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Get your students where they need to be with CORNERSTONES OF FINANCIAL AND MANAGERIAL ACCOUNTING. Cornerstones is the only text that delivers a truly unique learning system that is integrated through the entire introductory managerial accounting journey—ensuring they will leave the course with the needed elements to be future business leaders. Students are guided through: Building A Strong Foundation: Students learn the basic accounting concepts through clear and consistently-formatted Cornerstones Examples and Exercises. Understanding Relationships: Students see the relationships between the numbers & concepts and how variables impact each other. Seeing Real-World Connections: Student understanding is brought full circle as they see how these concepts are applied in real world situations. Making Decisions: Students practice actually making decisions based on the information they have now gathered and analyzed. Students love this approach because it presents materials the way they learn and professors love it because it gets students to master the foundations more quickly and allows more time to learn and apply the analysis and decision making of accounting. Get There with Cornerstones!
1. Accounting and Financial Statements. 2. The Accounting Information System. 3. Accrual Accounting. Making the Connection. 4. Internal Control and Cash. 5. Sales and Receivables. 6. Cost of Goods Sold and Inventory. 7. Operating Assets. Making the Connection. 8. Current and Contingent Liabilities. 9. Long-Term Liabilities. 10. Stockholders' Equity. Making the Connection. 11. The Statement of Cash Flows. 12. Financial Statement Analysis. 13. Managerial Accounting Concepts and Decision-Making Support. 14. Cost Behavior. 15. Cost-Volume-Profit Analysis: A Managerial Planning Tool. Making the Connection. 16. Job-Order Costing. 17. Process Costing. 18. Activity-Based Costing and Management. 19. Profit Planning. 20. Standard Costing: A Managerial Control Tool. Making the Connection. 21. Flexible Budgets and Overhead Analysis. 22. Performance Evaluation, Variable Costing, and Decentralization. 23. Short-Run Decision-Making: Relevant Costing and Inventory Management. 24. Capital Investment Decisions. Making the Connection. APPENDIX 1: International Financial Reporting Standards. APPENDIX 2: Investments. APPENDIX 3: Time Value of Money. APPENDIX 4: Financial Statement Information: Abercrombie and Fitch. APPENDIX 5: Financial Statement Information: Aeropostale.