Financial Accounting Global Edition 8th Edition Libby Test Bank

Financial Accounting Global Edition 8th Edition Libby Test Bank

Product details:

• ISBN-10 ‏ : ‎ 0078025559
• ISBN-13 ‏ : ‎ 978-0078025556
• Author: Patricia Libby

Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design.

Libby/Libby/Short successfully implements a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.

Table contents:

• Part 1 A conceptual framework: setting the scene
• 1 Who needs accounting?
• 2 A systematic approach to financial reporting: the accounting equation
• 3 Financial statements from the accounting equation
• 4 Ensuring the quality of financial statements
• Part 2 Reporting the transactions of a business
• 5 Accounting information for service businesses
• 6 Accounting information for trading businesses
• Part 3 Recognition in financial statements
• 7 Published financial statements
• 8 Non-current (fixed) assets
• 9 Current assets
• 10 Current liabilities
• 11 Provisions and non-current (long-term) liabilities
• 12 Ownership interest
• Part 4 Analysis and issues in reporting
• 13 Ratio analysis
• 14 Reporting corporate performance
• 15 Reporting cash flows
• Financial accounting terms defined

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