Synopses & Reviews
Give your students a solid overview of the basics in financial and managerial accounting with Warren's trusted SURVEY OF ACCOUNTING, Fourth Edition. The book's proven, non-procedural approach provides a simple, straightforward approach to learning accounting that emphasizes the relevance of accounting information and how managers, investors, and other business stakeholders use accounting reports. This straightforward approach ensures a thorough understanding of accounting and accounting systems, ideal for students who have no prior accounting experience. The innovative Integrated Financial Statement framework focuses on understanding the integrated nature of financial statements and the interrelationship among them. A new comprehensive example further illustrates the manufacturing processes, while the CengageNOW Express™ provides a straightforward homework solution that's ideal for your students' accounting success.
Synopsis
SURVEY OF ACCOUNTING, 5E provides an overview of the basic topics for financial and managerial accounting, without emphasizing the use of debits and credits. Written for students who have no prior knowledge of accounting, this text emphasizes how accounting reports are used by managers, investors, and other business stakeholders. The unique Integrated Financial Statement Framework shows how transactions impact the three primary financial statements, showing the integrated nature of accounting. The Fifth Edition offers CengageNOW to help you complete homework and track your progress online.
Synopsis
SURVEY OF ACCOUNTING 3e, is designed for a one-term introductory accounting course. It provides an overview of the basic topics in financial and managerial accounting, without the extraneous accounting principles topics that must be skipped or otherwise modified to fit into a one-term course. Written for students who have no prior knowledge of accounting, the text emphasizes how accounting reports are used by managers, investors, and other business stakeholders.
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.
Table of Contents
1. The Role of Accounting in Business. 2. Basic Accounting Concepts. 3. Accrual Accounting Concepts. 4. Accounting for Merchandise Businesses. 5. Internal Control and Cash. 6. Receivables and Inventories. 7. Fixed Assets and Intangible Assets. 8. Liabilities and Stockholders' Equity. 9. Financial Statement Analysis. 10. Accounting Systems for Manufacturing Businesses. 11. Cost Behavior and Cost-Volume Profit Analysis. 12. Differential Analysis and Product Pricing. 13. Budgeting and Standard Cost Systems. 14. Performance Evaluation for Decentralized Operations. 15. Capital Investment Analysis. Appendix A: Double-Entry Accounting Systems. Appendix B: Process Cost Systems.