Financial and Managerial Accounting

by Weygandt, Jerry J.; Kimmel, Paul D.; Mitchell, Jill E.

• ISBN13: 9781119752622
• ISBN10: 1119752620
• Edition: 4th
• Format: Loose-leaf
• Copyright: 2020-11-17
• Publisher: Wiley

Summary

Financial and Managerial Accounting, 4^th Edition, provides students with a clear introduction to the fundamental financial and managerial concepts needed for anyone pursuing a career in accounting or business. Through a focus on accounting transactions, real-world industry examples, and robust assessment, students develop a solid understanding of how to apply accounting principles and techniques in practice.

By connecting the classroom to the business world with an emphasis on decision making and key data analysis skills appropriate at the introductory level, Financial and Managerial Accounting ensures students are more engaged and better prepared for careers as professionals in the modern business world.

Table of Contents

1 Accounting in Action 1-1

2 The Recording Process 2-1

3 Adjusting the Accounts 3-1

4 Completing the Accounting Cycle 4-1

5 Accounting for Merchandising Operations 5-1

6 Inventories 6-1

7 Fraud, Internal Control, and Cash 7-1

8 Accounting for Receivables 8-1

9 Plant Assets, Natural Resources, and Intangible Assets 9-1

10 Liabilities 10-1

11 Corporations: Organization, Stock Transactions, and Stockholders’ Equity 11-1

12 Statement of Cash Flows 12-1

13 Financial Analysis: The Big Picture 13-1

14 Managerial Accounting 14-1

15 Job Order Costing 15-1

16 Process Costing 16-1

17 Activity-Based Costing 17-1

18 Cost-Volume-Profit 18-1

19 Cost-Volume-Profit Analysis: Additional Issues 19-1

20 Incremental Analysis 20-1

21 Pricing 21-1

22 Budgetary Planning 22-1

23 Budgetary Control and Responsibility Accounting 23-1

24 Standard Costs and Balanced Scorecard 24-1

25 Planning for Capital Investments 25-1

APPENDICES

APPENDIX A Specimen Financial Statements: Apple Inc. A-1

APPENDIX B Specimen Financial Statements: PepsiCo, Inc. B-1

APPENDIX C Specimen Financial Statements: The Coca-Cola Company C-1

APPENDIX D Specimen Financial Statements: Amazon.com, Inc. D-1

APPENDIX E Specimen Financial Statements: Walmart Inc. E-1

APPENDIX F Specimen Financial Statements: Louis Vuitton F-1

APPENDIX G Time Value of Money G-1

APPENDIX H Reporting and Analyzing Investments H-1

COMPANY INDEX / SUBJECT INDEX I-1