دانلود کتاب Financial accounting

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Cover Financial Accounting Dedication About the Authors A Trusted Leader for Students and Instructors Market-Leading Pedagogy and content Practice is key to Success in Financial Accounting What's New in the 11th edition Online Assignments Acknowledgments Contents in Brief Contents Chapter One: Financial Statements and Business Decisions Le-Nature's Inc. Understanding the Business The Four Basic Financial Statements: An Overview The Balance Sheet financial analysis: Interpreting Assets, Liabilities, and Stockholders' Equity on the Balance Sheet Pause for Feedback The Income Statement financial analysis: Analyzing the Income Statement: Beyond the Bottom Line Pause for Feedback Statement of Stockholders' Equity financial analysis: Interpreting Retained Earnings Pause for Feedback Relationships Among the Income Statement, Statement of StockholdersÕ Equity, and Balance Sheet Pause for Feedback Statement of Cash Flows financial analysis: Interpreting the Cash Flow Statement Pause for Feedback Notes and Financial Statement Formats Summary of the Four Basic Financial Statements Responsibilities For The Accounting Communication Process Generally Accepted Accounting Principles international perspective: The International Accounting Standards Board and Global Accounting Standards Ensuring the Accuracy of Financial Statements Demonstration Case Chapter Supplement A: Types of Business Entities Chapter Supplement B: Employment in the Accounting Profession Today Chapter Take-Aways Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Two: Investing and Financing Decisions and the Accounting System Chipotle Mexican Grill Understanding the Business What Information is Included in the Balance Sheet? Recognition and Measurement Concepts Elements of the Balance Sheet Pause for Feedback financial analysis: Unrecorded but Valuable Assets and Liabilities What Business Activities Cause Changes In Financial Statement Amounts? Nature of Business Transactions Accounts How Do Transactions Affect Accounts? Principles of Transaction Analysis Analyzing Common Transactions Pause for Feedback How Do Companies Keep Track of AccountÊBalances? The Direction of Transaction Effects Pause for Feedback Analytical Tools financial analysis: Inferring Business Activities from T-Accounts Transaction Analysis Illustrated Pause for Feedback data analytics: Using Data Analytics for Business Expansion How is the Balance Sheet Prepared and Analyzed? Classified Balance Sheet international perspective: Understanding Foreign Financial Statements Ratio Analysis in Decision Making key ratio analysis: Current Ratio Pause for Feedback focus on cash flows: Investing and Financing Activities Pause for Feedback Demonstration Case Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases And Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Three: Operating Decisions and the Accounting System Chipotle Mexican Grill Understanding the Business How do Business Activities Affect theÊIncome Statement? The Operating Cycle Elements of the Income Statement data analytics: Using Data Analytics in the Restaurant Industry to Increase Revenues and Decrease Costs How are Operating Activities Recognized and Measured? Accrual Accounting Pause for Feedback Pause for Feedback a question of ethics: ManagementÕs Incentives to Violate Accounting Rules The Expanded Transaction Analysis Model Transaction Analysis Rules Analyzing Common Transactions Pause for Feedback How is the Income Statement Prepared and Analyzed? Classified Income Statement key ratio analysis: Net Profit Margin Ratio focus on cash flows: Operating Activities Pause for Feedback Demonstration Case Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Comprehensive Problem (Chapters 1_3) Cases And Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Four: Adjustments, Financial Statements, and the Closing Process Chipotle Mexican Grill Understanding the Business Adjusting Revenues And Expenses Accounting Cycle Purpose of Adjustments Adjustment Process Pause for Feedback a question of ethics: Adjustments and Incentives Preparing Financial Statements Income Statement Statement of StockholdersÕ Equity Balance Sheet focus on cash flows: Cash Flows from Operations, Net Income, and the