Atnaujinkite slapukų nuostatas

Financial Accounting with Connect Plus 16th ed. [Knyga]

4.01/5 (149 ratings by Goodreads)
(Michigan State U East Lansing), (Bucknell University), (Univ of Tennessee Knoxville), (Michigan State U East Lansing)
  • Formatas: Book, aukštis x plotis x storis: 282x224x30 mm, weight: 1701 g
  • Išleidimo metai: 28-Mar-2014
  • Leidėjas: Irwin/McGraw-Hill
  • ISBN-10: 1259284883
  • ISBN-13: 9781259284885
Kitos knygos pagal šią temą:
Financial Accounting with Connect Plus 16th ed.Didesnis paveikslėlis
  • Formatas: Book, aukštis x plotis x storis: 282x224x30 mm, weight: 1701 g
  • Išleidimo metai: 28-Mar-2014
  • Leidėjas: Irwin/McGraw-Hill
  • ISBN-10: 1259284883
  • ISBN-13: 9781259284885
Kitos knygos pagal šią temą:
Pastovi nuoroda: https://www.kriso.lt/db/9781259284885.html
While many texts characterize themselves as having either a “user” approach or a “preparer” approach, Williams’ Financial Accounting is written for faculty who want to strike a balance between these approaches. Business majors will find relevance in the “Ethics, Fraud & Corporate Governance,” “Your Turn” and “Case in Point” boxes throughout the chapters while accounting majors will receive a firm grounding in accounting basics that will prepare them for their intermediate course. A unique feature is the multimedia companion, My Mentor. This text-specific technology resource (available free on the book’s website) uses video clips, animated graphics, PowerPoints and Excel templates to demonstrate accounting concepts visually. This allows students to link concepts and numbers together in an interactive rather than print environment.
1 Accounting: Information For Decision Making
Accounting Information: A Means to an End
4(2)
Accounting from a User's Perspective
5(1)
Types of Accounting Information
5(1)
Accounting Systems
6(4)
Determining Information Needs
7(1)
The Cost of Producing Accounting Information
8(1)
Basic Functions of an Accounting System
8(1)
Who Designs and Installs Accounting Systems?
8(1)
Components of Internal Control
8(2)
Financial Accounting Information
10(4)
External Users of Accounting Information
10(1)
Objectives of External Financial Reporting
10(3)
Characteristics of Externally Reported Information
13(1)
Management Accounting Information
14(3)
Users of Internal Accounting Information
14(1)
Objectives of Management Accounting Information
15(1)
Characteristics of Management Accounting Information
16(1)
Integrity of Accounting Information
17(7)
Institutional Features
17(3)
Professional Organizations
20(2)
Competence, Judgment, and Ethical Behavior
22(2)
Careers in Accounting
24(3)
Public Accounting
24(1)
Management Accounting
25(1)
Governmental Accounting
25(1)
Accounting Education
26(1)
What about Bookkeeping?
26(1)
Accounting as a Stepping-Stone
26(1)
But What about Me? I'm Not an Accounting Major
26(1)
Ethics, Fraud, & Corporate Governance
27(1)
Concluding Remarks
27(2)
End-of-Chapter Review
29(3)
Assignment Material
32(8)
2 Basic Financial Statements
Introduction to Financial Statements
40(1)
A Starting Point: Statement of Financial Position
41(10)
Assets
42(2)
Liabilities
44(1)
Owners' Equity
45(1)
The Accounting Equation
45(1)
The Effects of Business Transactions: An Illustration
46(4)
Effects of These Business Transactions on the Accounting Equation
50(1)
Income Statement
51(2)
Statement of Cash Flows
53(1)
Relationships among Financial Statements
54(3)
Financial Analysis and Decision Making
57(1)
Forms of Business Organization
57(2)
Sole Proprietorships
57(1)
Partnerships
58(1)
Corporations
58(1)
Reporting Ownership Equity in the Statement of Financial Position
58(1)
The Use of Financial Statements by External Parties
59(2)
The Need for Adequate Disclosure
60(1)
Management's Interest in Financial Statements
60(1)
Ethics, Fraud, & Corporate Governance
61(1)
Concluding Remarks
62(1)
End-of-Chapter Review
63(3)
Assignment Material
66(22)
3 The Accounting Cycle: Capturing Economic Events
The Accounting Cycle
88(1)
The Role of Accounting Records
88(1)
The Ledger
88(1)
The Use of Accounts
89(1)
Debit and Credit Entries
89(2)
Double-Entry Accounting---The Equality of Debits and Credits
90(1)
The Journal
91(1)
Posting Journal Entries to the Ledger Accounts (and How to "Read" a Journal Entry)
92(1)
Recording Balance Sheet Transactions: An Illustration
92(4)
Ledger Accounts after Posting
96(2)
What Is Net Income?
