Synopsis
This best-selling book offers a relevant, real-world approach to financial accounting. Readers learn how to evaluate and analyze a typical corporate annual report and to use accounting as a tool in understanding business. The Eighth Edition now includes: real-world company examples such as Cisco, Nantucket Nectars, and Teva; new “Cognitive Exercises” and “Business First” boxes; new on-line courses and step-by-step tutorials on the leading professional software packages; and new CD-ROM series, “Mastering Accounting.” The book's chapters cover accounting: the language of business, measuring income to assess performance, recording transactions, using financial statements, accounting for sales, inventories and cost of goods sold, long-lived assets and depreciation, liabilities and interest, valuing and accounting for bonds and leases, statement of cash flows, stockholders' equity, intercorporate investments and consolidations, financial statement analysis, and conceptual framework and measurement techniques. For individuals preparing for an accounting career.
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From the Back Cover
Get Refreshed. . . with Horngren/Sundem/Elliot's Introduction to Financial Accounting, Eighth Edition
- NEW Real world companies including Nantucket Nectars, McDonald's, Cisco, Teva Sandals, and more are highlighted in chapter openers, chapter discussions, and many of these also appear in the On Location! Video package
- NEW Free Software (available to download from the text web site) includes free tutorial and general ledger software!
- NEW "Take Five" Study Breaks appear within the chapters and encourage students to apply concepts
- NEW Assignment Options include new critical thinking exercises (Cognitive exercises) for each chapter
- NEW "Business First" Boxes provide insights into domestic and international business, as well as high-tech and e-Business industries.Through dramatic situations in the life of a fictional e-Business, the CD-ROM teaches your students how to apply the fundamental concepts of accounting to practical problems facing today's dynamic organizations.
Mastering Accounting can be shrink-wrapped to these texts for a nominal fee.
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