Quality of Earnings KEY RATIO ANALYSIS: Total Asset Turnover Ratio data analytics: The SEC Uses Data Analytics Closing The Books End of the Accounting Cycle Pause for Feedback Post-Closing Trial Balance Demonstration Case Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Comprehensive Problems (Chapters 1_4) Cases And Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Five: Communicating and Analyzing Accounting Information Apple Inc. Understanding the Business a question of ethics: The Fraud Triangle Players In The Accounting Communication Process Regulators (SEC, FASB, PCAOB, Stock Exchanges) Managers (CEO, CFO, and Accounting Staff) Board of Directors (Audit Committee) Auditors data analytics: How Data Analytics Are Affecting What Auditors Do Information Intermediaries: Information Services andÊFinancialÊAnalysts financial analysis: Information Services and Your Job Search Users: Institutional and Private Investors, Creditors, and Others Pause for Feedback The Disclosure Process Press Releases Annual Reports and Form 10-K Quarterly Reports and Form 10-Q Other SEC Reports ENVIRONMENTAL, SOCIAL, & GOVERNANCE (ESG) REPORTING: Performance Beyond the Bottom Line A Closer Look At Financial Statement Formats And Notes Classified Balance Sheet Classified Income Statement financial analysis: Statement of Comprehensive Income Pause for Feedback key ratio analysis: Gross Profit Percentage Statement of StockholdersÕ Equity Statement of Cash Flows Notes to Financial Statements Voluntary Disclosures international perspective: Differences in Accounting Methods Acceptable under IFRS and U.S. GAAP Return On Assets Analysis: A Framework For Evaluating Company Performance key ratio analysis: Return on Assets (ROA) ROA Profit Driver Analysis and Business Strategy How Transactions Affect Ratios Pause for Feedback Demonstration Case Chapter Take-Aways Key Ratios Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problems Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Six: Reporting and Interpreting Sales Revenue, Receivables, and Cash Skechers U.S.A. Understanding the Business Accounting For Net Sales Revenue Motivating Sales and Collections Credit Card Sales to Consumers Sales Discounts to Businesses financial analysis: To Take or Not to Take the Discount, That Is the Question Sales Returns and Allowances Reporting Net Sales a question of ethics: Volume Discounts/Rebates and Earnings Misstatements at Monsanto Pause for Feedback Revenue Recognition for Bundled Goods and Services: A Five-Step Process Measuring and Reporting Receivables Classifying Receivables international perspective: Foreign Currency Receivables Accounting for Bad Debts financial analysis: Bad Debt Recoveries Reporting Accounts Receivable and Bad Debts Pause for Feedback Estimating Bad Debts Control over Accounts Receivable key ratio analysis: Receivables Turnover Ratio focus on cash flows: Accounts Receivable Pause for Feedback Reporting And Safeguarding Cash Cash and Cash Equivalents Defined Cash Management Internal Control of Cash a question of ethics: Ethics and the Need for Internal Control Reconciliation of the Cash Accounts and the Bank Statements Pause for Feedback Demonstration Case A Demonstration Case B Chapter Supplement: Recording Discounts and Returns Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Seven: Reporting and Interpreting Cost of Goods Sold and Inventory Harley-Davidson, Inc. Understanding the Business Nature of Inventory and Cost of Goods Sold Items Included in Inventory Costs Included in Inventory Purchases financial analysis: Applying the Materiality Constraint in Practice Flow of Inventory Costs Cost of Goods Sold Equation Pause for Feedback Perpetual and Periodic Inventory Systems Inventory Costing Methods Specific Identification Method Cost Flow Assumptions international perspective: LIFO and International Comparisons Financial Statement Effects of Inventory Methods Managers' Choice of Inventory Methods a question of ethics: LIFO and Conflicts Between ManagersÕ and OwnersÕ Interests Pause for Feedback Valuation at Lower of Cost or Net Realizable Value Control of Inventory Internal Control of Inventory Errors in Measuring Ending Inventory Pause for Feedback Evaluating Inventory Management Measuring Efficiency in Inventory Management key ratio analysis: