David Spiceland

Loose-Leaf Intermediate Accounting 8e with Air France-Klm 2013 Annual Report David Spiceland

Financial accounting is undergoing a period of unprecedented change. The FASB and IASB have been working together to issue converged accounting standards that will dramatically change key reporting areas, and more generally have sought to converge accounting standards over time. However, at present the convergence process appears to have stalled with respect to new standards, and it is not clear when, if ever, IFRS will be fully incorporated into U. S. GAAP. So, while there is considerable overlap between U. S. GAAP and IFRS, important differences between U. S. GAAP and IFRS will remain for the foreseeable future.

To help instructors deal with this very challenging environment, the Spiceland team is committed to providingcurrent, comprehensive and clear coverage of intermediate accounting, and the eigth edition reflects this.