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Summary

Financial Accountinghelps readers "nail" the accounting cycle! Financial Accountinghelps readers "nail" the accounting cycle up front in order to increase success and retention later on. The concepts and mechanics readers learn in the critical 'accounting cycle' chapters are used consistently and repetitively-and with clear-cut details and explanations-throughout the remainder of the text, minimizing confusion. This edition features a new user-oriented approach along with many new problems, exercises, and analysis questions.

Table of Contents

Chapter 1: The Financial Statements
Chapter 2: Transaction Analysis
Chapter 3: Accrual Accounting & Income
Chapter 4: Internal Control & Cash
Chapter 5: Short-Term Investments & Receivables
Chapter 6: Inventory & Cost of Goods Sold
Chapter 7: Plant Assets, Natural Resources, & Intangibles
Chapter 8: Long-Term Investments & the Time Value of Money
Chapter 9: Liabilities
Chapter 10: Stockholders’ Equity
Chapter 11: The Income Statement, the Statement of Comprehensive Income, & the Statement of Stockholders’ Equity
Chapter 12: The Statement of Cash Flows
Chapter 13: Financial Statement Analysis

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