Principles of Accounting, 15th edition

Published by Pearson (February 24, 2026) © 2027

  • Tracie L. Miller Franklin University , Austin Community College
  • Stephanie Poindexter Dallas College
  • Brenda Mattison Tri-County Technical College
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Title overview

Principles of Accounting uses proven pedagogical methods to present foundational and emerging topics in the field of accounting. Tested in class by the authors themselves, the approach targets mastery of the accounting cycle using engaging interactive content, real company examples and comprehensive problems that span chapters.

The 15th Edition incorporates new examples of well-known companies and their current financials. It also provides new insight into how companies use data analytics and visualizations to report financial information and make business decisions. Plus, new content delves into topics such as fraud and fraud triangle, AI and robotic process automation, and uses of generative AI in auditing.

Table of contents

THE FINANCIAL CHAPTERS

  1. Accounting and the Business Environment
  2. Recording Business Transactions
  3. The Adjusting Process
  4. Completing the Accounting Cycle
  5. Merchandising Operations
  6. Merchandising Inventory
  7. Accounting Information Systems
  8. Internal Control and Cash
  9. Receivables
  10. Plant Assets, Natural Resources, and Intangibles
  11. Current Liabilities and Payroll
  12. Partnerships
  13. Stockholders’ Equity
  14. Long-Term Liabilities
  15. Investments
  16. The Statement of Cash Flows
  17. Financial Statement Analysis

APPENDIX

  • A. Present Value Tables and Future Value Tables

THE MANAGERIAL CHAPTERS

  1. Introduction to Managerial Accounting
  2. Job Order Costing
  3. Process Costing
  4. Cost-Volume-Profit Analysis
  5. The Budgeting Process
  6. Flexible Budgets and Standard Cost Systems
  7. Cost Allocation and Responsibility Accounting
  8. Short-term Business Decisions
  9. Capital Investment Decisions

APPENDICES

  • A. Present Value Tables and Future Value Tables
  • B. The Statement of Cash Flows
  • C. Financial Statement Analysis

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