Fundamental financial accounting concepts

Author(s)

Bibliographic Information

Fundamental financial accounting concepts

Thomas P. Edmonds, Frances M. McNair, Philip R. Olds ; Edward E. Milam, contributing author

McGraw-Hill/Irwin, c2013

8th ed

Available at  / 2 libraries

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Note

Previous ed.: c2011

Includes index

Description and Table of Contents

Description

Course: Fundamental Financial Accounting Concepts 8th Edition by Edmonds/McNair/Olds is ideal for the undergraduate introductory financial accounting course, specifically for those wanting to focus on the relationships between business events and financial statements. This text is also appealing to those instructors looking for a shorter text that focuses more on &#8220key" financial accounting concepts rather than rather than procedural details, and to those desiring a stronger user orientation in their course.Overview: Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorise seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The &#8220financial statements model" is a highly praised feature because it allows students to visualise the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).

Table of Contents

Chapter 1 An Introduction to AccountingSection 1: Collecting and Organizing InformationSection 2: Reporting InformationChapter 2 Accounting for Accruals and DeferralsSection 1: Accounting for AccrualsSection 2: Accounting for DeferralsChapter 3 The Double-Entry SystemChapter 4 Accounting for Merchandising BusinessesChapter 5 Accounting for InventoriesChapter 6 Internal Control and Accounting for CashChapter 7 Accounting for ReceivablesChapter 8 Accounting for Long-Term Operational AssetsChapter 9 Accounting for Current Liabilities and PayrollChapter 10 Accounting for Long-Term DebtChapter 11 Proprietorships, Partnerships, and CorporationsChapter 12 Statement of Cash FlowsChapter 13 Financial Statement Analysis 13-0 (ONLINE ONLY)Appendix A Accessing the EDGAR Database through the InternetAppendix B Portion of the Form 10-K for Target CorporationAppendix C Summary of Financial RadiosAppendix D Annual Report and Financial Statement Analysis ProjectsAppendix E Accounting for Investment SecuritiesAppendix F Time Value of MoneyGlossary

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Details

  • NCID
    BB09370101
  • ISBN
    • 9780078025365
  • LCCN
    2011037655
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    New York
  • Pages/Volumes
    xxxiv, 798 p.
  • Size
    29 cm
  • Classification
  • Subject Headings
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