Professional

Survey of Accounting, 7th Edition

  • Carl S. Warren University of Georgia
  • ISBN-10: 1285183487  |  ISBN-13: 9781285183480
  • 720 Pages
  • Previous Editions: 2013, 2011, 2009
  • © 2015 | Published
  • List Price = $ 352.95
  • For quantity discounts, Contact your Representative
  • For single copy purchases, visit CengageBrain.com
  • Newer Edition Available

About

Overview

SURVEY OF ACCOUNTING, 7E provides an overview of the basic topics of financial and managerial accounting, without emphasizing the use of debits and credits. Written for individuals who have no prior knowledge of accounting, this text emphasizes how accounting reports are used by managers, investors, and other business stakeholders. The unique Integrated Financial Statement Framework shows how transactions impact the three primary financial statements, showing the integrated nature of accounting.

Features and Benefits

  • CENGAGENOW: CengageNOW for Warren's Survey of Accounting, 7E is a powerful course management and online homework tool that provides robust instructor control and customization to optimize the learning experience and meet desired outcomes. CengageNOW features links to relevant sections of the e-book within each assignment; instant feedback to stay on track; and a Personalized Study Plan with quizzes and crossword puzzles.
  • INTEGRATED FINANCIAL STATEMENT FRAMEWORK: The unique Integrated Financial Statement Framework shows how transactions impact the three primary financial statements, showing the integrated nature of accounting.
  • FLEXIBILITY TO EMPHASIZE DEBITS AND CREDITS: Appendix A on Double Entry Accounting creates flexibility by providing students with the necessary materials to cover debits and credits if you prefer. The Instructor's Manual includes versions of exercises and problems using debits and credits.
  • KEY TERMS: Key terms are in each chapter with the new sections on Analysis and Assessment and Financial Analysis.
  • STUDENT FRIENDLY: Designed for today's students, the seventh edition uses an innovative, high-impact writing style that emphasizes topics in a concise and clearly written manner. Direct sentences, concise paragraphs, numbered lists, and step-by-step calculations provide students with an easy-to-follow structure for learning accounting. This is achieved without sacrificing content or rigor.
  • ILLUSTRATIVE PROBLEMS WITH SOLUTIONS: The Illustrative Problem at the end of each chapter helps students better understand the chapter concepts by representative, sample problems with solutions.
  • IFRS NOTES: IFRS notes highlight important differences between U.S. GAAP and International Financial Reporting Standards.
  • ETHICS: The "Integrity, Objectivity, and Ethics in Business" features describe real-world ethical situations and show students how to ethically apply those concepts.
  • SIMPLE-TO-COMPLEX STUDENT-FRIENDLY FORMAT: Throughout this edition, accounting concepts are presented in a simple-to-complex format that invites learning. Basic accounting concepts are introduced in Chapter 2 using cash transactions. Accrual accounting concepts and transactions are introduced in Chapter 3.
  • NON-PROCEDURAL APPROACH: This book emphasizes how financial reports are used by business stakeholders to make business decisions rather than focusing on debit and credit terminology.

Table of Contents

1. The Role of Accounting in Business.
2. Basic Accounting Concepts.
3. Accrual Accounting Concepts.
4. Accounting for Merchandising Businesses.
5. Sarbanes-Oxley, Internal Control, and Cash.
6. Receivables and Inventories.
7. Fixed Assets and Intangible Assets.
8. Liabilities and Stockholders' Equity.
9. Financial Statement Analysis.
10. Accounting Systems for Manufacturing Businesses.
11. Cost Behavior and Cost-Volume-Profit Analysis.
12. Differential Analysis and Product Pricing.
13. Budgeting and Standard Cost Systems.
14. Performance Evaluation for Decentralized Operations.
15. Capital Investment Analysis.
Appendix A: Double-Entry Accounting Systems.
Appendix B: Process Cost Systems.

