Cornerstones of Financial & Managerial Accounting

by Rich, Jay S.; Jones, Jefferson P.; Heitger, Dan L.; Mowen, Maryanne M.; Hansen, Don R.

• ISBN13: 9780324787351
• ISBN10: 0324787359
• Edition: 1st
• Format: Hardcover
• Copyright: 2009-03-02
• Publisher: Cengage Learning

Summary

Introduce your students to the primary concepts or "cornerstones" of accounting today with the breakthrough solution, CORNERSTONES OF FINANCIAL & MANAGERIAL ACCOUNTING. Written by recognized accounting authors and award-winning professors Jay Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, and Don Hansen, this unique text helps students build a strong foundation in core accounting concepts with an approach that mirrors the way today's readers study and use accounting texts. The book's distinctive Cornerstones pedagogy provides a consistent framework with step-by-step examples to help your students master fundamental accounting concepts. Students will develop critical problem-solving skills while understanding the relevance of accounting in business. Illustrations from well-known companies and corresponding video reinforcement ensures better results in your classroom. A comprehensive support package with the award-winning Aplia for Accounting online homework solution engages students and saves you time. Give your students a richer understanding of accounting and its impact on today's business environment with CORNERSTONES OF FINANCIAL & MANAGERIAL ACCOUNTING.

Table of Contents

Accounting and the Financial Statements

The Accounting Information System

Accrual Accounting

Internal Control and Cash

Sales and Receivables

Cost of Goods Sold and Inventory

Operating Assets Financial

Current and Contingent Liabilities

Long-Term Liabilities

Stockholders' Equity Financial

The Statement of Cash Flows

Financial Statement Analysis

Managerial Accounting Concepts and Decision-Making Support

Cost Behavior

Cost-Volume-Profit Analysis: A Managerial Planning Tool

Making the Connection: Cost Behavior and Cost-Volume-Profit Analysis for Many Glacier Hotel

Job-Order Costing

Process Costing

Activity-Based Costing & Management

Profit Planning

Standard Costing: A Managerial Control Tool

Making the Connection: Cost System Choices, Budgeting, and Variance Analyses for Sacred Heart Hospital

Flexible Budgets and Overhead Analysis

Performance Evaluation, Variable Costing, and Decentralization

Short-Run Decision Making: Relevant Costing and Inventory Management

Capital Investment Decisions

Relevant Costing, Cost-Based Pricing, Cost Behavior, and Net Present Value Analysis

Appendix Financial Statement Information: Abercrombie & Fitch

Appendix Financial Statement Information: Aeropostale

Appendix Time Value of Money

Appendix International Financial Reporting Standards

Glossary

Check Figures

Index

Table of Contents provided by Publisher. All Rights Reserved.