Financial Accounting The Impact on Decision Makers

by Porter, Gary A.; Norton, Curtis L.

• ISBN13: 9780324300857
• ISBN10: 0324300859
• Edition: 5th
• Format: Hardcover
• Copyright: 2006-01-27
• Publisher: South-Western College Pub

Summary

Porter/Norton is a transitional text known for its readability, straightforwardness, decision-making focus, and the incorporation of flagship companies. The authors were careful in the new fifth edition to keep the focus on "the basics". The authors have eliminated confusing and redundant elements. The result is an uncluttered, straightforward, and concise financial accounting textbook.

Table of Contents

The Accounting Model Introduction: Getting Started in Business

Accounting as a Form of Communication

Financial Statements and the Annual Report

Processing Accounting Information

Income Measurement and Accrual Accounting Appendix: Accounting Tools: Work Sheets

Accounting for Assets

Merchandise Accounting and Internal Control

Accounting Tools: Internal Control For A Merchandising Company

Inventories and Cost of Goods Sold

Appendix: Accounting Tools: Inventory Costing Methods Using A Perpetual Inventory System

Cash, Investments, and Receivables

Operating Assets: Property, Plant, and Equipment, Natural Resources, and Intangibles

Accounting for Liabilities and Owners' Equity

Current Liabilities, Contingencies, and the Time Value of Money

Accounting Tools: Payroll Accounting

Accounting Tools: Using Excel for Problems Involving Interest Calculations

Long-Term Liabilities Appendix Other Liabilities

Stockholders' Equity

Additional Topics in Financial Reporting

The Statement of Cash Flows Appendix Accounting Tools: A Work-Sheet Approach To The Statement of Cash Flows

Financial Statement Analysis Appendix: Reporting and Analyzing Other Income Statement Items Appendix Winnebago Industries Annual Report

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