Financial/Managerial Accounting
ISBN: 9780131568778 | 0131568779
Edition: 1stFormat: Hardcover
Publisher: Prentice Hall
Pub. Date: 1/1/2008
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For Principles of Accounting courses that use a 50/50 split The Demo Docs System of instruction replicates the classroom experience by providing more I get it moments outside of class. Weve talked to tons of POA instructors and our editors have even taken the accounting course (numerous times!) to figure out the following issue in this course that is consistent: Students understand (or get it) right after you do a problem in class, but as soon as they leave class, with each passing hour, their ability to do the problems again and complete their... MORE
| Financial and Managerial Accounting 1e Horngren/Harrison/Braun | |
| Accounting and the Business Environment middot | |
| Describe the modern business environment and the role of information in that environment. middot | |
| Define accounting and its role in creating financial information. middot | |
| Describe the corporate form of business. middot | |
| Describe basic accounting principles and concepts middot | |
| Describe the fundamental accounting equation and its components. middot | |
| Use the fundamental accounting equation to record and summarize transactions. middot | |
| Develop an income statement, statement of retained earnings, statement of cash flows and a balance sheet from the summary of transactions | |
| Recording Business Transactions middot | |
| Describe the basic tools of an accounting system, the account, the ledger, and the journal. middot | |
| Describe the double-entry system and define debits and credits. middot | |
| Explain the flow of information through an accounting system by use of journals and ledgers. middot | |
| Explain the purpose and use of source documentation in the accounting system. middot | |
| Prepare trial balances and explain their use and limitations | |
| The Adjusting Process middot | |
| Define accrual accounting and distinguish between accrual and cash-based accounting. middot | |
| Describe the basic concepts underpinning accrual accounting, including the time-period concept, revenue recognition rules and the matching principle. middot | |
| Define and distinguish between prepaid expenses and accrued expenses. middot | |
| Describe and utilize the process of adjusting account balances. middot | |
| Prepare an adjusted trial balance. middot | |
| Use an adjusted trial balance to prepare financial statements | |
| Completing the Accounting Cycle and Accounting middot | |
| Identify the principles of accounting system design | |
| Table of Contents provided by Publisher. All Rights Reserved. |
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