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AccountingGlobal editionfinancial accounting7th EditionBy Robert Libby, Cornell University-Ithaca, Patricia Libby, Ithaca Collegeand Daniel G Short, Texas Christian University2011 (September 2010) / 896 pagesISBN: 9780078111020ISBN: 9780071313940 [GE]www.mhhe.com/libby7eLibby/Libby/Short wrote this text based on their belief that the subjectof financial accounting is inherently interesting, but financial accountingtextbooks are often not. They believe most financial accountingtextbooks fail to demonstrate that accounting is an exciting field ofstudy and one that is important to future careers in business. Whenwriting this text, they considered career relevance as their guide whenselecting material, and the need to engage the student as their guideto style, pedagogy, and design. Libby/Libby/Short is the only financialaccounting text to successfully implement a real-world, single focuscompany approach in every chapter. Students and instructors haveresponded very favorably to the use of focus companies and thereal-world financial statements. The companies chosen are engagingand the decision-making focus shows the relevance of financialaccounting regardless of whether or not the student has chosen tomajor in accounting.ContentsChapter 1: Financial Statements and Business DecisionsFocus company: Maxidrive CorporationChapter 2: Investing and Financing Decisions and the Balance SheetFocus company: Papa John’s InternationalChapter 3: Operating Decisions and the Income StatementFocus company: Papa John’s InternationalChapter 4: Adjustments, Financial Statements, and the Quality ofEarningsFocus company: Papa John’s InternationalChapter 5: Communicating and Interpreting Accounting InformationFocus company: Callaway GolfChapter 6: Reporting and Interpreting Sales Revenue, Receivables,and CashFocus company: Deckers Outdoor CorporationChapter 7: Reporting and Interpreting Cost of Goods Sold andInventoryFocus company: Harley-Davidson, Inc.Chapter 8: Reporting and Interpreting Property, Plant, and Equipment;Natural Resources; and IntangiblesFocus company: Southwest AirlinesChapter 9: Reporting and Interpreting LiabilitiesFocus company: StarbucksChapter 10: Reporting and Interpreting BondsFocus company: Burlington Northern Santa FeChapter 11: Reporting and Interpreting Owners’ EquityFocus company: KrogerChapter 12: Reporting and Interpreting Investments in Other CorporationsFocus company: The Washington Post CompanyChapter 13: Reporting and Interpreting Investments in Other CorporationsFocus company: National Beverage Corp.Chapter 14: Analyzing Financial StatementsFocus company: Home DepotAppendix A: Present and Future Value TablesAppendix B: American Eagle Outfitters Annual ReportAppendix C: Pacific Sunwear 2004 Annual ReportAppendix D: Industry Ratio ReportInternational editionFUNDAMENTALS OF FINANCIALACCOUNTING WITH ANNUAL REPORT3rd EditionBy Fred Phillips, University of Saskatchewan, Robert Libby, CornellUniversity and Patricia Libby, Ithaca College2011 (January 2010)ISBN: 9780077344931ISBN: 9780071313780 [IE]www.mhhe.com/phillips3eFundamentals of Financial Accounting, presents an engaging, balanced,and appropriately paced analysis of the fundamentals of financialaccounting. Its conversational writing style makes it easy to readand understand, while the selection of real focus companies reinforcesthe relevance of accounting by introducing students to accounting andbusiness activities in the context of their favorite companies. Balancebetween preparer and user orientations is achieved throughout thebook, by studying both the accounting activities that take place insidethe company, as well as evaluating their impact on decisions, andusers outside the company. Topic coverage is paced appropriatelyfor students new to accounting, and is thoroughly reinforced everystep of the way with an ample variety of innovative pedagogical tools.Clearly understandable, relevant, and accessible, Fundamentals ofFinancial Accounting is simply the most student-friendly financial bookon the market and provides the tools for students to grasp financialaccounting from the ground up.ContentsChapter 1: Business Decisions and Financial AccountingChapter 2: Reporting Investing and Financing Results on the BalanceSheetChapter 3: Reporting Operating Results on the Income StatementChapter 4: Adjustments, Financial Statements, and Financial ResultsChapter 5: Financial Reporting and AnalysisChapter 6: Internal Control and Financial Reporting for Cash andMerchandise SalesChapter 7: Reporting and Interpreting Inventories and Cost of GoodsSoldChapter 8: Reporting and Interpreting Receivables, Bad Debt Expense,and Interest RevenueChapter 9: Reporting and Interpreting Long-Lived Tangible andIntangible AssetsChapter 10: Reporting and Interpreting LiabilitiesChapter 11: Reporting and Interpreting Stockholders’ EquityChapter 12: Reporting and Interpreting the Statement of Cash FlowsChapter 13: Measuring and Evaluating Financial PerformanceAppendix A: Excerpts from the Fiscal 2008 Annual Report of TheHome Depot, IncAppendix B: Excerpts from the Fiscal 2008 Annual Report of Lowe’sCompanies, IncAppendix C: Present and Future Value ConceptsAppendix D: Reporting and Interpreting Investments in Other Corporations(at text website www.mhhe.com/phillips3e)All Global Editions areadapted to better meet theneeds of courses outsidethe United States.Please contact your localsales representative formore details.15

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