98(4)
Retained Earnings
98(1)
The Income Statement: A Preview
98(2)
Revenue
100(1)
Expenses
100(2)
The Accrual Basis of Accounting
102(1)
Debit and Credit Rules for Revenue and Expenses
102(1)
Dividends
103(1)
Recording Income Statement Transactions: An Illustration
103(6)
The Journal
109(1)
February's Ledger Balances
109(2)
The Trial Balance
111(1)
Uses and Limitations of the Trial Balance
112(1)
Concluding Remarks
112(1)
The Accounting Cycle in Perspective
112(1)
Ethics, Fraud, & Corporate Governance
113(1)
End-of-Chapter Review
114(5)
Assignment Material
119(23)
4 The Accounting Cycle: Accruals And Deferrals
Adjusting Entries
142(14)
The Need for Adjusting Entries
142(1)
Types of Adjusting Entries
142(1)
Adjusting Entries and Timing Differences
143(1)
Characteristics of Adjusting Entries
143(2)
Year-End at Overnight Auto Service
145(1)
Converting Assets to Expenses
145(3)
The Concept of Depreciation
148(3)
Converting Liabilities to Revenue
151(1)
Accruing Unpaid Expenses
152(2)
Accruing Uncollected Revenue
154(1)
Accruing Income Taxes Expense: The Final Adjusting Entry
155(1)
Adjusting Entries and Accounting Principles
156(4)
The Concept of Materiality
157(1)
Effects of the Adjusting Entries
158(2)
Concluding Remarks
160(1)
Ethics, Fraud, & Corporate Governance
161(1)
End-of-Chapter Review
162(5)
Assignment Material
167(27)
5 The Accounting Cycle: Reporting Financial Results
Preparing Financial Statements
194(4)
The Income Statement
194(3)
The Statement of Retained Earnings
197(1)
The Balance Sheet
197(1)
Relationships among the Financial Statements
198(2)
Drafting the Notes That Accompany Financial Statements
198(1)
What Types of Information Must Be Disclosed?
199(1)
Closing the Temporary Accounts
200(4)
Closing Entries for Revenue Accounts
201(1)
Closing Entries for Expense Accounts
202(1)
Closing the Income Summary Account
203(1)
Closing the Dividends Account
203(1)
Summary of the Closing Process
204(1)
After-Closing Trial Balance
205(1)
A Last Look at Overnight: 2015 Was a Good Year?
205(1)
Financial Analysis and Decision Making
206(2)
Preparing Financial Statements Covering Different Periods of Time
207(1)
Ethics, Fraud, & Corporate Governance
208(1)
Concluding Remarks
208(1)
Supplemental Topic: The Worksheet
209(4)
Isn't This Really a Spreadsheet?
209(1)
How Is a Worksheet Used?
