The new edition of this dynamic text introduces readers to accounting concepts with numerous exciting and real examples from the U.S. and abroad. Readers gain basic accounting knowledge, with an emphasis on how accounting is used and analyzed in actual case situations.
New edition of a text that gives an inside, realistic view of how accounting is done in leading companies. The chapters blend procedure and concepts in discussing financial reporting and the accounting cycles, operating activities, investing and financing activities, other dimensions of financial reporting, foundations, planning, control, and evaluation. The editors are all affiliated with Brigham Young U. Annotation c. Book News, Inc., Portland, OR (booknews.com)
PART F1: FINANCIAL REPORTING AND THE ACCOUNTING CYCLE. F1. Accounting Information: Users and Uses. F2. Financial Statements: An Overview. F3. The Mechanics of Accounting. F4. Completing the Accounting Cycle. F5. Ensuring the Integrity of Financial Information. PART F2: OPERATING ACTIVITIES. F6. Selling a Product or a Service. F7. Inventory. F8. Completing the Operating Cycle. PART F3: INVESTING AND FINANCING ACTIVITIES. Chapter F9. Investments in Property, Plant, and Equipment and in Intangible Assets. F10. Long-Term Debt Financing. F11. Equity Financing. F12. Investments in Debt and Equity Securities. PART F4: OTHER DIMENSIONS OF FINANCIAL REPORTING. F13. Statement of Cash Flows. PART M1: Foundation. M1. Introduction. M2. Cost-Volume Control Relationships. M3. Product Cost Flows. PART M2: Planning. M4. Strategic Planning and Capital Budgeting. M5. Operating Budgets. PART M3: Control. M. Traditional Cost Management. M7. Ground-breaking Cost Management. PART M4: Evaluation. M8. Evaluating Products and Processes. M9. Evaluating Personnel and Divisions. M10. Balancing Financial and Nonfinancial Evaluations.