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Textbook Details

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Cover of Financial Accounting v3.0
Financial Accounting v3.0
By: 
Joe Ben Hoyle, C. J. Skender, and Leah Kratz
Published: 
July 2019
Discipline: 
Accounting Textbooks
ISBN (Digital): 
978-1-4533-9291-1

Financial Accounting leverages an effective question-and-answer format to structure the narrative and engage students in a practical, inquiry-based form of learning. Carefully developed to follow the standard scope and sequence of the typical financial accounting course, this textbook encourages students to think like accountants, rather than simply memorize operations. Learners are exposed to the basic principles of financial accounting while also developing an appreciation for its importance and logic so they can make prudent business decisions.

Brief Table of Contents

Chapter 1: What Is Financial Accounting, and Why Is It Important?

Chapter 2: What Should Decision Makers Know in Order to Make Good Decisions about an Organization?

Chapter 3: How Is Financial Information Delivered to Decision Makers Such as Investors and Creditors?

Chapter 4: How Does an Organization Accumulate and Organize the Information Necessary to Create Financial Statements?

Chapter 5: Why Is Financial Information Adjusted Prior to the Production of Financial Statements?

Chapter 6: Why Should Decision Makers Trust Financial Statements?

Chapter 7: In Financial Reporting, What Information Is Conveyed about Receivables?

Chapter 8: How Does a Company Gather Information about Its Inventory?

Chapter 9: Why Does a Company Need a Cost Flow Assumption in Reporting Inventory?

Chapter 10: In a Set of Financial Statements, What Information Is Conveyed about Property and Equipment?

Chapter 11: In a Set of Financial Statements, What Information Is Conveyed about Intangible Assets?

Chapter 12: In a Set of Financial Statements, What Information Is Conveyed about Investments?

Chapter 13: In a Set of Financial Statements, What Information Is Conveyed about Current and Contingent Liabilities?

Chapter 14: In a Set of Financial Statements, What Information Is Conveyed about Noncurrent Liabilities Such as Bonds?

Chapter 15: In a Set of Financial Statements, What Information Is Conveyed about Other Noncurrent Liabilities?

Chapter 16: In a Set of Financial Statements, What Information Is Conveyed about Shareholders’ Equity?

Chapter 17: In a Set of Financial Statements, What Information Is Conveyed by the Statement of Cash Flows?

Appendix A: Present Value Tables

Appendix B: Summary of Ratios and Financial Indicators


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