Fundamentals of Financial Accounting with Connect Access Card

by Phillips, Fred; Libby, Robert; Libby, Patricia

• ISBN13: 9780077757854
• ISBN10: 0077757858
• Edition: 4th
• Format: Package
• Copyright: 2012-09-29
• Publisher: McGraw-Hill Education

Summary

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

Chapter 1 Business Decisions and Financial Accounting

Chapter 2 The Balance Sheet

Chapter 3 The Income Statement

Chapter 4 Adjustments, Financial Statements, and Financial Results

Chapter 5 Financial Reporting and Analysis

Chapter 6 Internal Control, Cash and Merchandise Sales

Chapter 7 Inventories and Cost of Goods Sold

Chapter 8 Receivables, Bad Debt Expense, and Interest Revenue

Chapter 9 Long-Lived Tangible and Intangible Assets

Chapter 10 Liabilities

Chapter 11 Stockholders’ Equity

Chapter 12 The Statement of Cash Flows

Chapter 13 Measuring and Evaluating Financial Performance

Appendix A Excerpts from the Fiscal 2010 Annual Report of The Home Depot, Inc

Appendix B Excerpts from the Fiscal 2010 Annual Report of Lowe’s Companies, Inc

Appendix C Present and Future Value Concepts

Appendix D Investments in Other Corporations