Table Of ContentCh 1: Business Decisions and Financial Accounting Ch 2: The Balance Sheet Ch 3: The Income Statement Ch 4: Adjustments, Financial Statements, And Financial Results Ch 5: Fraud, Internal Control, and Cash Ch 6: Merchandising Operations and the Multistep Income Statement Ch 7: Inventories and Cost of Goods Sold Ch 8: Receivables, Bad Debt Expense, and Interest Revenue Ch 9: Long-Lived Tangible and Intangible Assets Ch 10: Liabilities Ch 11: Stockholders' Equity Ch 12: Statement Cash Flows Ch 13: Measuring and Evaluating Financial Performance Appendix A: Excerpts from the Fiscal 2013 Annual Report of The Home Depot, Inc. Appendix B: Excerpts from the Fiscal 2013 Annual Report of Lowe's Companies, Inc. Appendix C: Present and Future Value Concepts Appendix D: Investments in Other Corporations
SynopsisFundamentals of Financial Accounting , presents an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favorite companies. Balance between preparer and user orientations is achieved throughout the book, by studying both the accounting activities that take place inside the company, as well as evaluating their impact on decisions, and users outside the company. Topic coverage is paced appropriately for students new to accounting, and is thoroughly reinforced every step of the way with an ample variety of innovative pedagogical tools. Clearly understandable, relevant, and accessible, FFA is simply the most student-friendly financial book on the market and provides the tools for students to grasp financial accounting from the ground up.