Description
Book SynopsisAccounting has long been the benchmark by which all other introductory accounting textbooks are measured. It is well known as a comprehensive, authoritative and reliable textbook that has supported students studying introductory accounting for over 20 years.
Table of ContentsPreface xiii How to use this book xvii Acknowledgements xxi Part 1 Accounting for decision making 1 1 Decision making and the role of accounting 2 2 Financial statements for decision making 28 Part 2 Accounting systems and processes 63 3 Recording transactions 64 4 Adjusting the accounts and preparing financial statements 122 5 Completing the accounting cycle closing and reversing entries 176 6 Accounting for retailing 228 7 Accounting systems 274 8 Accounting for manufacturing 338 9 Cost accounting systems 376 Part 3 Financial planning, control and decision making 415 10 Cash management and control 416 11 Cost volume profit analysis for decision making 460 12 Budgeting for planning and control 492 13 Performance evaluation for managers 538 14 Differential analysis, profitability analysis and capital budgeting 580 Part 4 Equity in business 613 15 Partnerships: formation, operation and reporting 614 16 Companies: formation and operations 648 Part 5 Accounting regulation of assets and liabilities 699 17 Regulation and the Conceptual Framework 700 18 Receivables 748 19 Inventories 784 20 Non-current assets: acquisition and depreciation 828 21 Non-current assets: revaluation, disposal and other aspects 866 22 Liabilities 906 Part 6 External reporting and performance evaluation 943 23 Presentation of financial statements 944 24 Statement of cash flows 976 25 Analysis and interpretation of financial statements 1054 Appendix Time value of money 1099 Glossary 1108 Index 1120