209(1)
The Mechanics: How It's Done
209(3)
What If: A Special Application of Worksheet Software
212(1)
End-of-Chapter Review
213(4)
Assignment Material
217(26)
Comprehensive Problem 1 Susquehanna Equipment Rentals
243(5)
6 Merchandising Activities
Merchandising Companies
248(3)
The Operating Cycle of a Merchandising Company
248(1)
Income Statement of a Merchandising Company
249(1)
Accounting System Requirements for Merchandising Companies
250(1)
Two Approaches Used in Accounting for Merchandise Inventories
251(1)
Perpetual Inventory Systems
251(3)
Taking a Physical Inventory
253(1)
Closing Entries in a Perpetual Inventory System
254(1)
Periodic Inventory Systems
254(5)
Operation of a Periodic Inventory System
254(1)
Closing Process in a Periodic Inventory System
255(2)
Comparison of Perpetual and Periodic Inventory Systems
257(1)
Selecting an Inventory System
258(1)
Transactions Relating to Purchases
259(3)
Credit Terms and Cash Discounts
259(2)
Returns of Unsatisfactory Merchandise
261(1)
Transportation Costs on Purchases
261(1)
Transactions Relating to Sales
262(2)
Sales Returns and Allowances
262(1)
Sales Discounts
263(1)
Delivery Expenses
263(1)
Accounting for Sales Taxes
264(1)
Modifying an Accounting System
264(1)
Special Journals Provide Speed and Efficiency
264(1)
Financial Analysis and Decision Making
265(1)
Ethics, Fraud, & Corporate Governance
266(1)
Concluding Remarks
266(1)
End-of-Chapter Review
267(4)
Assignment Material
271(19)
7 Financial Assets
How Much Cash Should a Business Have?
290(1)
The Valuation of Financial Assets
290(1)
Cash
291(6)
Reporting Cash in the Balance Sheet
291(1)
Cash Management
292(1)
Internal Control over Cash
292(1)
Bank Statements
293(1)
Reconciling the Bank Statement
293(4)
Short-Term Investments
297(1)
Accounting for Marketable Securities
298(2)
Purchase of Marketable Securities
298(1)
Recognition of Investment Revenue
298(1)
Sale of Investments
298(1)
Adjusting Marketable Securities to Market Value
299(1)
Accounts Receivable
300(9)
Internal Control over Receivables
301(1)
Uncollectible Accounts
301(2)
The Allowance for Doubtful Accounts
303(1)
Writing Off an Uncollectible Account Receivable
303(1)
Monthly Estimates of Credit Losses
304(2)
Recovery of an Account Receivable Previously Written Off
306(1)
Direct Write-Off Method
307(1)
Factoring Accounts Receivable
307(1)
Credit Card Sales
308(1)
Notes Receivable and Interest Revenue
309(2)
Nature of Interest
309(1)
Accounting for Notes Receivable
310(1)
Financial Analysis and Decision Making
311(2)
Ethics, Fraud, & Corporate Governance
313(1)
Concluding Remarks
313(1)
End-of-Chapter Review
314(4)
Assignment Material
318(24)
8 Inventories And The Cost Of Goods Sold
Inventory Defined
342(1)
The Flow of Inventory Costs
342(9)
Which Unit Did We Sell?
343(1)
Data for an Illustration
343(1)
Specific Identification
344(1)
Cost Flow Assumptions
344(1)
Average-Cost Method
344(1)
First-In, First-Out Method
345(1)
Last-In, First-Out Method
346(1)
Evaluation of the Methods
347(2)
Do Inventory Methods Really Affect Performance?
349(1)
The Principle of Consistency
349(1)
Just-in-Time (JIT) Inventory Systems
349(2)
Taking a Physical Inventory
351(9)
Recording Shrinkage Losses
351(1)
LCM and Other Write-Downs of Inventory
351(1)
The Year-End Cutoff of Transactions
352(1)
Periodic Inventory Systems
353(3)
International Financial Reporting Standards
356(1)
Importance of an Accurate Valuation of Inventory
357(1)
Techniques for Estimating the Cost of Goods Sold and the Ending Inventory
358(1)
The Gross Profit Method
358(1)
The Retail Method
359(1)
"Textbook" Inventory Systems Can Be Modified ... They Often Are
359(1)
Financial Analysis and Decision Making
360(1)
Ethics, Fraud, & Corporate Governance
361(1)
Concluding Remarks
361(1)
End-of-Chapter Review
362(3)
Assignment Material
365(18)
Comprehensive Problem 2 Music-Is-Us. Inc.
