Accounting Concepts & Applications

by Albrecht, W. Steve; Stice, James D.; Stice, Earl K.; Skousen, K. Fred

• ISBN13: 9780324066692
• ISBN10: 0324066694
• Format: Hardcover
• Copyright: 2001-06-29
• Publisher: South-Western College Pub

Summary

The new edition of this dynamic text introduces readers to accounting concepts with numerous exciting and real examples from the U.S. and abroad. Readers gain basic accounting knowledge, with an emphasis on how accounting is used and analyzed in actual case situations.

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