Fundamental Accounting Principles

Already on its 20th edition, Fundamental Accounting Principles (ISBN 9780078110870) has been a best-selling introductory-level reference for more than 50 years. In this edition, authors John Wild, Ken Shaw, and Barbara Chiappetta were able to include new learning tools with the help of technology. The book tackles the principles of keeping financial accounts and how they are applied to business and commerce, teaching students not only how to analyze and record transactions and prepare financial statements but also how the accounting cycle works and how important it is to running a successful enterprise. Mainly used by accounting majors taking up introductory courses, this reference is also appropriate for students of business and finance, as well as entrepreneurs looking to understand the basics of small business accounting. Other topics in this book by Wild, Shaw, and Chiappetta include accounting as applied in merchandising operations, cost and inventories of sale, accounting information systems, and internal and cash controls. There are also detailed units focusing on accounting for receivables, intangibles, natural resources, and plat assets, plus sections on payroll accounting and current liabilities. Fundamental Accounting Principles goes on to cover finance-driven managerial decisions and capital budgeting. This textbook features study guides and working papers. The exclusive ‘instructor edition' supplement includes a resource CD plus a complete solutions manual. The ‘student edition' supplement contains a study guide, working papers, and electronic papers plus a Peachtree application and general ledger CD. An interactive online supplement is also available through Assessment and Learning in Knowledge Spaces.