383(5)
9 Plant And Intangible Assets
Plant Assets as a "Stream of Future Services"
388(1)
Major Categories of Plant Assets
388(1)
Accountable Events in the Lives of Plant Assets
388(1)
Acquisitions of Plant Assets
388(3)
Determining Cost: An Example
389(1)
Some Special Considerations
389(1)
Capital Expenditures and Revenue Expenditures
390(1)
Depreciation
391(8)
Allocating the Cost of Plant and Equipment over the Years of Use
391(1)
Causes of Depreciation
392(1)
Methods of Computing Depreciation
392(1)
The Straight-Line Method
393(2)
The Declining-Balance Method
395(2)
Which Depreciation Methods Do Most Businesses Use?
397(1)
Financial Statement Disclosures
398(1)
The Impairment of Plant Assets
399(1)
Other Depreciation Methods
399(1)
The Units-of-Output Method
399(1)
MACRS
400(1)
Sum-of-the-Years' Digits
400(1)
Decelerated Depreciation Methods
400(1)
Depreciation Methods in Use: A Survey
400(1)
Disposal of Plant and Equipment
400(3)
Gains and Losses on the Disposal of Plant and Equipment
401(1)
Trading in Used Assets for New Ones
402(1)
International Financial Reporting Standards
402(1)
Intangible Assets
403(4)
Characteristics
403(1)
Operating Expenses versus Intangible Assets
403(1)
Amortization
403(1)
Goodwill
403(3)
Patents
406(1)
Trademarks and Trade Names
406(1)
Franchises
406(1)
Copyrights
407(1)
Other Intangibles and Deferred Charges
407(1)
Research and Development (R&D) Costs
407(1)
Financial Analysis and Decision Making
407(1)
Natural Resources
408(1)
Accounting for Natural Resources
408(1)
Depreciation, Amortization, and Depletion---A Common Goal
409(1)
Plant Transactions and the Statement of Cash Flows
409(1)
Ethics, Fraud, & Corporate Governance
410(1)
Concluding Remarks
410(1)
End-of-Chapter Review
411(3)
Assignment Material
414(18)
10 Liabilities
The Nature of Liabilities
432(1)
Current Liabilities
433(4)
Accounts Payable
433(1)
Notes Payable
433(1)
The Current Portion of Long-Term Debt
434(1)
Accrued Liabilities
435(1)
Payroll Liabilities
435(2)
Unearned Revenue
437(1)
Long-Term Liabilities
437(16)
Maturing Obligations Intended to Be Refinanced
437(1)
Installment Notes Payable
438(2)
Bonds Payable
440(1)
What Are Bonds?
440(2)
Tax Advantage of Bond Financing
442(1)
Accounting for Bonds Payable
442(2)
Bonds Issued at a Discount or a Premium
444(1)
Accounting for a Bond Discount: An Illustration
445(2)
Accounting for a Bond Premium: An Illustration
447(3)
Bond Discount and Premium in Perspective
450(1)
The Concept of Present Value
450(1)
Bond Prices after Issuance
451(1)
Early Retirement of Bonds Payable
452(1)
Estimated Liabilities, Loss Contingencies, and Commitments
453(1)
Estimated Liabilities
453(1)
Loss Contingencies
453(1)
Commitments
454(1)
Evaluating the Safety of Creditors' Claims
454(2)
Methods of Determining Creditworthiness
455(1)
How Much Debt Should a Business Have?
