Synopses & Reviews
The authors of FINANCIAL AND MANAGERIAL ACCOUNTING, 10E, understand that you need to find important information quickly. This textbook uses an integrated learning system to help you complete homework and lead you to accounting mastery. Building on the authors' proven approach, clear examples and high-impact writing guide you through the preparation of financial statements as the authors artfully provide a framework for understanding what accounting is all about and accounting's evolving role in business.
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Synopsis
Understand what accounting is all about and its evolving role in business with Warren and Reeve's FINANCIAL AND MANAGERIAL ACCOUNTING, the most successful higher education accounting text of all time. You'll use the preparation of financial statements as a framemark work for understand accounting and concepts and in the rocess you'll see how to use accounting to understand business.
About the Author
Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. Dr. Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. He focused his teaching efforts on principles of accounting and auditing. Dr. Warren received his PhD from Michigan State University and his BBA and MA from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including THE ACCOUNTING REVIEW, JOURNAL OF ACCOUNTING RESEARCH, JOURNAL OF ACCOUNTANCY, THE CPA JOURNAL, and AUDITING: A JOURNAL OF PRACTICE AND THEORY. Dr. Warren has served on numerous committees of the American Accounting Association, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors. He also has consulted with numerous companies and public accounting firms. His outside interests include playing handball, golfing, skiing, backpacking, and fly-fishing.Dr. James M. Reeve is Professor Emeritus of Accounting and Information Management at the University of Tennessee. Professor Reeve taught as part of the accounting faculty for twenty-five years after graduating with his PhD from Oklahoma State University. His teaching effort focused on undergraduate accounting principles and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Professor Reeve is very active in the Supply Chain Certification program, which is a major executive education and research effort of the college. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management. He has published over forty articles in academic and professional journals, including JOURNAL OF COST MANAGEMENT, JOURNAL OF MANAGEMENT ACCOUNTING RESEARCH, ACCOUNTING REVIEW, MANAGEMENT ACCOUNTING QUARTERLY, SUPPLY CHAIN MANAGEMENT REVIEW, and ACCOUNTING HORIZONS. He has consulted or provided training around the world for a variety of organizations, including Boeing, Procter and Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Professor Reeve plays golf and is involved in faith-based activities.
Table of Contents
1. Introduction to Accounting and Business 2. Analyzing Transactions 3. The Adjusting Process 4. Completing the Accounting Cycle 5. Accounting for Merchandising Businesses 6. Inventories 7. Sarbanes Oxley, Internal Controls, and Cash 8. Receivables 9. Fixed Assets and Intangible Assets 10. Current Liabilities and Payroll 11. Corporations: Organization, Capital Stock Transactions, and Dividends 12. Income Taxes, Unusual Income Items, and Investments in Stocks 13. Bonds Payable and Investments in Bonds 14. Statement of Cash Flows 15. Financial Statement Analysis 16. Introduction to Managerial Accounting 17. Job Order Costing 18. Process Cost Systems 19. Cost Behavior and Cost-Volume-Profit Analysis 20. Profit Reporting 21. Budgeting 22. Performance Evaluation Using Variances from Standard Costs 23. Performance Evaluation for Decentralized Operations 24. Differential Analysis and Product Pricing 25. Capital Investment Analysis 26. Cost Allocation and Activity-Based Costing 27. Cost Management for Just-in-Time Environments Appendix A: Interest Tables Appendix B: Reversing Entries Appendix C: Williams-Sonoma Annual Report