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Financial Accounting, 8th Edition,9780470929384
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Financial Accounting, 8th Edition

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Weygandts Financial Accounting, 8th Edition, builds upon previous issues by offering a more in-depth introduction to financial accounting with a continued focus on relevant examples based on everyday life. The goal is to help readers further understand the fundamental concepts necessary to use accounting effectively today, as well as an introduction to IFRS and how to use accounting in the future. Kimmel, Weygandt and Kieso present real financial statements and establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information.

Table of Contents

1 Accounting in Action 2

2 The Recording Process 52

3 Adjusting the Accounts 100

4 Completing the Accounting Cycle 162

5 Accounting for Merchandising Operations 218

6 Inventories 270

7 Fraud, Internal Control, and Cash 324

8 Accounting for Receivables 378

9 Plant Assets, Natural Resources, and Intangible Assets 422

10 Liabilities 474

11 Corporations: Organization, Stock Transactions, Dividends, and Retained Earnings 536

12 Investments 600

13 Statement of Cash Flows 644

14 Financial Statement Analysis 710


A Specimen Financial Statements: PepsiCo, Inc. A-1

B Specimen Financial Statements: The Coca-Cola Company B-1

C Specimen Financial Statements: Zetar plc C-1

D Time Value of Money D-1

E Payroll Accounting E-1

F Subsidiary Ledgers and Special Journals F-1

G Other Significant Liabilities G-1

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