For courses in Financial and Managerial Accounting.
Expanding on proven success with Horngren's financial and managerial accounting
Horngren’s Financial and Managerial Accounting, The Financial Chapters presents the core content of principles of accounting courses in a fresh format designed to help today’s learners succeed. As teachers first, the author team knows the importance of delivering a student experience free of obstacles. Their pedagogy and content uses leading methods in teaching students critical foundational topics and concentrates on improving student results--all tested in class by the authors themselves. With this in mind, the 6th Edition continues to focus on readability and student comprehension.
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1. Accounting and the Business Environment
2. Recording Business Transactions
3. The Adjusting Process
4. Completing the Accounting Cycle
5. Merchandising Operations
6. Merchandise Inventory
7. Internal Control and Cash
8. Receivables
9. Plant Assets, Natural Resources, and Intangibles
10. Investments
11. Current Liabilities and Payroll
12. Long-Term Liabilities
13. Stockholders' Equity
14. The Statement of Cash Flows
15. Financial Statement Analysis
APPENDIX A: Present Value Tables and Future Value Tables
APPENDIX B: Accounting Information Systems
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This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content that is especially relevant to students outside the United States.
About the book
Coverage of the latest accounting trends and issues
· NEW! Discussion on:
o Why accounting is important to non-accounting majors;
o How to calculate interest for notes receivable and payable;
o How sensitivity analysis can be used and the differences between predicted cost behavior versus actual management behavior;
o Credit card sales;
o Future value, including determining the future value of a lump sum and of an annuity; and
o Types of budgets, including participative, zero-based, and continuous ones.
· UPDATED! and REVISED! Coverage on/presentation of:
o The revenue recognition principle for the newly released standard;
o Use of the classified balance sheet as a requirement for end-of-chapter problems;
o The balance sheet to reflect Property, Plant, and Equipment (vs. Plant Assets);
o Interest calculations that use a 365-day year (vs. 360-) to better reflect how actual lenders calculate interest;
o An income statement to reflect Other Income and (Expenses)--better reflecting how actual income statements are presented;
o Estimating bad debts to help students understand why the Allowance for Bad Debts account may have either a debit or credit unadjusted balance due to previously overestimated/underestimated adjustments;
o Sales of merchandise to reflect the newly released revenue recognition standard, including reporting sales on account at the net amount and introduction of the Sales Discounts Forfeited account;
o Debt and equity securities to reflect newly released financial instrument standard including the elimination of trading investments (equity) and available-for-sale investments (equity);
o Payroll for consistency with current payroll laws;
o Performance reports using static budgets, including the advantages and disadvantages.
· NEW! Problem has students complete a trend analysis and ratios to analyze a company for its investment potential.
· NEW! Section to illustrate how companies record the payment of payroll liabilities.
· NEW! Appendix (5A) discusses multiple performance obligations.
Integrate pedagogy with concepts and practical applications
· NEW! Using Excel. This end-of-chapter problem introduces students to Excel to solve common accounting problems as they would in the business environment.
· NEW! Tying It All Together feature ties together key concepts from the chapter using the company highlighted in the chapter opener. The in-chapter box feature presents scenarios and questions that the company could face and focuses on the decision-making process. The end-of-chapter business case helps students synthesize the concepts of the chapter and reinforce critical thinking.
· NEW! A Continuing Problem starts in Chapter 1 and runs through the financial chapters.
· Effects on the Accounting Equation illustrations help students see connections between transactions, as well as how transactions fit into the big picture. Located next to every journal entry, they reinforce the connections between recording a transaction and the effect those transactions have on the accounting equation.
· Instructor Tips & Tricks throughout the text mimic the experience of having an experienced teacher walk a student through concepts on the board. Many include
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About the book
Coverage of the latest accounting trends and issues
· Discussion on:
o Why accounting is important to non-accounting majors;
o How to calculate interest for notes receivable and payable;
o How sensitivity analysis can be used and the differences between predicted cost behavior versus actual management behavior;
o Credit card sales;
o Future value, including determining the future value of a lump sum and of an annuity; and
o Types of budgets, including participative, zero-based, and continuous ones.
· Coverage on/presentation of:
o The revenue recognition principle for the newly released standard;
o Use of the classified balance sheet as a requirement for end-of-chapter problems;
o The balance sheet to reflect Property, Plant, and Equipment (vs. Plant Assets);
o Interest calculations that use a 365-day year (vs. 360) to better reflect how actual lenders calculate interest;
o An income statement to reflect Other Income and (Expenses)--better reflecting how actual income statements are presented;
o Estimating bad debts to help students understand why the Allowance for Bad Debts account may have either a debit or credit unadjusted balance due to previously overestimated/underestimated adjustments;
o Sales of merchandise to reflect the newly released revenue recognition standard, including reporting sales on account at the net amount and introduction of the Sales Discounts Forfeited account;
o Debt and equity securities to reflect newly released financial instrument standard including the elimination of trading investments (equity) and available-for-sale investments (equity);
o Payroll for consistency with current payroll laws;
o Performance reports using static budgets, including the advantages and disadvantages.
· Problem has students complete a trend analysis and ratios to analyze a company for its investment potential.
· Section to illustrate how companies record the payment of payroll liabilities.
· Appendix (5A) discusses multiple performance obligations.
Integrate pedagogy with concepts and practical applications
· Using Excel. This end-of-chapter problem introduces students to Excel to solve common accounting problems as they would in the business environment.
· Tying It All Together feature ties together key concepts from the chapter using the company highlighted in the chapter opener. The in-chapter box feature presents scenarios and questions that the company could face and focuses on the decision-making process. The end-of-chapter business case helps students synthesize the concepts of the chapter and reinforce critical thinking.
· A Continuing Problem starts in Chapter 1 and runs through the financial chapters.
End-of-chapter review and summary problems
· Comprehensive Problem for Chapters 5 and 6 covers the entire accounting cycle for a merchandise company, including analysis.
· Comprehensive Problem for Chapters 7-9 covers cash, receivables, and long-term assets transactions and analysis.
· Comprehensive Problem for Chapters 11-13 covers payroll, other current liabilities, long-term liabilities, and stockholders’ equity transactions and analysis.
Also available with MyLab Accounting
MyLab™ Accounting is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment,
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Produktdetaljer
ISBN
9781292234403
Publisert
2018
Utgave
6. utgave
Utgiver
Pearson Education Limited
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
972