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Financial and Managerial Accounting remains the leading reference for students who want to learn and master corporate accounting. The 11th edition takes fundamental concepts and presents them in a fresher perspective, incorporating up-to-date examples that are relevant to the 21st century. Authors Warren, Reeve, and Duchac retain their proven and highly...
Financial and Managerial Accounting remains the leading reference for students who want to learn and master corporate accounting. The 11th edition takes fundamental concepts and presents them in a fresher perspective, incorporating up-to-date examples that are relevant to the 21st century. Authors Warren, Reeve, and Duchac retain their proven and highly effective approach, giving students the foundational knowledge they need to excel in the field. The first chapters serves as the introduction to both accounting and business, and are followed by discussions of key concepts such as analyzing transactions, adjusting, and completing the accounting cycle. The book also looks into merchandising businesses, followed by inventories, and internal control. There is an entire section on receivables, fixed and intangible assets, current liabilities and payroll, followed by stock transactions, dividends and organization of corporations. The succeeding chapters offer useful knowledge about investments, fair value accounting, cash flow statements, analysis of financial statements, and other managerial accounting principles and concepts. Financial & Managerial Accounting (ISBN 9780538480895) also explains job order costing, cost systems and cost behavior, variable costing, and budgeting. Authors Warren, Reeve, and Duchac tackle performance evaluation, differential analysis, product pricing, and capital investment analysis, plus cost allocation and management. Appendices include interest tables, international financial reporting standards, special journals and subsidiary ledgers, and reversing entries. Written by some of the greatest minds in the field, this textbook is definitely one of the most widely used references in accounting, finance and management. The author pool is made up of acclaimed professors and writers who have been together since the early editions of Financial and Managerial Accounting.
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