455(1)
Financial Analysis and Decision Making
456(1)
Ethics, Fraud, & Corporate Governance
457(1)
Special Types of Liabilities
457(130)
Lease Payment Obligations
457(1)
Operating Leases
457(1)
Capital Leases
458(128)
Some Strategies for Permanent Improvements in Cash Flow
586(1)
Ethics, Fraud, & Corporate Governance
587(1)
A Worksheet for Preparing a Statement of Cash Flows
587(4)
Data for an Illustration
587(1)
The Worksheet
588(2)
Entry
590(1)
Concluding Remarks
591(2)
End-of-Chapter Review
593(5)
Assignment Material
598(26)
14 Financial Statement Analysis
Financial Statements Are Designed for Analysis
624(1)
Tools of Analysis
625(4)
Dollar and Percentage Changes
625(1)
Trend Percentages
626(1)
Component Percentages
627(1)
Ratios
627(1)
Standards of Comparison
627(1)
Quality of Earnings
628(1)
Quality of Assets and the Relative Amount of Debt
629(1)
Measures of Liquidity and Credit Risk
629(5)
A Classified Balance Sheet
629(2)
Working Capital
631(1)
Current Ratio
631(1)
Quick Ratio
632(1)
Debt Ratio
632(1)
Evaluating Financial Ratios
632(2)
Liquidity, Credit Risk, and the Law
634(1)
Measures of Profitability
634(7)
Classifications in the Income Statement
635(1)
Multiple-Step Income Statements
636(2)
Earnings per Share
638(1)
Price-Earnings Ratio
638(1)
Single-Step Income Statements
639(1)
Evaluating the Adequacy of Net Income
639(1)
Return on Investment (ROI)
639(1)
Return on Assets (ROA)
640(1)
Return on Equity (ROE)
640(1)
Comprehensive Illustration: Seacliff Company
641(3)
Analysis by Common Stockholders
644(12)
Return on Investment (ROI)
646(1)
Leverage
647(1)
Analysis by Long-Term Creditors
648(1)
Analysis by Short-Term Creditors
648(4)
Cash Flow Analysis
652(1)
Usefulness of Notes to Financial Statements
653(1)
International Financial Reporting Standards
653(1)
Summary of Analytical Measurements
654(2)
Ethics, Fraud, & Corporate Governance
656(1)
Concluding Remarks
656(2)
End-of-Chapter Review
658(4)
Assignment Material
662(20)
Comprehensive Problem 4 Home Depot, Inc.
682(4)
15 Global Business And Accounting
Globalization
686(2)
Environmental Forces Shaping Globalization
688(3)
Political and Legal Systems
688(1)
Economic Systems
689(1)
Culture
689(1)
Technology and Infrastructure
690(1)
Harmonization of Financial Reporting Standards
691(2)
International Financial Reporting Standards: Adoption or Convergence
691(2)
Foreign Currencies and Exchange Rates
693(7)
Exchange Rates
693(1)
Accounting for Transactions with Foreign Companies
694(4)
Currency Fluctuations---Who Wins and Who Loses?
698(2)
Consolidated Financial Statements That Include Foreign Subsidiaries
700(1)
Global Sourcing
700(3)
Foreign Corrupt Practices Act
702(1)
Ethics, Fraud, & Corporate Governance
703(1)
Concluding Remarks
703(1)
End-of-Chapter Review
704(3)
Assignment Material
707
A HOME DEPOT 2012 FINANCIAL STATEMENTS'
B THETIMEVALUE OF MONEY: FUTURE AMOUNTS AND PRESENTVALUES
The Concept
1(1)
Relationships between Present Values and Future Amounts
1(1)
Compound Interest
2(1)
Applications of the Time Value of Money Concept
2(1)
Future Amounts
2(4)
The Tables Approach
3(1)
The Future Amount of an Annuity
4(2)
Interest Periods of Less Than One Year
6(1)
Present Values
6(4)
Using Present Value Tables
7(1)
What Is the Appropriate Discount Rate?
7(1)
The Present Value of an Annuity
8(2)
Discount Periods of Less Than One Year
10(1)
Valuation of Financial Instruments
10(4)
Interest-Bearing Receivables and Payables
10(1)
"Non-Interest-Bearing" Notes
10(2)
Market Prices of Bonds
12(1)
Capital Leases
13(1)
Obligations for Postretirement Benefits
14(1)
Assignment Material 14
Index 1