- November 2009
95.90 Euro
2009. 426 Pages, Softcover
ISBN-10: 0-470-49947-8
ISBN-13: 978-0-470-49947-4 - John Wiley & Sons








Detailed description
Core Concepts of Accountingis designed for use in a one-semester, introductory survey of accounting class, providing the basics of both financial and managerial accounting. Financial accounting provides primarily monetary information about business activities that result in the financial statements that are published for use by people outside the business. Managerial accounting provides monetary and nonmonetary information about business activities that result in supporting details for the financial statements; it also provides information for internal organizational users to plan, control, or make decisions about operations.

Core Concepts of Accountingprovides a balanced approach to the conceptual and technical aspects of advanced accounting.

From the contents
PART I ACCOUNTING FUNDAMENTALS

1. An Introduction to the Role of Accounting in the Business World

2. Concepts and Elements Underlying Accounting

3. The Mechanics of Double-Entry Accounting

PART II ACCOUNTING FOR ASSETS

4. Cash, Short-Term Investments, and Accounts Receivable

5. Inventory

6. Long-Term Assets: Property, Plant & Equipment and Intangibles

PART III ACCOUNTING FOR LIABILITIES AND OWNERSHIP INTERESTS

7. Liabilities

8. Stockholders' Equity

PART IV ANALYSIS OF ACCOUNTING DATA

9. The Corporate Income Statement and Financial Statement Analysis

10. Statement of Cash Flows

PART V MANAGERIAL ACCOUNTING

11. Fundamental Managerial Accounting Concepts

12. Cost-Volume-Profit Analysis

13. The Master Budget

14. Activity-Based Management and Performance Measurement/Reward