Financial Accounting: A Business Process Approach

Relevance for majors and non-majors–accounting concepts explained in a business context.

Financial Accounting: A Business Process Approach explains accounting concepts in a way all readers can understand by organizing the material around how a business works. This text’s business process approach presents a business topic and then shows the accounting concepts behind it–rather than solely explaining accounting concepts based on the balance sheet order.

Financial Accounting: A Business Process Approachexplains accounting concepts in a way all readers can understand by organizing the material around how a business works.

Business: What's It All About?; Qualities of Accounting Information; Accruals and Deferrals: Timing Is Everything in Accounting; Payment for Goods and Services: Cash and Accounts Receivable; The Purchase and Sale of Inventory; Acquisition and Use of Long-Term Assets; Accounting for Liabilities; Accounting for Shareholders' Equity; Preparing and Analyzing the Statement of Cash Flows; Using Financial Statement Analysis to Evaluate Firm Performance; Quality of Earnings, Corporate Governance, and IFRS

For readers interested in learning financial accounting through how businesses operate.