Atnaujinkite slapukų nuostatas

Financial and Managerial Accounting 7th ed. [Kietas viršelis]

3.59/5 (76 ratings by Goodreads)
, (Univ of Wisc Madison), (Nassau Community College)
  • Formatas: Hardback, 1216 pages, aukštis x plotis x storis: 282x224x43 mm, weight: 2359 g, Illustrations
  • Išleidimo metai: 08-Feb-2017
  • Leidėjas: McGraw Hill Higher Education
  • ISBN-10: 1259726703
  • ISBN-13: 9781259726705
Kitos knygos pagal šią temą:
Financial and Managerial Accounting 7th ed.Didesnis paveikslėlis
  • Formatas: Hardback, 1216 pages, aukštis x plotis x storis: 282x224x43 mm, weight: 2359 g, Illustrations
  • Išleidimo metai: 08-Feb-2017
  • Leidėjas: McGraw Hill Higher Education
  • ISBN-10: 1259726703
  • ISBN-13: 9781259726705
Kitos knygos pagal šią temą:
Pastovi nuoroda: https://www.kriso.lt/db/9781259726705.html
Raktažodžiai:

Building on the success of the best-selling Fundamental AccountingPrinciples text, authors John Wild, Ken W. Shaw, and Barbara Chiappetta createdFinancial and Managerial Accounting: Information for Decisions toprovide a corporate perspective and balanced coverage in this growing coursearea.  With its step-by-step approach, FinMan streamlines complexaccounting processes and helps students build confidence by mastering keyconcepts and procedures. Chapter opening vignettes using dynamic entrepreneurs appealto all students and show therelevance of accounting. Students are encouraged to think like a businessperson and apply what they learn. A widevariety of assignments provide instructors with materials to teach, assess, andchallenge students on several levels. Join your colleagues and the students thathave used this best-selling learning system to advance their education andcareers.

Preface v
1 Accounting in Business 2(50)
Importance of Accounting
4(3)
Users of Accounting Information
4(1)
Opportunities in Accounting
5(2)
Fundamentals of Accounting
7(5)
Ethics-A Key Concept
7(1)
Generally Accepted Accounting Principles
8(1)
International Standards
9(1)
Conceptual Framework
9(3)
Business Transactions and Accounting
12(6)
Accounting Equation
12(2)
Transaction Analysis
14(3)
Summary of Transactions
17(1)
Communicating with Users
18(8)
Income Statement
18(2)
Statement of Retained Earnings
20(1)
Balance Sheet
20(1)
Statement of Cash Flows
20(2)
Decision Anatris-Return on Assets
22(4)
Appendix 1A Return and Risk
26(1)
Appendix 1B Business Activities
26(24)
Global View
50(2)
2 Accounting for Business Transactions 52(46)
System of Accounts
54(4)
Source Documents
54(1)
The Account and Its Analysis
54(3)
Ledger and Chart of Accounts
57(1)
Double-Entry Accounting
58(2)
Debits and Credits
58(1)
Double-Entry System
59(1)
Analyzing and Processing Transactions
60(9)
Journalizing and Posting Transactions
60(3)
Processing Transactions-An Illustration
63(4)
Summarizing Transactions in a Ledger
67(2)
Trial Balance
69(5)
Preparing a Trial Balance
69(1)
Financial Statements Prepared from Trial Balance
70(4)
Decision Analysis-Debt Ratio
74(22)
Global View
96(2)
3 Adjusting Accounts for Financial Statements 98(70)
Timing and Reporting
100(2)
The Accounting Period
100(1)
Accrual Basis versus Cash Basis
100(1)
Recognizing Revenues and Expenses
101(1)
Framework for Adjustments
102(1)
Prepaid (Deferred) Expenses
102(5)
Prepaid Insurance
102(1)
Supplies
103(1)
Other Prepaid Expenses
104(1)
Depreciation
104(3)
Unearned (Deferred) Revenues
107(2)
Unearned Consulting Revenue
107(2)
Accrued Expenses
109(2)
Accrued Salaries Expense
109(1)
