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Full Description
Learn how today's managers, investors and other business stakeholders effectively use accounting information and reports to guide business success with Warren/Jones/Farmer's USING FINANCIAL ACCOUNTING. Designed as a one-term introduction for those with no previous accounting experience, this edition overviews basic financial accounting concepts without extraneous details. This book's spreadsheet approach focuses on the use of accounting information in business without the distraction of debits and credits. An integrated financial statement framework highlights how transactions impact each of the three primary financial statements: balance sheets, income statements and cash flow statements. Unique metrics analyses highlight transaction, financial statement and managerial decision-making information. In addition, special features and cases demonstrate the use of data analysis in financial accounting today. Optional CNOWv2 digital resources further support your financial accounting learning experience.
Contents
Chapter 1: Role of Accounting in Business
Chapter 2: Basic Accounting Systems: Cash Basis
Chapter 3: Basic Accounting Systems: Accrual Basis
Chapter 4: Accounting for Retail Operations
Chapter 5: Internal Control and Cash
Chapter 6: Accounts Receivables
Chapter 7: Inventories
Chapter 8: Long-Term Operating Assets
Chapter 9: Liabilities
Chapter 10: Stockholders' Equity
Chapter 11: Statement of Cash Flows
Chapter 12: Financial Statement Analysis
Appendix A: Selected Topics
Topic 1: Investments
Topic 2: Foreign Currency Transactions
Topic 3: Corporate Taxes
Topic 4: Reporting Unusual Items and Comprehensive Income
Topic 5: Revenue Recognition
Topic 6: International Accounting Standards
Appendix B: Nike Annual Report (10-K)
Appendix C: Double-Entry Accounting Systems
Glossary
Index
