Introductory Financial Accounting for Business
2024 Release
by Thomas Edmonds, Christopher T. Edmonds, Mark A. Edmonds
Publisher: McGraw-Hill Higher Education
Book Details
| Print ISBN | 9781265212025 |
| eText ISBN | 9781264096954 |
| Publisher | McGraw-Hill Higher Education |
| Publishing Year | 2024 |
| Language | English |
| Pages | 864 |
Introductory Financial Accounting for Business: 2024 Release is a textbook published by McGraw-Hill Higher Education that introduces foundational accounting concepts through a decision-making framework. The volume prioritizes analytical thinking over routine bookkeeping, guiding students across business disciplines to interpret financial data effectively.
The text addresses core subjects including accruals, deferrals, merchandising businesses, inventories, receivables, and long-term operational assets. It also examines current liabilities, payroll, long-term debt, organizational structures, internal controls, and financial statement analysis.
Designed to engage non-accounting majors while preparing accounting majors for advanced study, the volume uses a horizontal financial statements model. This framework either delays or eliminates debits and credits in the first course, focusing attention on the statement of cash flows.
Table of Contents
Chapter 1: An Introduction to Accounting
Chapter 2: Accounting for Accruals
Chapter 3: Accounting for Deferrals
Chapter 4: Accounting for Merchandising Businesses
Chapter 5: Accounting for Inventories
Chapter 6: Internal Control and Accounting for Cash
Chapter 7: Accounting for Receivables
Chapter 8: Accounting for Long-Term Operational Assets
Chapter 9: Accounting for Current Liabilities and Payroll
Chapter 10: Accounting for Long-Term Debt
Chapter 11: Proprietorships, Partnerships, and Corporations
Chapter 12: Statement of Cash Flows
Chapter 13: The Double-Entry Accounting System
Chapter 14: Financial Statement Analysis (Available online in Connect)
Chapter Appendix A: Accessing the EDGAR Database
Chapter Appendix B: Portion of the Form 10-K for Target Corporation
Chapter Appendix C: Summary of Financial Ratios
Chapter Appendix D: General Ledger Capstone Project (An Electronic Version of This Project is Available in Connect)
Chapter Appendix E: Annual Report and Financial Statement Analysis
Chapter Appendix F: Accounting for Investment Securities
Chapter Appendix G: Time Value of Money
Chapter Appendix H: Big Data and Data Visualizations Overview
Chapter Appendix I: Chart of Accounts
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