Financial Accounting with Connect Plus / Edition 8

Financial Accounting with Connect Plus / Edition 8

by Robert Libby, Patricia Libby, Daniel Short
     
 

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ISBN-10: 1259116832

ISBN-13: 9781259116834

Pub. Date: 07/26/2013

Publisher: McGraw-Hill Higher Education

Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this

Overview

Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design.

Libby/Libby/Short successfully implements a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.

Libby/Libby/Short believes in the building-block approach to teaching transaction analysis. Most faculty agree that mastery of the accounting cycle is critical to success in financial accounting. And yet all other financial books introduce and develop transaction analysis in one chapter, bombarding a student early in the course with an overload of new concepts and terms. The authors believe that most faculty take more time with the accounting cycle, but other financial accounting textbooks don’t. By slowing down the introduction of transactions and giving students time to practice and gain mastery, this building-block approach leads to greater student success in their study of later topics in financial accounting such as adjusting entries.

Product Details

ISBN-13:
9781259116834
Publisher:
McGraw-Hill Higher Education
Publication date:
07/26/2013
Edition description:
List
Product dimensions:
9.30(w) x 11.10(h) x 1.30(d)
Age Range:
18 Years

Table of Contents

Chapter 1: Financial Statements and Business Decisions


Focus company: Maxidrive Corporation


Chapter 2: Investing and Financing Decisions and the Balance Sheet


Focus company: Papa John’s International


Chapter 3: Operating Decisions and the Income Statement


Focus company: Papa John’s International


Chapter 4: Adjustments, Financial Statements, and the Quality of Earnings


Focus company: Papa John’s International


Chapter 5: Communicating and Interpreting Accounting Information


Focus company: Callaway Golf


Chapter 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash


Focus company: Deckers Outdoor Corporation


Chapter 7: Reporting and Interpreting Cost of Goods Sold and Inventory


Focus company: Harley-Davidson, Inc.


Chapter 8: Reporting and Interpreting Property, Plant, and Equipment; Natural Resources; and Intangibles


Focus company: Southwest Airlines


Chapter 9: Reporting and Interpreting Liabilities


Focus company: Starbucks


Chapter 10: Reporting and Interpreting Bonds


Focus company: Burlington Northern Santa Fe


Chapter 11: Reporting and Interpreting Owners’ Equity


Focus company: Kroger


Chapter 12: Reporting and Interpreting Investments in Other Corporations


Focus company: The Washington Post Company


Chapter 13: Reporting and Interpreting Investments in Other Corporations


Focus company: National Beverage Corp.


Chapter 14: Analyzing Financial Statements


Focus company: Home Depot


Appendix A: Present and Future Value Tables


Appendix B: American Eagle Outfitters Annual Report


Appendix C: Pacific Sunwear 2004 Annual Report


Appendix D: Industry Ratio Report

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