Accrued Interest Expense
110(1)
Accrued Revenues
111(3)
Accrued Services Revenue
112(1)
Accrued Interest Revenue
112(2)
Links to Financial Statements
114(1)
Trial Balance and Financial Statements
114(4)
Adjusted Trial Balance
114(1)
Preparing Financial Statements
115(3)
Closing Process
118(4)
Temporary and Permanent Accounts
118(1)
Recording Closing Entries
118(2)
Post-Closing Trial Balance
120(2)
Accounting Cycle
122(1)
Classified Balance Sheet
123(4)
Classification Structure
124(1)
Classification Categories
124(3)
Decision Analysis-Profit Margin and Current Ratio
127(4)
Appendix 3A Alternative Accounting for Prepayments
131(2)
Appendix 3B Work Sheet as a Tool
133(2)
Appendix 3C Reversing Entries
135(31)
Global View
166(2)
4 Accounting for Merchandising Operations 168(58)
Merchandising Activities
170(2)
Reporting Income for a Merchandiser
170(1)
Reporting Inventory for a Merchandiser
170(1)
Operating Cycle for a Merchandiser
171(1)
Inventory Systems
171(1)
Accounting for Merchandise Purchases
172(6)
Purchases without Cash Discounts
172(1)
Purchases with Cash Discounts
173(2)
Purchases with Returns and Allowances
175(1)
Purchases and Transportation Costs
176(2)
Accounting for Merchandise Sales
178(3)
Sales without Cash Discounts
178(1)
Sales with Cash Discounts
179(1)
Sales with Returns and Allowances
180(1)
Adjusting and Closing for Merchandisers
181(4)
Adjusting Entries for Merchandisers
182(1)
Preparing Financial Statements
183(1)
Closing Entries for Merchandisers
183(1)
Summary of Merchandising Entries
183(2)
More on Financial Statement Formats
185(4)
Multiple-Step Income Statement
185(1)
Single-Step Income Statement
186(1)
Classified Balance Sheet
187(2)
Decision Analysis-Acid-Test and Gross Margin Ratios
189(5)
Appendix 4A Accounting under the Periodic System
194(4)
Appendix 4B Work Sheet-Perpetual System
198(1)
Appendix 4C Adjusting Entries under New Revenue Recognition Rules
199(3)
Appendix 4D Accounting under the Net Method
202(22)
Global View
224(2)
5 Inventories and Cost of Sales 226(50)
Inventory Basics
228(1)
Determining Inventory Items
228(1)
Determining Inventory Costs
228(1)
Internal Controls and Taking a Physical Count
228(1)
Inventory Costing under a Perpetual System
229(9)
Inventory Cost Flow Assumptions
230(1)
Inventory Costing Illustration
230(1)
Specific Identification
231(1)
First-In, First-Out
232(1)
Last-In, First-Out
233(1)
Weighted Average
233(2)
Financial Statement Effects of Costing Methods
235(3)
Valuing Inventory at LCM and the Effects of Inventory Errors
238(4)
Lower of Cost or Market
238(1)
Financial Statement Effects of Inventory Errors
239(3)
Decision Analysis-Inventory Turnover and Days' Sales in Inventory
242(8)
Appendix 5A Inventory Costing under a Periodic System
250(4)
Appendix 6B Inventory Estimation Methods
254(21)
Global View
275(1)
6 Cash, Fraud, and Internal Controls 276(44)
Fraud and Internal Control
278(5)
Purpose of Internal Control
278(1)
Principles of Internal Control
278(2)
Technology, Fraud, and Internal Control
280(1)
Limitations of Internal Control
281(2)
Control of Cash
283(7)
Cash, Cash Equivalents, and Liquidity
283(1)
Cash Management
283(1)
Control of Cash Receipts
284(1)
Control of Cash Disbursements
285(5)
Banking Activities as Controls
290(8)
Basic Bank Services
291(1)
Bank Statement
292(1)
Bank Reconciliation
293(5)
Decision Analysis-Days' Sales Uncollected
298(2)
Appendix 6A Documentation and Verification
300(78)
Global View
378
7 Accounting for Receivables 320(36)
Valuing Accounts Receivable
