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Survey of Accounting

Accounting

ISBN:

978-1-959142-57-7

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Survey of Accounting

Jim Stice, PhD Earl Kay Stice, PhD

Students start with financial accounting, learning to read and interpret the balance sheet, income statement, and statement of cash flows, then analyze a company's financial health. The second half turns to managerial accounting, covering cost flows, activity-based costing, budgeting and control, cost-volume-profit analysis, and the relevant information managers need to make decisions. Along the way, students see how accountants use judgment, and how financial information shapes who gets loans, who attracts investors, and who earns bonuses.

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Course Objective

This resource provides a comprehensive introduction to essential financial and managerial accounting principles, aimed at preparing students for success in business school and the business world.

Table of Contents

Chapter 1: The Nature and Purpose of Financial Accounting Chapter 2: Overview of the Financial Statements Chapter 3: The Balance Sheet Chapter 4: The Income Statement Chapter 5: The Statement of Cash Flows Chapter 6: Introduction to Financial Statement Analysis Midterm Exam Chapter 7: Cost Flows and Business Organizations Chapter 8: Activity-Based Costing Chapter 9: Budgeting and Control Chapter 10: Controlling Cost and Profit Chapter 11: Cost Behavior and Decisions Using C-V-P Analysis Chapter 12: Relevant Information and Decisions Final Exam

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