Fundamental Financial Accounting Concepts

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  • Edition: 7th
  • Format: Hardcover
  • Copyright: 2010-01-15
  • Publisher: McGraw-Hill Education
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Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The "financial statements model" is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).

Table of Contents

An Introduction to Accounting
Understanding the Accounting Cycle
The Double-Entry Accounting System
Accounting for Merchandising Businesses
Accounting for Inventories
Internal Control and Accounting for Cash
Accounting for Receivables
Accounting for Long-Term Operational Assets
Accounting for Current Liabilities and Payroll
Accounting for Long-Term Debt
Proprietorships, Partnerships, and Corporations
Statement of Cash Flow
(Online) Financial Statement Analysis
Accessing the EDGAR Database through the Internet
Portion of the Form 10-K for Target Corporation
Summary of Financial Ratios
Annual Report and Financial Statement Analysis Project
Accounting for Investment Securities
Time Value of Money
Table of Contents provided by Publisher. All Rights Reserved.

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