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).
Table of Contents
Chapter 1: An Introduction to Accounting
Chapter 2: Understanding the Accounting Cycle
Chapter 3: The Double-Entry Accounting System
Chapter 4: Accounting for Merchandising Businesses
Chapter 5: Accounting for Inventories
Chapter 6: Internal Control and Accounting for Cash
Chapter 7: Accounting for Receivables
Chapter 8: Accounting for Long-Term Operational Assets
Chapter 9: Accounting for Current Liabilities and Payroll
Chapter 10: Accounting for Long-Term Debt
Chapter 11: Proprietorships, Partnerships, and Corporations
Chapter 12: Statement of Cash Flow
Chapter 13: (Online) Financial Statement Analysis
Appendix A: Accessing the EDGAR Database through the Internet
Appendix B: Portion of the Form 10-K for Target Corporation
Appendix C: Summary of Financial Ratios
Appendix D: Annual Report and Financial Statement Analysis Project
Appendix E: Accounting for Investment Securities
Appendix F: Time Value of Money
800 pages, Paperback