Inventory Turnover Pause for Feedback Inventory Methods and Financial Statement Analysis financial analysis: LIFO and Inventory Turnover Ratio Pause for Feedback Inventory and Cash Flows focus on cash flows: Inventory Demonstration Case Chapter Supplement A: FIFO Cost of Goods Sold under Periodic and Perpetual Inventory Systems andÊEndÊof Period Adjustments to LIFO Chapter Supplement B: Additional Issues in Measuring Inventory Purchases Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Comprehensive Problem (Chapters 6_7) Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Eight: Reporting and Interpreting Property, Plant, and Equipment; Intangibles; and Natural Resources FedEx Corporation Understanding the Business Acquisition and Maintenance of Plant and Equipment Classifying Long-Lived Assets key ratio analysis: Fixed Asset Turnover Measuring and Recording Acquisition Cost Pause for Feedback Repairs, Maintenance, and Improvements a question of ethics: Worldcom: Hiding Billions in Expenses through Capitalization ENVIRONMENTAL, SOCIAL, & GOVERNANCE (ESG) REPORTING: Being a Global Citizen Pause for Feedback Use, Impairment, and Disposal of Plant and Equipment Depreciation Concepts financial analysis: Book Value as an Approximation of Remaining Life financial analysis: Differences in Estimated Lives within a Single Industry Alternative Depreciation Methods financial analysis: Impact of Alternative Depreciation Methods Pause for Feedback financial analysis: Increased Profitability Due to an Accounting Adjustment? Reading theÊNotes How Managers Choose a question of ethics: Two Sets of Books Measuring Asset Impairment Disposal of Property, Plant, and Equipment Pause for Feedback Intangible Assets and Natural Resources Acquisition and Amortization of Intangible Assets Acquisition and Depletion of Natural Resources focus on cash flows: Productive Long-lived Assets, Depreciation, and Amortization financial analysis: A Misinterpretation Demonstration Case A Demonstration Case B Chapter Supplement: Changes in Depreciation Estimates Pause for Feedback Chapter Take-Aways Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Comprehensive ProblemÊ(Chapters 6_8) Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Nine: Reporting and Interpreting Liabilities Starbucks Understanding the Business Liabilities Defined and Classified Current Liabilities Accounts Payable key ratio analysis: Accounts Payable Turnover Accrued Liabilities Deferred Revenues business analytics: Using mobile app data to understand customer behavior Notes Payable Current Portion of Long-Term Debt financial analysis: Refinancing Debt: Current or Long-Term Liability? Contingent Liabilities Reported on the Balance Sheet Contingent Liabilities Reported in the Footnotes international perspective: ItÕs a Matter of Degree Working Capital Management focus on cash flows: Working Capital and Cash Flows Pause for Feedback Long-Term Liabilities Long-Term Notes Payable and Bonds international perspective: Borrowing in Foreign Currencies Lease Liabilities Accounting for finance leases and operating leases Accounting for short-term leases Computing Present Values Present Value of a Single Amount Pause for Feedback Present Value of an Annuity a question of ethics: Truth in Advertising Accounting Applications of Present Values Demonstration Case Chapter Supplement A: Present Value Computations Using a Calculator or Excel Chapter Supplement B: Deferred Taxes Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases And Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Ten: Reporting and Interpreting Bond Securities Amazon Understanding the Business Characteristics of Bond Securities Reasons Why Companies Issue Bonds Bond Terminology Bond Issuance Process financial analysis: Bond Rating Agencies and Their Assessments of Default Risk Reporting Bond Transactions data analytics: Using Artificial Intelligence (AI) to Invest in Bonds Pause for Feedback Bonds Issued at Par Pause for Feedback key ratio analysis: Times Interest Earned Bonds Issued at a Discount Pause for Feedback Bonds Issued at a Premium Pause for Feedback financial analysis: Zero Coupon Bonds key ratio analysis: Debt-to-Equity Early Retirement of Bonds focus on cash flows: Bond Transactions and the Statement of Cash Flows Demonstration Case Chapter