What's New

  • ANALYSIS AND ASSESSMENT and FINANCIAL ANALYSIS: New to the seventh edition, these sections aim to increase analytical thinking. Corresponding end-of-chapter questions have been added for further student practice. Examples of analysis topics added include: Rate of Return on Assets; Common-Sized Income Statements; Working Capital, Current Ratio, and Quick Ratio; and Gross Profit Percent, Average Markup Percent, and Ratio of Sales to Assets.
  • UPDATED DATA: All Real-world data and financials throughout the chapter examples, as well as the "How Businesses Make Money" and "Integrity, Objectivity, and Ethics" boxed features, have been updated.
  • REVISED End-of-Chapter: Homework exercises and problems have been revised, and new solutions are provided to instructors.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Bundle: Text + CengageNOW™, 1 term Printed Access Card

ISBN-10: 1305134303  | ISBN-13: 9781305134300

List Price = $364.95


Printed Text + LMS Integrated for CengageNOW™, 1 term Instant Access

ISBN-10:  1305784316 | ISBN-13:  9781305784314

List Price = $364.95  | CengageBrain Price = $364.95


Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Solutions Manual  (ISBN-10: 1285183495 | ISBN-13: 9781285183497)

Find all the answers you need with these solutions, written by the text author and carefully correlated to the end-of-chapter activities. All solutions have been updated to reflect new material from the core text.

CengageNOW™, 1 term (6 months) Instant Access  (ISBN-10: 1285183568 | ISBN-13: 9781285183565)

CengageNOW™ is a powerful online homework tool that optimizes the learning experience. CengageNOW™ features homework, Integrated e-book, Personalized Study Plans, Tests, and a Gradebook.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Student Supplements

LMS Integrated for CengageNOW™, 1 term Instant Access  (ISBN-10: 1305398475 | ISBN-13: 9781305398474)

Have the tools you need to be successful A variety of tools are available in CengageNOW, all combined in one easy-to-use resource designed to improve your grades. Some resources get you prepared for class and help you succeed on homework, and others show you specific areas where you can work to improve. Stay ahead of the course requirements CengageNOW shows you the path through your course—from first day through finals. Once you know what’s expected, it’s easier to complete your assignments. Gain understanding that stays with you Do well on tests as well as the assignments! Bridge the gap between homework and tests by using CengageNOW to truly understand the material. Self-study and review materials keep you on the right track, to make sure your understanding goes beyond memorization. Set yourself up for better grades Why wonder where you stand? CengageNOW includes trackable assignments and grades. It tells you what to do to improve your grade, and gives you the tools to accomplish it! Student Testimonials: “I love the check your work option. Really, when you’re having a hard time figuring out an answer, sometimes working backwards is the best way to understand conceptually what you’re doing wrong.” - Brad Duncan University of Utah “I liked the videos because they were short enough to teach me and because they were short, I was able to find time to watch them again and again if I did not understand the first time.” - Jennifer Wright Northeast Wisconsin Technical College CTA: Ask your instructor about CengageNOW for this course.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

CengageNOW™, 1 term (6 months) Instant Access  (ISBN-10: 1285183568 | ISBN-13: 9781285183565)

CengageNOW™ is a powerful online homework tool that optimizes the learning experience. CengageNOW™ features homework, Integrated e-book, Personalized Study Plans, Tests, and a Gradebook.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Meet the Author

Author Bio

Carl S. Warren

Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. Dr. Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. He focused his teaching efforts on principles of accounting and auditing. Dr. Warren received his PhD from Michigan State University and his BBA and MA from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including The Accounting Review, Journal of Accounting Research, Journal of Accountancy, The CPA Journal, and Auditing: A Journal of Practice and Theory. Dr. Warren has served on numerous committees of the American Accounting Association, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors. He also has consulted with numerous companies and public accounting firms. His outside interests include handball, golf, skiing, backpacking, and fly-fishing.