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Full Description
Gain a solid overview of the basic topics of financial and managerial accounting using a unique Integrated Financial Statement Framework with SURVEY OF ACCOUNTING, 8E -- written specifically for readers who have no prior knowledge of accounting. The book�s unique framework illustrates the impact of transactions on financial statements without the use of detailed rules and procedures involving debits and credits. This edition also incorporates Warren�s Metric Analysis to link transactions and management decisions to metrics that assess the financial condition and performance of businesses � demonstrating the impact of transactions and management decisions on the business.
Contents
1. The Role of Accounting in Business.
2. Basic Accounting Systems: Cash Basis
3. Basic Accounting Systems: Accrual Basis
4. Accounting for Merchandising Businesses.
5. Internal Control and Cash.
6. Receivables and Inventories.
7. Fixed Assets, Natural Resources, and Intangible Assets.
8. Liabilities and Stockholders� Equity.
9. Metric Analysis of Financial Statements.
10. Accounting for Manufacturing Operations
11. Cost-Volume-Profit Analysis.
12. Differential Analysis and Product Pricing.
13. Budgeting and Standard Costs
14. Performance Evaluation for Decentralized Operations.
15. Capital Investment Analysis.
Appendix A: Double-Entry Accounting Systems.
Appendix B: Process Cost Systems.