Accounting Principles: A Business Perspective Accounting Principles: A Business Perspective

Accounting Principles: A Business Perspective

Accounting Principles: A Business Perspective uses annual reports of real companies to illustrate many of the accounting concepts in use in business today. Gaining an understanding of accounting terminology and concepts, however, is not enough to ensure your success. You also need to be able to find information on the Internet, analyze various business situations, work effectively as a member of a team, and communicate your ideas clearly. This text was developed to help you develop these skills.

1. Accounting and its use in business decisions

2. Recording business transactions

3. Adjustments for financial reporting

4. Completing the accounting cycle

5. Accounting theory

6. Merchandising transactions

7. Measuring and reporting inventories

8. Control of cash

9. Receivables and payables

10. Property, plant, and equipment

11. Plant asset disposals, natural resources, and intangible assets

12. Stockholders' equity: Classes of capital stock

13. Corporations: Paid-in capital, retained earnings, dividends, and treasury stock

14. Stock investments

15. Long-term financing: Bonds

16. Analysis using the statement of cash flows

17. Analysis and interpretation of financial statements

18. Managerial accounting concepts/job costing

19. Process: Cost systems

20. Using accounting for quality and cost management

21. Cost-volume-profit analysis

22. Short-term decision making: Differential analysis

24. Control through standard costs

26. Capital budgeting:Long-range planning