Loose-Leaf Fundamental Financial Accounting Concepts

by Edmonds, Thomas; McNair, Frances; Olds, Philip

• ISBN13: 9780077405168
• ISBN10: 0077405161
• Edition: 7th
• Format: Loose-leaf
• Copyright: 2010-05-18
• Publisher: McGraw-Hill/Irwin

Summary

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

Fundamental Financial Accounting Concepts, 7th Edition

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

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