Accounting Concepts and Applications

by Albrecht; Stice; Stice; Skousen

• ISBN13: 9780324111705
• ISBN10: 0324111703
• Additional ISBN(s): 9780324187564
• Edition: 8th
• Format: Nonspecific Binding
• Copyright: 2001-07-06
• Publisher: ITP (Manual)
• More Book Details
• Purchase Benefits

Summary

Accounting: Concepts and Applications, 8E introduces its readers to basic accounting concepts, captures their interest with an abundance of real world examples, and provides them with some basic accounting knowledge. Then, it shows them how accounting is used and analyzed in actual case situations.-- The book contains numerous real-world examples, adapted from financial newspapers and business publications that illustrate important concepts being discussed, enabling the reader to see how the accounting topics are applied and interpreted in real-world situations.-- Most chapters are divided into two parts. The first part includes material that needs to be covered to understand essential accounting concepts, while the second part features "expanded material" dealing with nonessential topics or additional complexities to be covered at the readers discretion.-- There is a focus on business activities in this edition.

Table of Contents

Part f1 Financial Reporting and the Accounting Cycle
Accounting Information: Users and Uses	2	(28)
Financial Statements: An Overview	30	(48)
The Mechanics of Accounting	78	(52)
Completing the Accounting Cycle	130	(74)
Ensuring the Integrity of Financial Information	204	(32)
Part f2 Operating Activities
Selling a Product or a Service	236	(56)
Inventory	292	(58)
Completing the Operating Cycle	350	(44)
Part f3 Investing and Financing Activities
Investments in Property, Plant, and Equipment and in Intangible Assets	394	(60)
Long-Term Debt Financing	454	(56)
Equity Financing	510	(58)
Investments in Debt and Equity Securities	568
Part f4 Other Dimensions of Financial Reporting	4	(518)
The Statement of Cash Flows	616
Part m1 Foundations
Introduction to Management Accounting	2	(36)
Analyzing Cost-Volume-Profit Relationships	38	(66)
Product Cost Flows and Business Organizations	104	(78)
Part m2 Planning
Capital Investment Decisions	182	(50)
Operating Budgets	232	(66)
Part m3 Control
Traditional Cost Management	298	(46)
Management Accounting Information in the New Business Environment	344	(62)
Part m4 Evaluation
Evaluating Products and Processes	406	(50)
Evaluating Personnel and Divisions	456	(66)
Continuous Improvement in Management Accounting	522