322(3)
Direct Write-Off Method
325(1)
Allowance Method
326(7)
Estimating Bad Debts
329(1)
Percent of Sales Method
329(1)
Percent of Receivables Method
330(1)
Aging of Receivables Method
331(2)
Notes Receivable
333(5)
Computing Maturity and Interest
334(1)
Recording Notes Receivable
335(1)
Valuing and Settling Notes
335(2)
Disposal of Receivables
337(1)
Decision Analysis-Accounts Receivable Turnover
338(18)
Global View 355,
8 Accounting for Long-Term Assets 356(44)
Section 1 Plant Assets
358(15)
Cost Determination
359(1)
Machinery and Equipment
359(1)
Buildings
359(1)
Land Improvements
359(1)
Land
359(1)
Lump-Sum Purchase
360(1)
Depreciation
360(8)
Factors in Computing Depreciation
361(1)
Depreciation Methods
361(5)
Partial-Year Depreciation
366(1)
Change in Estimates for Depreciation
366(1)
Reporting Depreciation
367(1)
Additional Expenditures
368(2)
Ordinary Repairs
369(1)
Betterments and Extraordinary Repairs
369(1)
Disposals of Plant Assets
370(3)
Discarding Plant Assets
370(1)
Selling Plant Assets
371(2)
Section 2 Natural Resources
373(1)
Cost Determination and Depletion
373(1)
Plant Assets Tied into Extracting
374(1)
Section 3 Intangible Assets
374(5)
Cost Determination and Amortization
375(1)
Types of Intangibles
375(4)
Decision Analysis-Total Asset Turnover
379(4)
Appendix 8A Exchanging Plant Assets
383(16)
Global View
399(1)
9 Accounting for Current Liabilities 400(46)
Known Liabilities
402(5)
Characteristics of Liabilities
402(2)
Accounts Payable
404(1)
Sales Taxes Payable
404(1)
Unearned Revenues
404(1)
Short-Term Notes Payable
405(2)
Payroll Liabilities
407(5)
Employee Payroll and Deductions
408(1)
Employer Payroll Taxes
409(1)
Internal Control of Payroll
410(1)
Multi-Period Known Liabilities
411(1)
Estimated Liabilities
412(3)
Health and Pension Benefits
412(1)
Vacation Benefits
412(1)
Bonus Plans
413(1)
Warranty Liabilities
413(1)
Multi-Period Estimated Liabilities
414(1)
Contingent Liabilities
415(2)
Accounting for Contingent Liabilities
415(1)
Applying Rules of Contingent Liabilities
415(11)
Uncertainties That Are Not Contingencies
426
Decision Analysis-Times Interest Earned Ratio
417(3)
Appendix 9A Payroll Reports, Records, and Procedures
420(6)
Appendix 9B Corporate Income Taxes
426(19)
Global View
445(1)
10 Accounting for Long-Term Liabilities 446(42)
Basics of Bonds
448(2)
Bond Financing
448(1)
Bond Trading
449(1)
Bond-Issuing Procedures
449(1)
Par Bonds
450(1)
Discount Bonds
451(3)
Bond Discount or Premium
451(1)
Issuing Bonds at a Discount
451(3)
Premium Bonds
454(4)
Issuing Bonds at a Premium
454(3)
Bond Retirement
457(1)
Long-Term Notes Payable
458(4)
Installment Notes
459(1)
Mortgage Notes and Bonds
460(2)
Decision Analysis-Debt Features and the Debt-to-Equity Ratio
462(4)
Appendix 10A Bond Pricing
466(2)
Appendix 10B Effective Interest Amortization
468(1)
Appendix 10C Leases and Pensions
469(17)
Global View
486(2)
11 Corporate Reporting and Analysis 488(44)
Corporate Form of Organization
490(3)
Characteristics of Corporations
490(1)
Corporate Organization and Management
491(1)
Stockholders of Corporations
491(1)
Basics of Capital Stock
492(1)
Common Stock
493(3)
Issuing Par Value Stock
493(1)
Issuing No-Par Value Stock
494(1)
Issuing Stated Value Stock
495(1)
Issuing Stock for Noncash Assets
495(1)
Dividends
496(4)
Cash Dividends
496(1)
Stock Dividends
497(2)
Stock Splits
499(1)
Preferred Stock
500(5)
Issuance of Preferred Stock
501(1)
Dividend Preference of Preferred Stock
501(1)
Reasons for Issuing Preferred Stock
