Fundamental Financial Accounting Concepts
McGraw Hill Higher Education (Publisher)
6th Edition
Published on 1. December 2007
Book
Paperback/Softback
978-0-07-128788-3 (ISBN)
Description
Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of "Fundamental Financial Accounting Concepts" is to enable students to understand how any given business event affects the financial statements. The "financial statements model" is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). The mechanics of accounting coverage (debits and credits) is delayed until chapter 4. Instructors have flexibility as to the amount of emphasis they want to place on this topic.
More details
Edition
6th Revised edition
Language
English
Place of publication
London
United States
Publishing group
McGraw-Hill Education - Europe
Target group
College/higher education
Edition type
Revised edition
Dimensions
Height: 279 mm
Width: 203 mm
Thickness: 31 mm
ISBN-13
978-0-07-128788-3 (9780071287883)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Persons
Thomas P. Edmonds, Ph.D.: Dr. Edmonds is Professor of Accountancy at the University of Alabama at Birmingham, (UAB). He has been actively involved in teaching accounting principles throughout his academic career. He has received several prestigious teaching awards, including the UAB President's Excellence in Teaching Award and the distinguished Ellen Gregg Ingalls Award for excellence in classroom teaching. His academic experience includes being published in the Journal of Accounting Education, the Accounting Review, and the Journal of Accounting, Auditing and Finance among others. Dr. Edmonds received his Ph.D. in Accounting from Georgia State University.y. Frances M. McNair, Ph.D., CPA: Dr. McNair holds the KPMG Peat Marwick Professorship of Accounting at Mississippi State University, (MSU) and received her Ph.D. in Accounting from the University of Mississippi. Her research has been published in the Journal of Accountancy, Management Accounting, and the Business and Professional Ethics Journal. Philip R. Olds, Ph.D., CPA: Dr. Olds is Professor of Accounting at Virginia Commonwealth University, and received his Ph.D. from Georgia State University.
Content
Brief ContentsEdmonds Financial 6e (0073526789) TOCChapter 1 An Introduction to AccountingChapter 2 Accounting for AccrualsChapter 3 Accounting for DeferralsChapter 4 The Double-Entry Accounting SystemChapter 5 Accounting for Merchandising BusinessesChapter 6 Accounting for InventoriesChapter 7 Internal Control and Accounting for CashChapter 8 Accounting for Receivables and PayablesChapter 9 Accounting for Long-Term Operational AssetsChapter 10 Accounting for Long-Term DebtChapter 11 Accounting for Equity TransactionsChapter 12 Statement of Cash FlowsAppendix A Accessing the EDGAR Database Through the InternetAppendix B Annual Report for The Topps Company, Inc.Appendix C Summary of Financial RatiosAppendix D Annual Report and Financial Statement Analysis ProjectsAppendix E Accounting for Investment SecuritiesAppendix F Time Value of Money