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Overview
"Financial Accounting," 18th Edition, provides a solid foundation in business and accounting with the proven, student-focused presentation by award-winning authors Warren/Jones/Tayler. This edition covers the fundamentals of financial accounting from the perspective of a sole proprietor, while motivating students by showing how accounting is important to business. New content integrates coverage of AI and data analytics, while online appendices offer optional topics for your teaching flexibility. CNOWv2 offers an interactive learning experience that bridges the gap between content, homework and exam performance, allowing students to master essential accounting skills within the context of today's corporate business landscape. The text features updated, real-world examples, data analytics activities using Excel and Tableau and interactive online resources.
- Take It Further data analytics cases for every chapter require students to analyze and develop reports in CNOWv2 using Excel and Tableau.
- Artificial Intelligence (AI) has been integrated throughout the text by adding AI-focused Business Insight features showing AI applications and how AI is used by business professionals.
- What Would You Do?/What They Did features help students think about how to apply each chapter’s content to real-world business scenarios versus how businesses actually applied these concepts.
- Analysis for Decision Making sections and Make a Decision homework activities use real companies to emphasize how businesses use accounting information to make decisions.
- Each chapter begins with a new Why Is This Important? feature, which explains the importance of the chapter’s content to students’ daily lives and future careers.
- An updated schema, or concept roadmap, illustrates what students are going to learn and how it is connected to the big picture of financial accounting concepts.
- Author-written end-of-chapter materials and a thorough verification process using dedicated subject matter experts ensure content accuracy for you and your students.
- This product's presentation style appeals to the way your students learn best by using short paragraphs, concise bullets, stepwise progression and meaningful Illustrations.
2. Analyzing Transactions.
3. The Adjusting Process.
4. The Accounting Cycle.
Appendix 1: End-of-Period Spreadsheet.
Appendix 2: Statement of Cash Flows for NetSolutions.
5. Accounting for Merchandising Businesses.
Appendix 1: Sales Discounts.
Appendix 2: The Periodic Inventory System.
6. Inventories.
Appendix: Estimating Inventory Cost.
7. Internal Control and Cash.
8. Receivables.
9. Long-Term Assets: Fixed and Intangible.
Appendix: Exchanging Similar Fixed Assets.
10. Liabilities: Current, Installment Notes, and Contingencies.
11. Liabilities: Bonds Payable.
Appendix 1: Present Value Concepts and Pricing Bonds Payable.
Appendix 2: Effective Interest Rate Method of Amortization.
12. Accounting for Partnerships and Limited Liability Companies.
13. Corporations: Organization, Stock Transactions, and Dividends.
14. Statement of Cash Flows.
Appendix 1: Spreadsheet (Worksheet) for Statement of Cash Flows – The Indirect Method.
Appendix 2: Preparing the Statement of Cash Flows – The Direct Method.
15. Financial Statement Analysis.
Appendix A: Present Value Tables.
Appendix B: Selected Topics.
Topic 1: Investments.
Topic 2: Evaluating Decentralized Operations.
Topic 3: The Balanced Scorecard.
Appendix C: Nike Inc. Annual Report (10-K).
Glossary.
Index.
Online Appendices.
O-1: Special Journals and Subsidiary Ledgers.
O-2: Reversing Journal Entries.
O-3: Reporting Unusual Items and Comprehensive Income.
O-4: Revenue Recognition.
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