Financial Accounting and Reporting (FAR) provides a broad overview of accounting from basic concepts, through the accounting information system to financial statements and special reports,
emphasizing the interpretation and use of these statements and reports. FAR presents a balanced perspective of practice and theory emphasizing decision-making using accounting information. A
direct, straightforward approach achieves completeness of coverage using simple but accurate terms, examples and illustrations. FAR is a useable text geared to the understanding of basic
concepts, principles, and practices. It emphasizes financial statement understanding and analysis, and decision-making using financial information.
