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Customer Reviews

Good intro book  October 17, 2011
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For those lacking experience with accounting, this is the text for you. It explains everything step-by-step so that anybody can follow. Getting through this book was quite a learning experience. And I got an A in the class!!!!!!!






Financial Accounting: Tools for Business Decision Making, 6th Edition: 4 out of 5 stars based on 1 user reviews.

Summary

This successful book continues to provide accountants with an understanding of the fundamental concepts necessary to use accounting effectively. The sixth edition offers new discussions on IFRS, including new codification numbers, examples of IFRS financial statements, and additional exercises. A look at more recent frauds such as the Bernie Madoff scandal have been added. Enhanced discussions of ethics and international accounting are presented. The coverage of non-cash items and their impact on decision making has been expanded. In addition, comprehensive case studies and problems help accountants tie the material together.

Table of Contents

Introduction to Financial Statements
A Further Look at Financial Statements
The Accounting Information System
Accrual Accounting Concepts
Merchandising Operations and the Multiple-Step Income Statement
Reporting and Analyzing Inventory
Fraud, Internal Control and Cash
Reporting and Analyzing Receivables
Reporting and Analyzing Long-Lived Assets
Reporting and Analyzing Liabilities
Reporting and Analyzing Stockholders' Equity
Statement of Cash Flows
Financial Analysis: The Big Picture
Tootsie Roll
Hershey Foods
Zytar, Plc
Time Value of Money
Table of Contents provided by Publisher. All Rights Reserved.

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