502(3)
Treasury Stock
505(2)
Purchasing Treasury Stock
505(1)
Reissuing Treasury Stock
506(1)
Reporting of Equity
507(2)
Statement of Retained Earnings
507(1)
Statement of Stockholders' Equity
508(1)
Decision Analysis-Earnings per Share, Price-Earnings Ratio, Dividend Yield, and Book Value per Share
509(22)
Global View
531(1)
12 Reporting Cash Flows 532(54)
Basics of Cash Flow Reporting
534(5)
Purpose of the Statement of Cash Flows
534(1)
Importance of Cash Flows
534(1)
Measurement of Cash Flows
534(1)
Classification of Cash Flows
534(2)
Noncash Investing and Financing
536(1)
Format of the Statement of Cash Flows
536(1)
Preparing the Statement of Cash Flows
537(2)
Cash Flows from Operating
539(6)
Indirect and Direct Methods of Reporting
539(1)
Applying the Indirect Method
540(3)
Summary Adjustments for Indirect Method
543(2)
Cash Flows from Investing
545(1)
Three-Stage Process of Analysis
545(1)
Analyzing Noncurrent Assets
545(1)
Analyzing Additional Assets
546(1)
Cash Flows from Financing
546(4)
Three-Stage Process of Analysis
547(1)
Analyzing Noncurrent Liabilities
547(1)
Analyzing Equity
547(1)
Proving Cash Balances
548(2)
Summary Using T-Accounts
550(1)
Decision Analysis-Cash Flow Analysis
551(5)
Appendix 12A Spreadsheet Preparation of the Statement of Cash Flows
556(2)
Appendix 12B Direct Method of Reporting Operating Cash Flows
558(27)
Global View
585(1)
13 Analysis of Financial Statements 586(44)
Basics of Analysis
588(1)
Purpose of Analysis
588(1)
Building Blocks of Analysis
588(1)
Information for Analysis
588(1)
Standards for Comparisons
589(1)
Tools of Analysis
589(1)
Horizontal Analysis
589(5)
Comparative Statements
589(3)
Trend Analysis
592(2)
Vertical Analysis
594(4)
Common-Size Statements
594(1)
Common-Size Graphics
595(3)
Ratio Analysis
598(10)
Liquidity and Efficiency
598(4)
Solvency
602(1)
Profitability
603(1)
Market Prospects
604(1)
Summary of Ratios
605(3)
Decision Analysis-Analysis Reporting
608(3)
Appendix 13A Sustainable Income
611(18)
Global View
629(1)
14 Managerial Accounting Concepts and Principles 630(40)
Managerial Accounting Basics
632(4)
Purpose of Managerial Accounting
632(1)
Nature of Managerial Accounting
632(2)
Managerial Decision Making
634(1)
Fraud and Ethics in Managerial Accounting
634(1)
Careers in Managerial Accounting
635(1)
Managerial Cost Concepts
636(3)
Types of Cost Classifications
636(2)
Identification of Cost Classifications
638(1)
Cost Concepts for Service Companies
639(1)
Reporting of Costs
639(5)
Manufacturing Costs
640(1)
Nonmanufacturing Costs
640(1)
Prime and Conversion Costs
641(1)
Costs and the Balance Sheet
641(1)
Costs and the Income Statement
642(2)
Cost Flow and Cost of Goods Manufactured
644(6)
Flow of Manufacturing Activities
644(1)
Schedule of Cost of Goods Manufactured
645(3)
Trends in Managerial Accounting
648(2)
Decision Analysis-Raw Materials Inventory Turnover and Days' Sales in Raw Materials Inventory
650(19)
Global View
669(1)
15 Job Order Costing and Analysis 670(44)
Job Order Costing
672(3)
Cost Accounting System
672(1)
Job Order Production
672(1)
Job Order vs. Process Operations
672(1)
Production Activities in Job Order Costing
673(1)
Cost Flows
673(1)
Job Cost Sheet
674(1)
Materials and Labor Cost Flows
675(5)
Materials Cost Flows and Documents
675(3)
Labor Cost Flows and Documents
678(2)
Overhead Cost Flows
680(7)
Set Predetermined Overhead Rate
681(1)
Apply Estimated Overhead
681(1)
Record Actual Overhead
682(2)
Summary of Cost Flows
684(1)
