New In-Chapter Learning Tools
- Accounting Alerts! Boxes in each chapter focus on issues that can affect accounting decisions or on pitfalls to watch out for.
- Taking Action: Immediately after they learn a concept, students are asked to make a business decision. Their ability to make this decision with the information provided gives them an immediate application of the concept and allows them to check their understanding of the material.
- Making Mangerial Decisions: This feature presents a presents a specific situation that needs a decision, along with the accounting guidelines to use in making the decision, in an easy-to-use table format.
- Focus on Financials: YUM! Brands. Yum! Brands, Inc. financial statements are used in case exercises at the end of each chapter. Selected excerpts from YUM! Statements also appear throughout the text where appropriate to assist learning. The full statements appear in Appendix A.
- Focus on Analysis: Pier 1 Imports Pier 1 Imports financial statements are used in an additional case exercise focused on analysis that appears at the end of each chapter. The full statements appear in Appendix B.
Chapter 1 The Financial Statements
Chapter 2 Transation Analysis
Chapter 3 Using Accrual Accounting to Measure Income
Chapter 4 Internal Control and Cash
Chapter 5 Short-Tren Investments and Receivables
Chapter 6 Merchandise Investments and Receivables
Chapter 7 Plant Asset, Natural Resources, and Intangibles
Chapter 8 Current and Long-Tern Liabilities
Chapter 9 Stockholder's Equity
Chapter 10 Long-Tern Investments & International Operations
,etc.