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Fundamentals of Financial Accounting, presents an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favorite companies. Balance between preparer and user orientations is achieved throughout the book, by studying both the accounting activities that take place inside the company, as well as evaluating their impact on decisions, and users outside the company. Topic coverage is paced appropriately for students new to accounting, and is thoroughly reinforced every step of the way with an ample variety of innovative pedagogical tools. Clearly understandable, relevant, and accessible, FFA is simply the most student-friendly financial book on the market and provides the tools for students to grasp financial accounting from the ground up.
Table of Contents
Ch 1: Business Decisions and Financial Accounting
Ch 2: The Balance Sheet
Ch 3: The Income Statement
Ch 4: Adjustments, Financial Statements, And Financial Results
Ch 5: Fraud, Internal Control, and Cash
Ch 6: Merchandising Operations and the Mutistep Income Statement
Ch 7: Inventories and Cost of Goods Sold
Ch 8: Receivables, Bad Debt Expense, and Interest Revenue
Ch 9: Long-Lived Tangible and Intangible Assets
Ch 10: Liabilities
Ch 11: Stockholders' Equity
Ch 12: Statement Cash Flows
Ch 13: Measuring and Evaluating Financial Performance
Appendix A: Excerpts from the Fiscal 2013 Annual Report of The Home Depot, Inc.
Appendix B: Excerpts from the Fiscal 2013 Annual Report of Lowe's Companies, Inc.