Synopses & Reviews
With the thirteenth edition of Financial and Managerial Accounting: A Basis for Business Decisions, the Williams author team carries on the tradition of building a solid foundation for students learning basic accounting concepts. Through the revision, the authors have further refined the financial accounting topics, while slightly expanding the managerial accounting material to provide even more balance coverage in this already 50/50 split text. Hallmarks of the text, including the solid Accounting Cycle Presentation, relevant pedagogy, and high quality, end-of-chapter material have all been updated and enhanced through the revision. In addition, some important accounting software, including My Mentor and McGraw-Hill Homework Manager, have been integrated with the text to make the best use of students study time.
About the Author
Jan R. Williams is a professor at the University of Tennessee. Susan F. Haka is a professor at Michigan State University. Mark S. Bettner is a professor at Bucknell University.
Table of Contents
1.Accounting Information for Decision Making2.Basic Financial Statements3.The Accounting Cycle: Capturing Economic Events4.The Accounting Cycle: Accruals and Defferals5.The Accounting Cycle: Reporting Financial ResultsComprehensive Problem 1. West Branch Rent ALL6.Merchandising Activities7.Financial Assets8.Inventories and the Cost of Goods SoldCComprehensive Problem 2. Guitar Universe, Inc.9.Plant and Intangible Assets10.Liabilities11.Stockholders' Equity: Paid-in Capital12.Income and Changes in Retained Earnings13.Statement of Cash Flows14.Financial Statement AnalysisComprehensive Problem 3. Tootsie Roll Industries, Inc.15.Global Business and Accounting16.Management Accounting: A Business Partner17.Job Order Cost Systems and Overhead Allocations18.Process Cost Systems19.Costing and the Value Chain20.Cost-Volume-Profit Analysis21.Incremental AnalysisComprehensive Problem 4. Glister Company22.Responsibility Accounting and Transfer Pricing23.Operational Budgeting24.Standard Cost Systems25.Rewarding Business PerformanceComprehensive Problem 5. Utease Corporation26.Capital BudgetingAppendix A: Annual Report of Tootsie Roll Industries 2002Appendix B: Time Value of Money: Future Amounts and Present ValuesAppendix C:Forms of Business Organizations