Principles of Accounting: Tools for Business Decision Making, with Annual Report, Student Workbook, Vol. I ,

by Paul D. Kimmel (Univ. of Wisconsin-Milwaukee); Jerry J. Weygandt (Univ. of Wisconsin, Madison); Donald E. Kieso (Northern Illinois Univ.)

• ISBN13: 9780471476207
• ISBN10: 047147620X
• Edition: Workbook
• Format: Paperback
• Copyright: 2004-03-01
• Publisher: WILEY

Summary

This text helps students hit the road with a practical set of tools, and the confidence they need to use those tools effectively in making business decisions. The goal is to introduce a new Principles of Accounting text that better reflects a more conceptual and decision-making approach to the material.The authors have taken a new "macro- to micro-" approach to the Principles of Accounting course by starting with a discussion of real financial statements first, rather than starting with the Accounting Cycle (although the Accounting Cycle is thoroughly covered in Chapters 3 and 4). The objective is to establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. They motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future career.

Table of Contents

Introduction to Financial Statements

A Further Look at Financial Statements

The Accounting Information System

Accrual Accounting Concepts

Merchandising Operations and the Multiplle-Step Income Statement

Reporting and Analyzing Inventory

Internal Control and Cash

Reporting and Analyzing Receivables

Reporting and Analyzing Long-Lived Assets

Reporting and Analyzing Liabilities

Reporting and Analyzing Stockholders Equity

Reporting and Analyzing Investments

Statement of Cash Flows

Financial Statement Analysis

Managerial Accounting

Job Order Cost Accounting.A

Process Cost Accounting

Cost-Volume Profit Relationships

Budgetary Planning

Budgetary Control and Responsibility Accounting

Performance Evaluation Through Standard Costs

Incremental Analysis and Capital Budgeting

Specimen Financial Statements: Tootsie Roll Industries, Inc

Specimen Financial Statements: Hershey Foods Corporation

Time Value of Money

Payroll Accounting

Subsidiary Ledgers and Special Journals

Accounting for Sole Proprietorship

Accounting for Partnerships

Photo and Logo Credits

Company

Index

Subject Index

Table of Contents provided by Publisher. All Rights Reserved.