intermediate Financial Accounting courses. It presumes that students have already completed the Introductory Financial Accounting, and the first Intermediate Financing Accounting course. The textbook reflects both current International Financial Reporting Standards (IFRS) and ASPE.
This book covers all topics essential to a second level Intermediate Accounting course: current, long-term and complex liabilities, income taxes, pensions, leases, shareholders' equity, earnings per share, statement of cash flows including the direct approach, effects of changes and errors, and disclosures and analysis.
Topics that are covered in Advanced Financial Accounting courses, such as consolidations and foreign exchange, are not included here. For those requiring preparation for CPA designation, competencies as outlined by the CPA are addressed in this textbook.
This open book is licensed under a Creative Commons License (CC BY). You can download Intermediate Financial Accounting Volume 2 ebook for free in PDF format (3.7 MB).
Table of Contents
Long-Term Financial Liabilities
Complex Financial Instruments
Pensions and Other Employment Benefits
Earnings per Share
Statement of Cash Flows
Changes and Errors
Putting It All Together: Disclosures and Analysis Overview