November 2008
Intermediate to advanced
859 pages
25h 22m
English
book
International Financial Statement Analysis
by CFA Thomas R. Robinson, CFA Hennie van Greuning, CFA Elaine Henry, CFA Michael A. Broihahn
Content preview from International Financial Statement Analysis
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CHAPTER 11
LONG-LIVED ASSETS
Elaine Henry, CFA University of Miami Coral Gables, Florida
Elizabeth A. Gordon Temple University Philadelphia, Pennsylvania
LEARNING OUTCOMES
After completing this chapter, you will be able to do the following:
• Explain the accounting standards related to the capitalization of expenditures as part of long-lived assets, including interest costs.
• Compute and describe the effects of capitalizing versus expensing on net income, shareholders’ equity, cash flow from operations, and financial ratios including the effect on the interest coverage ratio of capitalizing interest costs.
• Explain the circumstances in which software development costs and research and development costs are capitalized.
• Identify the different depreciation methods for long-lived tangible assets and discuss how the choice of method, useful lives, and salvage values affect a company’s financial statements, ratios, and taxes.
• Discuss the use of fixed asset disclosures to compare companies’ average age of depreciable assets, and calculate, using such disclosures, the average age and average depreciable life of fixed assets.
• Describe amortization of intangible assets with finite useful lives, and the estimates that affect the amortization calculations.
• Discuss the liability for closure, removal, and environmental effects of long-lived operating assets, and discuss the financial statement impact and ratio effects of that liability.
• Discuss the impact of sales or exchanges of long-lived ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.