Synopses & Reviews
This exciting, practical introduction arms readers with a practical set of tools, and the confidence to use those tools effectively in making business decisions. It begins with a macro view of accounting information by presenting real financial statements. The authors clearly establish how a financial statement communicates the financing, operating, and investing activities of a business.
Table of Contents
Chapter 1. Introduction to Financial Statements.
Chapter 2. A Further Look at Financial Statements.
Chapter 3. The Accounting Information System.
Chapter 4. Accrual Accounting Concepts.
Chapter 5. Merchandising Operations and the Multiple-Step Income Statement.
Chapter 6. Reporting and Analyzing Inventory.
Chapter 7. Internal Control and Cash.
Chapter 8. Reporting and Analyzing Receivables.
Chapter 9. Reporting and Analyzing Long-Lived Assets.
Chapter 10. Reporting and Analyzing Liabilites.
Chapter 11. Reporting and Analyzing Stockholder's Equity.
Chapter 12. Statement of Cash Flows.
Chapter 13. Performance Measurement.
Appendix A. Specimen Financial Statements: Tootsie Roll Industries, Inc.
Appendix B. Specimen Financial Statements: Hershey Foods Corporation.
Appendix C. Time Value of Money.
Appendix D. Reporting and Analyzing Investments.
Photo and Logo Credits.