Financial Accounting, Global Edition, 3rd edition

Published by Pearson (23 January 2015) © 2016

  • Robert Kemp University of Virginia
  • Jeffrey Waybright Spokane Community College
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Title overview

For introductory financial accounting courses.

Understanding financial accounting as the language of business

Financial Accounting translates the essentials of accounting, so students understand why and when financially sound decisions are made in business today.

The 3rd Edition features updated problems and activities. By using these real-world examples from businesses that students encounter in their everyday lives, the text makes the material relevant and gives them more of those “I get it” moments.

Table of contents

  1. Business, Accounting, and You
  2. Analyzing and Recording Business Transactions
  3. Adjusting and Closing Entries
  4. Accounting for a Merchandising Business
  5. Inventory
  6. The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics
  7. Cash and Receivables
  8. Long-Term and Other Assets
  9. Current Liabilities and Long-Term Debt
  10. Corporations: Paid-In Capital and Retained Earnings
  11. The Statement of Cash Flows
  12. Financial Statement Analysis

APPENDICES

  1. Columbia Sportswear Company Annual Report 2016 to Shareholders
  2. Time Value of Money—Future and Present Value Concepts
  3. FASB Update—Revenue Recognition

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