Using Job Cost Sheets for Managerial Decisions
685(1)
Schedule of Cost of Goods Manufactured
686(1)
Adjusting Overhead
687(2)
Factory Overhead Account
687(1)
Adjust Underapplied or Overapplied Overhead
687(1)
Job Order Costing of Services
688(1)
Decision Analysis-Pricing for Services
689(24)
Global View
713(1)
16 Process Costing and Analysis 714(50)
Process Operations
716(3)
Organization of Process Operations
716(1)
Comparing Process and Job Order Costing Systems
716(2)
Equivalent Units of Production
718(1)
Process Costing Illustration
719(6)
Overview of GenX Company's Process Operation
719(1)
Step 1: Determine Physical Flow of Units
720(1)
Step 2: Compute Equivalent Units of Production
721(1)
Step 3: Compute Cost per Equivalent Unit
722(1)
Step 4: Assign and Reconcile Costs
722(1)
Process Cost Summary
723(2)
Accounting and Reporting for Process Costing
725(7)
Accounting for Materials Costs
726(1)
Accounting for Labor Costs
727(1)
Accounting for Factory Overhead
727(2)
Accounting for Transfers
729(1)
Trends in Process Operations
730(2)
Decision Analysis-Hybrid Costing System
732(4)
Appendix 16A FIFO Method of Process Costing
736(27)
Global View
763(1)
17 Activity-Based Costing and Analysis 764(42)
Assigning Overhead Costs
766(6)
Alternative Methods of Overhead Allocation
766(1)
Plantwide Overhead Rate Method
766(2)
Departmental Overhead Rate Method
768(2)
Comparing Plantwide and Departmental Overhead Rate Methods
770(2)
Activity-Based Costing
772(6)
Steps in Activity-Based Costing
772(1)
Applying Activity-Based Costing
772(5)
Assessing Activity-Based Costing
777(1)
Activity-Based Management
778(3)
Activity Levels and Cost Management
778(1)
Costs of Quality
779(1)
Lean Manufacturing
780(1)
ABC for Service Providers
780(1)
Decision Analysis-Customer Profitability
781(24)
Global View
805(1)
18 Cost Behavior and Cost-Volume-Profit Analysis 806(42)
Identifying Cost Behavior
808(3)
Fixed Costs
808(1)
Variable Costs
808(1)
Graph of Costs to Volume
809(1)
Mixed Costs
810(1)
Step-wise Costs
810(1)
Curvilinear Costs
810(1)
Measuring Cost Behavior
811(3)
Scatter Diagram
812(1)
High-Low Method
812(1)
Regression
813(1)
Comparing Cost Estimation Methods
813(1)
Contribution Margin and Break-Even Analysis
814(4)
Contribution Margin and Its Measures
814(1)
Break-Even Point
815(1)
Cost-Volume-Profit Chart
816(2)
Applying Cost-Volume-Profit Analysis
818(7)
Margin of Safety
818(1)
Computing Income from Sales and Costs
819(1)
Computing Sales for a Target Income
820(1)
Evaluating Strategies
821(1)
Sales Mix and Break-Even
822(2)
Assumptions in Cost-Volume-Profit Analysis
824(1)
Decision Analysis-Degree of Operating Leverage
825(2)
Appendix 18A Using Excel to Estimate Least- Squares Regression
827(1)
Appendix 18B Variable Costing and Performance Reporting
828(19)
Global View
847(1)
19 Variable Costing and Analysis 848(34)
Introducing Variable Costing and Absorption Costing
850(2)
Computing Unit Product Cost
850(2)
Income Reporting Implications
852(5)
Units Produced Equal Units Sold
852(1)
Units Produced Exceed Units Sold
853(1)
Units Produced Are Less Than Units Sold
854(2)
Summarizing Income Reporting
856(1)
Converting Income under Variable Costing to Absorption Costing
857(1)
Comparing Variable Costing and Absorption Costing
857(5)
Planning Production
857(2)
Setting Prices
859(1)
Controlling Costs
859(1)
CVP Analysis
860(1)
Variable Costing for Service Firms
860(2)
Decision Analysis-Pricing Special Orders
862(19)
Global View
881(1)
20 Master Budgets and Performance Planning 882(54)
