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Financial and Managerial Accounting

By Carl Warren, Jefferson Jones, William B. Tayler

15th Edition © 2020
Discipline:Accounting
Course:Accounting: Financial and Managerial
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Provide a solid foundation in accounting fundamentals as you motivate students by demonstrating accounting's importance in business with Warren/Jones/Tayler’s FINANCIAL AND MANAGERIAL ACCOUNTING, 15E. This leading book's business examples and new chapter schemas provide meaningful context for readers. The authors clearly demonstrate how each chapter’s content fits into the "big picture." This edition connects fundamental accounting concepts to challenges and success in real businesses today. In addition, new Certified Management Accountant (CMA) exam questions prepare students for professional success, while Pathways Challenges help readers hone critical-thinking skills. This edition also works seamlessly with CNOWv2 online resources to provide a range of activities that address each stage of the learning process from motivation to mastery.

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About this product

Provide a solid foundation in accounting fundamentals as you motivate students by demonstrating accounting's importance in business with Warren/Jones/Tayler’s FINANCIAL AND MANAGERIAL ACCOUNTING, 15E. This leading book's business examples and new chapter schemas provide meaningful context for readers. The authors clearly demonstrate how each chapter’s content fits into the "big picture." This edition connects fundamental accounting concepts to challenges and success in real businesses today. In addition, new Certified Management Accountant (CMA) exam questions prepare students for professional success, while Pathways Challenges help readers hone critical-thinking skills. This edition also works seamlessly with CNOWv2 online resources to provide a range of activities that address each stage of the learning process from motivation to mastery.

AUTHOR-WRITTEN END-OF-CHAPTER MATERIALS PROVIDE AN ACCURACY YOU AND YOUR STUDENTS CAN TRUST. The authors apply their vast teaching and business experience to developing and revising this edition’s end-of-chapter materials. In addition, all end-of-chapter content is verified by dedicated Subject Matter Experts to further ensure accuracy.

SIMPLE-TO-COMPLEX STUDENT-FOCUSED LEARNING FEATURES ENSURE COMPREHENSION. The book’s authors integrate their own business experience and professional knowledge with input from leading accounting faculty. This edition presents a proven simple-to-complex pedagogy that facilitates student learning as readers progress through the text.

PRESENTATION STYLE APPEALS TO CONTEMPORARY LEARNERS. Built for today's students, this edition presents content in an appealing presentation style that reflects how the current generation of students reads and assimilates information. Short paragraphs, concise bullets, stepwise progression, and meaningful Illustrations and graphs engage students and ensure retention.

REVENUE RECOGNITION STANDARD COVERAGE KEEPS STUDENTS UP TO DATE. The latest coverage of revenue recognition integrates content with the chapter's illustration of NetSolutions, a realistic retail business.

Table of contents

Chapters

Cover Page
Title Page
Copyright Page
Preface
Acknowledgements
About the Authors
Chapter 1. Introduction to Accounting and Business*Preview this chapter
Chapter 2. Analyzing Transactions
Chapter 3. The Adjusting Process
Chapter 4. The Accounting Cycle
Chapter 5. Accounting for Retail Businesses
Chapter 6. Inventories
Chapter 7. Internal Control and Cash
Chapter 8. Receivables
Chapter 9. Long-Term Assets: Fixed and Intangible
Chapter 10. Liabilities: Current, Installment Notes, and Contingencies
Chapter 11. Liabilities: Bonds Payable
Chapter 12. Corporations: Organization, Stock Transactions, and Dividends
Chapter 13. Statement of Cash Flows
Chapter 14. Financial Statement Analysis
Chapter 15. Introduction to Managerial Accounting
Chapter 16. Job Order Costing
Chapter 17. Process Cost Systems
Chapter 18. Activity-Based Costing
Chapter 19. Support Department and Joint Cost Allocation
Chapter 20. Cost-Volume-Profit Analysis
Chapter 21. Variable Costing for Management Analysis
Chapter 22. Budgeting
Chapter 23. Evaluating Variances from Standard Costs
Chapter 24. Evaluating Decentralized Operations
Chapter 25. Differential Analysis and Product Pricing
Chapter 26. Capital Investment Analysis
Chapter 27. Lean Manufacturing and Activity Analysis
Chapter 28. The Balanced Scorecard and Corporate Social Responsibility
Appendix A. Interest Tables
Appendix B. Revenue Recognition
Appendix C. International Financial Reporting Standards (IFRS)
Appendix D. Investments
Appendix E. Nike Inc., Form 10-K for the Fiscal Year Ended May 31, 2017 Selected Excerpts
Appendix F. Special Journals and Subsidiary Ledgers
Endsheets
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Chapter 1. Introduction to Accounting and BusinessPreview this chapter ↗

Nature of Business and Accounting
Preview this section ↗
Types of Businesses ↗
Role of Accounting in Business ↗
Role of Ethics in Accounting and Business ↗
Opportunities for Accountants ↗
Generally Accepted Accounting Principles (GAAP)
Preview this section ↗
Characteristics of Financial Information ↗
Assumptions ↗
Principles ↗
The Accounting Equation ↗
Business Transactions and the Accounting Equation
Preview this section ↗
Summary ↗
Classifications of Stockholders’ Equity ↗
Financial Statements
Preview this section ↗
Income Statement ↗
Statement of Stockholders’ Equity ↗
Balance Sheet ↗
Statement of Cash Flows ↗
Interrelationships among Financial Statements ↗
Let’s Review. Chapter Summary ↗
Key Terms ↗
Practice ↗
Discussion Questions ↗
Basic Exercises ↗
Exercises ↗
Problems: Series A ↗
Problems: Series B ↗
Continuing Problem ↗
Make a Decision: Ratio of Liabilities to Stockholders’ Equity ↗
Take It Further ↗
Show more

Resources

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