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Full Description
While many texts characterize themselves as having either a "user" approach or a "preparer" approach, Williams' Financial Accounting is written for faculty who want to strike a balance between these approaches. Business majors will find relevance in the "Ethics, Fraud & Corporate Governance," "Your Turn" and "Case in Point" boxes throughout the chapters while accounting majors will receive a firm grounding in accounting basics that will prepare them for their intermediate course.
Contents
CH 1 AccountingCH 2 Basic Financial StatementsCH 3 The Accounting Cycle: Capturing Economic EventsCH 4 The Accounting Cycle: Accruals and DeferralsCH 5 The Accounting Cycle: Reporting Financial ResultsCOMPREHENSIVE PROBLEM 1: Susquehanna Equipment RentalsCH 6 Merchandising ActivitiesCH 7 Financial AssetsCH 8 Inventories and the Cost of Goods SoldCOMPREHENSIVE PROBLEM 2: Music-Is-Us, Inc.CH 9 Plant and Intangible AssetsCH 10 LiabilitiesCH 11 Stockholders' Equity: Paid-In CapitalCOMPREHENSIVE PROBLEM 3: Mountain Sports, Inc.CH 12 Income and Changes in Retained EarningsCH 13 Statement of Cash FlowsCH 14 Financial Statement AnalysisCOMPREHENSIVE PROBLEM 4: Home Depot, Inc.CH 15 Global Business and AccountingAPPENDIX A: Home Depot 2015 Financial StatementsAPPENDIX B: The Time Value of Money: Future Amounts and Present ValuesIndexNER(01): WOW