Principles of Accounting-WIE

Principles of Accounting Description 'This text helps students hit the road with a practical set of tools, and the confidence they need to use those tools effectively in making business decisions. The goal is to introduce a new Principles of Accounting text that better reflects a more conceptual and decision-making approach to the material. The authors have taken a new ''macro- to micro-'' approach to the Principles of Accounting course by starting with a discussion of real financial statements first, rather than starting with the Accounting Cycle (although the Accounting Cycle is thoroughly covered in Chapters 3 and 4). The objective is to establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. They motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future career. 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 Multiplle-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 Liabilities. Chapter 11. Reporting and Analyzing Stockholders Equity. Chapter 12. Reporting and Analyzing Investments. Chapter 13. Statement of Cash Flows. Chapter 14. Financial Statement Analysis. Chapter 15. Managerial Accounting. Chapter 16. Job Order Cost Accounting.A Chapter 17. Process Cost Accounting. Chapter 18. Cost-Volume Profit Relationships. Chapter 19. Budgetary Planning. Chapter 20. Budgetary Control and Responsibility Accounting. Chapter 21. Performance Evaluation Through Standard Costs. Chapter 22. Incremental Analysis and Capital Budgeting. 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. Payroll Accounting. Appendix E. Subsidiary Ledgers and Special Journals. Appendix F. Accounting for Sole Proprietorship. Appendix G. Accounting for Partnerships. Photo and Logo Credits. Company Index. Subject Index