Financial and Managerial Accounting
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With the fifteenth edition of Financial and Managerial Accounting: The Basis for Business Decisions, the Williams author team continues to be a solid foundation for students who are learning basic accounting concepts. In this revision, the authors have added to and refined the coverage of International Financial Reporting Standards (IFRS), particularly in Chapter 15 (“Global Business and Accounting”). Hallmarks of the text—including the solid Accounting Cycle Presentation, relevant pedagogy, and high quality, end-of-chapter material—have been updated throughout the book.
Chapter 1: Accounting: Information for Decision MakingChapter 2: Basic Financial StatementsChapter 3: The Accounting Cycle: Capturing Economic EventsChapter 4: The Accounting Cycle: Accruals and DeferralsChapter 5: The Accounting Cycle: Reporting Financial ResultsComprehensive Problem 1: Susquehanna Equipment RentalsChapter 6: Merchandising ActivitiesChapter 7: Financial AssetsChapter 8: Inventories and the Cost of Goods SoldComprehensive Problem 2: Guitar Universe, Inc.Chapter 9: Plant and Intangible AssetsChapter 10: LiabilitiesChapter 11: Stockholders' Equity: Paid-in CapitalComprehensive Problem 3: McMinn Retail, Inc.Chapter 12: Income and Changes in Retained EarningsChapter 13: Statement of Cash FlowsChapter 14: Financial Statement Analysis Comprehensive Problem 4: Home Depot, Inc. Chapter 15: Global Business and AccountingChapter 16: Management Accounting: A Business PartnerChapter 17: Job Order Cost Systems and Overhead Allocations Chapter 18: Process Costing Chapter 19: Costing and the Value ChainChapter 20: Cost-Volume-Profit AnalysisChapter 21: Incremental AnalysisComprehensive Problem 5: The Gilster CompanyChapter 22: Responsibility Accounting and Transfer Pricing Chapter 23: Operational BudgetingChapter 24: Standard Cost SystemsChapter 25: Rewarding Business Performance Comprehensive Problem 6: Utease CorporationChapter 26: Capital BudgetingAppendix A: 2007 Home Depot Financial StatementsAppendix B: The Time Value of Money: Future Amounts and Present ValuesAppendix C: Forms of Business Organization
