A revision of Financial Accounting and Reporting, this text is suitable for an introductory financial accounting course at either the undergraduate or MBA level. The book assumes no prior financial accounting exposure on the part of the student. The book does assume that the instructor is interested in positioning financial accounting as an important element in managing a business enterprise and in communicatiing that enterprise's performance to interested constituencies. The text adopts a business-context, user-orientation outlook as a central emphasis and places moderate emphasis on the procedural aspects of financial accounting.
At either the undergraduate or the MBA level, instructors have the flexibility to pitch their use of the text with some slight alterations to the basic emphases. They can do this through their selection of end of chapter assignments. These assignments provide an array of choices, from the purely conceptual to the purely procedural, and in between. Moreover, instructors can go into more of the technical details of a topic if they choose by incorporating the chapter appendices.
목차 Part I - Overview of Accounting and Financial Statements
Chapter 1 - Accounting as the Language of Business
Chapter 2 - There is More to Accounting than Meets the Eye
Chapter 3 - The Accounting Process
Part II - Using and Understanding the Basic Financial Statements
Chapter 4 - The Balance Sheet
Chapter 5 - The Income Statement
Chapter 6 - The Statement of Cash Flows
Chapter 7 - Analyzing and Understanding Corporate Financial Reports
Part III - Measuring and Reporting Assets and Equities Using Generally Accepted Accounting Principles
Chapter 8 - Trade Receivables and Marketable Securities
Chapter 9 - Inventories and the Cost of Goods Sold
Chapter 10 - Active Investments and Business Combinations
Chapter 11 - Noncurrent Assets: Fixed Assets, Intangible Assets, and Natural Resources
Chapter 12 - Accounting for Liabilities: Basic Concepts, Payables, Accruals, and Interest-Bearing Debt
Chapter 13 - Leases, Retirement Benefits, and Deferred Income Taxes
