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Financial Accounting

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ISBN-10: 0618771298

ISBN-13: 9780618771295

Edition: 9th 2007

Authors: Belverd E. Needles, Powers

List price: $172.36
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A market-leading program,Financial Accountingprovides business students and accounting majors with a comprehensive introduction to practices and procedures. The text is well known for its highly respected author team, balanced approach, and real-world emphasis. Accuracy reviewers check every line and work through each exercise in the text and supplements, makingFinancial Accountingthe most accurate among similar texts on the market. The Ninth Editionwhich focuses primarily on the use of accounting information in today's business worldrepresents the most significant revision of the text to date. Content updates reflect current accounting and business practices, while greater attention is given to ethics, service enterprises, and international issues. In addition, the text features a more concise, accessible writing style; a new design to emphasize the user-oriented content; and enhanced technology components for both instructors and students. New!A completely new, streamlined interior design highlights the user-oriented content and features captioned photos, new line art, and a contemporary color paletteall of which aid students' understanding of financial accounting. The art program includes 45 new photos, featuring actual businesses and organizations such as Nike, Yahoo, and New!The Ninth Edition offers greater accessibility than ever before, appealing to a broad range of interests and skill levels. Where possible, detailed information has been made more concise, and procedural material has been rewritten to focus more on the use of accounting information in today's business world. New!The Eduspace online learning tool pairs the widely recognized resources of Blackboard with quality, text-specific content from Houghton Mifflin. Auto-graded algorithmic homework exercises and MP3 files of chapter summaries come ready-to-use. Additional course management materials include HM Testing (powered by Diploma), general ledger software, and classroom response system ("clicker") content. Also within Eduspace,Financial Accountingis available in eBook format for quick access. New!Enhancements to the chapter openers include 15 new photos; new ethics statements and coverage of ethics/corporate governance in theLearning Objectives;all newDecision Pointcompanies such as Google and Starbucks accompanied by questions for thought and discussion; and a new financial statement model that shows how the chapter topic is reflected in the financial statements. New!The text features more than 230 publicly held companiesas well as international, governmental, and not-for-profit organizationsto illustrate the real-world application of accounting principles. A company index at the end of the text includes web links to annual reports. New coverage includes CVS, Kraft Food Corporation, and Southwest Airlines. New!Following each learning objective, newStop, Review, and Applyfeatures present discussion questions and short exercises for students to complete based on the materials they've just learned. New!A Look Back,located at the end of each chapter, revisits the company highlighted in the chapter-openingDecision Pointand prompts students to reconsider the material covered in the chapter.
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Book details

List price: $172.36
Edition: 9th
Copyright year: 2007
Publisher: Houghton Mifflin College Division
Pages: 850
Size: 8.50" wide x 10.75" long x 1.25" tall
Weight: 4.642

Contents Note: Each chapter concludes with a Chapter Review and Chapter Assignments. 1. Uses of Accounting Information and the Financial Statements Decision Point: A User's Focus. CVS Corporation Accounting as an Information System Decision Makers: The Users of Accounting Information Accounting Measurement The Corporate Form of Business Financial Position and the Accounting Equation Financial Statements Generally Accepted Accounting Principles A Look Back at CVS Corporation Supplement to Chapter 1: How to Read an Annual Report The Components of an Annual Report CVS Corporation 2004 Annual Report Financial Statements of Southwest Airlines Co. 2. Analyzing Business Transactions Decision Point: A User's Focus. Singapore Airlines and The Boeing Co. Measurement Issues Double-Entry System Business Transaction Analysis The Trial Balance Cash Flows and the Timing of Transactions Recording and Posting Transactions A Look Back at Singapore Airlines and The Boeing Company 3. Measuring Business Income Decision Point: A User's Focus. Yahoo! Inc. Profitability Measurement: Issues and Ethics Accrual Accounting The Adjustment Process Using the Adjusted Trial Balance to Prepare Financial Statements The Accounting Cycle Cash Flows from Accrual-Based Information A Look Back at Yahoo! Inc. Supplement to Chapter 3: Closing Entries and the Work Sheet Preparing Closing Entries The Work Sheet: An Accountant's Tool 4. Financial Reporting and Analysis Decision Point: A User's Focus. Dell Computer Corporation Foundations of Financial Reporting Accounting Conventions Classified Balance Sheet Forms of the Income Statement Using Classified Financial Statements A Look Back at Dell Computer Corporation Supplement to Chapter 4: The Annual Report Project 5. The Operating Cycle and Merchandising Operations Decision Point: A User's Focus. Costco Wholesale Corporation Managing Merchandising Businesses Terms of Sale Perpetual Inventory System Periodic Inventory System Internal Control: Components, Activities, and Limitations Internal Control over Merchandising Transactions A Look Back at Costco Wholesale Corporation 6. Inventories Decision Point: A User's Focus. Cisco Systems, Inc. Managing Inventories Inventory Cost and Valuation Inventory Cost Under the Periodic Inventory System Impact of Inventory Decisions Inventory Cost Under the Perpetual Inventory System Valuing Inventory by Estimation A Look Back at Cisco Systems, Inc. 7. Cash and Receivables Decision Point: A User's Focus. Nike, Inc. Management Issues Related to Cash and Receivables Cash Equivalents and Cash Control Uncollectible Accounts Notes Receivable A Look Back at Nike, Inc. 8. Current Liabilities and the Time Value of Money Decision Point: A User's Focus., Inc. Management Issues Related to Current Liabilities Common Types of Current Liabilities Contingent Liabilities and Commitments The Time Value of Money Application of the Time Value of Money A Look Back at, Inc. 9. Long-Term Assets Decision Point: A User's Focus. Apple Computer, Inc. Management Issues Related to Long-Term Assets Acquisition Cost of Property, Plant, and Equipment Depreciation Disposal of Depreciable Assets Natural Resources Intangible Assets A Look Back at Apple Computer, Inc. 10. Long-Term Liabilities Decision Point: A User's Focus. McDonald's Corporation Management Issues Related to Issuing Long-Term Debt The Nature of Bonds Accounting for the Issuance ofBonds Using Present Value to Value a Bond Amortization of Bond Di