Supplement: Accounting for Bonds without a Discount Account or Premium Account Pause for Feedback Bonds Issued at a Premium Pause for Feedback Chapter Take-Aways Key Ratios Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Eleven: Reporting and Interpreting StockholdersÕ Equity Microsoft Understanding the Business ENVIRONMENTAL, SOCIAL, & GOVERNANCE (ESG) REPORTING Ownership of a Corporation Benefits of Stock Ownership Authorized, Issued, and Outstanding Shares key ratio analysis: Earnings per Share (EPS) Common Stock Transactions Initial Sale of Stock Sale of Stock in Secondary Markets Stock Issued for Employee Compensation Repurchase of Stock Pause for Feedback Dividends on Common Stock key ratio analysis: Dividend Yield Key Dividend Dates financial analysis: Impact of Dividends on Stock Price Pause for Feedback Stock Dividends and Stock Splits Stock Dividends Stock Splits Pause for Feedback Statement Of StockholdersÕ Equity Pause for Feedback Preferred Stock Transactions Dividends on Preferred Stock financial analysis: Preferred Stock and Limited Voting Rights focus on cash flows: Financing Activities Demonstration Case Chapter Supplement: Accounting for the Equity of Sole Proprietorships and Partnerships Chapter Take-Aways Key Ratio Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Comprehensive Problem (Chapters 9_11) Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Twelve: Statement of Cash Flows National Beverage Corporation Understanding the Business Classifications of the Statement of Cash Flows Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Net Increase (Decrease) in Cash Pause for Feedback Relationships to the Balance Sheet and Income Statement Preliminary Steps in Preparing the Cash Flow Statement Reporting and Interpreting Cash Flows from Operating Activities Reporting Cash Flows from Operating ActivitiesÑIndirect Method international perspective: Classification of Interest on the Cash Flow Statement Pause for Feedback Interpreting Cash Flows from Operating Activities key ratio analysis: Quality of Income Ratio a question of ethics: Fraud and Cash Flows from Operations Reporting and Interpreting Cash Flows from Investing Activities Reporting Cash Flows from Investing Activities Interpreting Cash Flows from Investing Activities key ratio analysis: Capital Acquisitions Ratio financial analysis: Free Cash Flow Reporting and Interpreting Cash Flows from Financing Activities Reporting Cash Flows from Financing Activities Interpreting Cash Flows from Financing Activities Pause for Feedback Completing the Statement and Additional Disclosures Statement Structure Supplemental Cash Flow Information Demonstration Case Chapter Supplement A: Reporting Cash Flows from Operating ActivitiesÑDirect Method Pause for Feedback Chapter Supplement B: Adjustment for Gains and Losses on Sale of Long-Term AssetsÑIndirect Method Chapter Supplement C: T-Account Approach (Indirect Method) Chapter Take-Aways Key Ratios Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases and Projects Business Analytics and Data Visualization with Excel and Tableau Chapter Thirteen: Analyzing Financial Statements The Home Depot Understanding the Business The Investment Decision Understanding a CompanyÕs Strategy Financial Statement Analysis a question of ethics: Insider Information Component Percentages andÊRatioÊAnalysis Component Percentages business analytics: Using Data Visualization Tools to Assess a CompanyÕs Performance Ratio Analysis Profitability Ratios Pause for Feedback Asset Turnover Ratios financial analysis: ROA Profit Driver Analysis and the DuPont Model Liquidity Ratios Pause for Feedback Solvency Ratios Market Ratios Pause for Feedback Interpreting Ratios and Other Analytical Considerations Other Relevant Information ENVIRONMENTAL, SOCIAL, & GOVERNANCE (ESG) REPORTING Chapter Take-Aways Finding Financial Information Key Terms Questions Multiple-Choice Questions Mini-Exercises Exercises Problems Alternate Problems Continuing Problem Cases and Projects Appendix A: Reporting and Interpreting Investments in Other Corporations The Walt Disney Company Appendix B: Target Corporation, Form 10-K Annual Report Appendix C: Walmart Inc., Form 10-K Annual Report Appendix D: Industry Ratio Report Appendix E: Present and Future Value Tables Company Index subject index