Financial & Managerial Accounting, 14th Edition

Gain a solid foundation in the core accounting concepts as you develop a true appreciation for why accounting is important to business and a prosperous society with Warren/Reeve/Duchac’s FINANCIAL AND MANAGERIAL ACCOUNTING, 14E. This latest edition clearly demonstrates how accounting is more than just data and black and white rules. Instead, you see how accounting provides key information used to make critical business decisions. A new chapter schema provides context that emphasizes how each chapter’s content fits into the big picture. The book focuses on why accounting is important and consistently reinforces connections to the big picture throughout the text by connecting journal entries to the accounting equation. You also gain important practice in making business decisions.

Table of Contents

Chapter 1: Introduction to Accounting and Business
Chapter 2: Analyzing Transactions
Chapter 3: The Adjusting Process
Chapter 4: Completing the Accounting Cycle
Chapter 5: Accounting for Merchandising 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, 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: Cost-Volume-Profit Analysis
Chapter 20: Variable Costing for Management Analysis
Chapter 21: Budgeting
Chapter 22: Evaluating Variances from Standard Costs
Chapter 23: Evaluating Decentralized Operations
Chapter 24: Differential Analysis and Product Pricing
Chapter 25: Capital Investment Analysis
Chapter 26: Lean Manufacturing and Activity Analysis
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, 2015