Budget Process and Administration
884(3)
Budgeting Process
884(1)
Benefits of Budgeting
884(1)
Budgeting and Human Behavior
885(1)
Budget Reporting and Timing
885(2)
The Master Budget
887(12)
Master Budget Components
887(1)
Operating Budgets
887(7)
Investing Budgets
894(1)
Financing Budgets
895(4)
Budgeted Financial Statements
899(3)
Budgeted Income Statement
899(1)
Budgeted Balance Sheet
900(1)
Using the Master Budget
900(1)
Budgeting for Service Companies
901(1)
Decision Analysis-Activity-Based Budgeting
902(7)
Appendix 20A Merchandise Purchases Budget
909(26)
Global View
935(1)
21 Flexible Budgets and Standard Costs 936(50)
Section 1 Fixed And Flexible Budgets
938(6)
Fixed Budget Reports
938(2)
Fixed Budget Performance Report
938(1)
Budget Reports for Evaluation
939(1)
Flexible Budget Reports
940(4)
Purpose of Flexible Budgets
940(1)
Preparation of Flexible Budgets
940(2)
Flexible Budget Performance Report
942(2)
Section 2 Standard Costs
944(12)
Materials and Labor Standards
944(6)
Setting Standard Costs
945(1)
Cost Variance Analysis
945(2)
Computing Materials and Labor Variances
947(3)
Overhead Standards and Variances
950(38)
Flexible Overhead Budgets
950(1)
Standard Overhead Rate
950(2)
Computing Overhead Cost Variances
952(3)
Standard Costing-Management Considerations
955(1)
Decision Analysis-Sales Variances
956(5)
Appendix 21A Expanded Overhead Variances and Standard Cost Accounting System
961(24)
Global View
985(1)
22 Performance Measurement and Responsibility Accounting 986(46)
Responsibility Accounting
988(3)
Performance Evaluation
988(1)
Controllable versus Uncontrollable Costs
988(1)
Responsibility Accounting for Cost Centers
989(2)
Profit Centers
991(6)
Direct and Indirect Expenses
991(1)
Expense Allocations
991(2)
Departmental Income Statements
993(2)
Departmental Contribution to Overhead
995(2)
Investment Centers
997(5)
Financial Performance Evaluation Measures
997(3)
Nonfinancial Performance Evaluation Measures
1000(1)
Transfer Pricing
1001(1)
Decision Analysis-Cycle Time and Cycle Efficiency
1002(4)
Appendix 22A Cost Allocations
1006(2)
Appendix 22B Transfer Pricing
1008(1)
Appendix 22C Joint Costs and Their Allocation
1009(22)
Global View
1031(1)
23 Relevant Costing for Managerial Decisions 1032(32)
Decisions and Information
1034(1)
Decision Making
1034(1)
Relevant Costs and Benefits
1034(1)
Managerial Decision Scenarios
1035(9)
Additional Business
1035(2)
Make or Buy
1037(1)
Scrap or Rework
1038(1)
Sell or Process Further
1039(1)
Sales Mix Selection When Resources Are Constrained
1040(2)
Segment Elimination
1042(1)
Keep or Replace Equipment
1043(1)
Decision Analysis-Product Pricing
1044(19)
Global View
1063(1)
24 Capital Budgeting and Investment Analysis 1064
Methods Not Using Time Value of Money
1067(4)
Payback Period
1067(2)
Accounting Rate of Return
1069(2)
Methods Using Time Value of Money
1071(7)
Net Present Value
1071(4)
Internal Rate of Return
1075(2)
Comparison of Capital Budgeting Methods
1077(1)
Decision Analysis-Break-Even Time
1078(3)
Appendix 24A Using Excel to Compute Net Present Value and Internal Rate of Return
1081(15)
Global View
1096
Appendix A Financial Statement Information A-1
Apple
A-2
Google
A-10
Samsung
A-14
Appendix B Time Value of Money B
Appendix C Investments C
Appendix D Partnership Accounting
Index IND-1
Chart of Accounts CA
Brief Review
Managerial Analyses and Reports
BR-1
Financial Reports and Tables
BR-2
Selected Transactions and Relations
BR-3
Fundamentals and Analyses
BR-4