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Full Description
Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design. Libby/Libby/Short is the only financial accounting text to successfully implement a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.
Contents
Chapter 1Maxidrive Corporation Chapter 2: Investing and Financing Decisions and the Balance Sheet Focus company: Papa John's International Chapter 3: Operating Decisions and the Income Statement Focus company: Papa John's International Chapter 4: Adjustments, Financial Statements, and the Quality of Earnings Focus company: Papa John's International Chapter 5: Communicating and Interpreting Accounting Information Focus company: Callaway Golf Chapter 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash Focus company: Deckers Outdoor Corporation Chapter 7: Reporting and Interpreting Cost of Goods Sold and Inventory Focus company: Harley-Davidson, Inc. Chapter 8: Reporting and Interpreting Property, Plant, and Equipment; Natural Resources; and Intangibles Focus company: Southwest Airlines Chapter 9: Reporting and Interpreting Liabilities Focus company: Starbucks Chapter 10: Reporting and Interpreting Bonds Focus company: Burlington Northern Santa Fe Chapter 11: Reporting and Interpreting Owners' Equity Focus company: Kroger Chapter 12: Reporting and Interpreting Investments in Other Corporations Focus company: The Washington Post Company Chapter 13: Reporting and Interpreting Investments in Other Corporations Focus company: National Beverage Corp. Chapter 14: Analyzing Financial Statements Focus company: Home Depot Appendix A: Present and Future Value Tables Appendix B: American Eagle Outfitters Annual Report Appendix C: Pacific Sunwear 2004 Annual Report Appendix D: Industry Ratio Report
