Financial Accounting
By Jay S. Rich, Jeff Jones
About your course materials
Help students focus on why accounting matters and understand the relationship between accounting, financial statements, and business decisions using Rich and Jones' "Financial Accounting," 7th Edition.
The text guides readers through the basics quickly and independently, allowing you to focus class time on the use of accounting information in real-world companies. With fundamental concepts embedded in the reading, students learn how to interpret a company's annual report. Practical application leads to a more engaging class and prepares students for long-term professional success. Cengage's learning platform, CNOWv2, provides key practice opportunities with auto-graded assignments, algorithmic Annual Report Problems, Excel Online activities, Tableau dashboard activities, and a comprehensive video library prepared and recorded by the authors to help students when they need it.
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About this product
Help students focus on why accounting matters and understand the relationship between accounting, financial statements, and business decisions using Rich and Jones' "Financial Accounting," 7th Edition.
The text guides readers through the basics quickly and independently, allowing you to focus class time on the use of accounting information in real-world companies. With fundamental concepts embedded in the reading, students learn how to interpret a company's annual report. Practical application leads to a more engaging class and prepares students for long-term professional success. Cengage's learning platform, CNOWv2, provides key practice opportunities with auto-graded assignments, algorithmic Annual Report Problems, Excel Online activities, Tableau dashboard activities, and a comprehensive video library prepared and recorded by the authors to help students when they need it.
Annual report problems use company Form 10-Ks to give students experience analyzing real-world reports, with accessible solutions and a library of companies in CNOWv2.
Chapter-opening vignettes use real companies and financial statements to show how accounting information supports business decisions and brings key concepts to life.
Real-world financial statements introduce students to Form 10-Ks early, helping them connect accounting concepts, financial statement analysis, and business decisions.
Author-written end-of-chapter materials and a thorough verification process using dedicated subject matter experts ensure content accuracy for you and your students.
Table of contents
- 1. Accounting and the Financial Statements.
- 1s. Reading a Company’s Annual Report and Form 10-K.
- 2. The Accounting Information System.
- 3. Accrual Accounting.
- Making the Connection, Integrative Exercise: The Accounting Cycle.
- 4. Internal Control and Cash.
- 5. Sales and Receivables.
- 6. Cost of Goods Sold and Inventory.
- 7. Operating Assets.
- Making the Connection, Integrative Exercise: Integrated Asset Accounting.
- 8. Current and Contingent Liabilities.
- 9. Long-Term Liabilities.
- 10. Stockholders' Equity.
- Making the Connection, Integrative Exercise: Integrating Accounting for Liabilities and Equity.
- 11. The Statement of Cash Flows.
- 12. Financial Statements Analysis.
- Appendix 1: Investments.
- Appendix 2: Time Value of Money.
- Appendix 3: International Financial Reporting Standards.
- Appendix 4: Financial Statement Information: The Kroger Co.
- Appendix 5: Financial Statement Information: Sprouts Farmers Market.
- Glossary.
- Check Figures.
- Index.
Resources
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Pricing and formats
CNOWv2
Build accounting and tax skills with real-world practice, flexible assignments, and AI-powered support.
eBook
Give students digital access to textbook content with tools to highlight, bookmark and search as they read.
Paperback
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