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Financial Accounting : Business Perspective

Financial Accounting : Business Perspective - 8th edition

ISBN13: 978-0970333353

Cover of Financial Accounting : Business Perspective 8TH 02 (ISBN 978-0970333353)
ISBN13: 978-0970333353
ISBN10: 0970333358
Cover type:
Edition/Copyright: 8TH 02
Publisher: Authors Academic Press
Published: 2002
International: No

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Financial Accounting : Business Perspective - 8TH 02 edition

ISBN13: 978-0970333353

R. Hermanson, Edwards, Herrmann, Sellers, Thomas and Wetzel

ISBN13: 978-0970333353
ISBN10: 0970333358
Cover type:
Edition/Copyright: 8TH 02
Publisher: Authors Academic Press

Published: 2002
International: No
Summary

As one of the best selling financial principles textbooks over the past 20 years, Financial Accounting: A Business Perspective, 8th Edition continues to provide students in the first financial accounting course an understanding of how to use accounting information to analyze business performance and make business decisions. We use annual reports of exciting real-life companies such as The Limited to illustrate many of the accounting concepts.

The 8th Edition has two important features distinguishing it from other traditional principles of financial accounting texts:

  • An accounting recruiting focus
  • Ancillary materials written by the textbook authors

Enrollment in the accounting option is declining nationwide. Studies have shown that many students choose the accounting option based on their experience in the accounting principles courses. In the 8th edition, Financial Accounting: A Business Perspective takes an active recruiting focus. Backgrounds on careers in accounting are provided at the beginning of every chapter stressing the importance and versatility of an accounting degree.

The ancillary materials are written entirely by the authors. This significantly reduces confusing or inconsistent test questions, homework solutions, or instructor resource materials ensuring a more seamless learning experience for students. Ancillary materials available for the 8th edition of Financial Accounting: A Business Perspective include: test bank, solutions manual, instructor resource manual, and student study guide.

Table of Contents

Part I Accounting: The Language of Business

1 Accounting and Its Use in Business Decisions

Part II Processing Information for Decisions and Establishing Accounting Policy

2 Recording Business Transactions
3 Adjustments for Financial Reporting
4 Completing the Accounting Cycle
5 Accounting Theory
6 Merchandising Transactions: Introduction to Inventories and the Classified Income Statement
7 Measuring and Reporting Inventories

Part III Management's Perspectives in Accounting for Resources

8 Control of Cash
9 Receivable and Payables
10 Property, Plant, and Equipment
11 Plant Asset Disposals, Natural Resources, and Intangible Assets

Part IV Sources of Equity Capital for Management's Use in Producing Revenue

12 Stockholders' Equity: Classes of Capital Stock
13 Corporations: Paid-in Capital, Retained Earnings, Dividends, and Treasury Stock
14 Stock Investments
15 Long-Term Financing: Bonds

Part V Analysis of Financial Statements: Using the Statement of Cash Flows

16 Analysis Using the Statement of Cash Flows
17 Analysis and Interpretation of Financial Statements

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