First of all, I have to admit that accounting has an image problem. Be honest: What’s the first thing that pops into your mind when you see the word “accountant”? You probably think of a nerd wearing a green eyeshade who has the personality of an undertaker (no offense meant to undertakers, of course). Well, I’ve never worn a green eyeshade in my life, and I can assure you that I’m no…
Financial accounting is concerned mainly with the historical aspects of external reporting, that is, providing fmanc :ial information to outside parties such as investors, creditors, and governments To protect those 01 itside parties from being misled, financial accounting is governed by what are called -^- ---11.. ^^^^_d C;eneruLiy uLc.epied accounting principles (GAAP). Management accounting,…
Long-term liabilities are liabilities that will be paid after 1 year or after the operating cycle (whichever is longer), counting from the balance sheet date. Examples would be bonds payable, long-term notes payable, mortgages payable, pensions, and leases. Pensions and leases will be discussed in later chapters of this book. In this chapter, the emphasis will be on bonds payable and notes paya…
Accounting knowledge is a core business skill that both complements and enhances your other talents. Individuals promoted to management or supervisory roles from either line or staff jobs find that many of their new responsibilities involve knowing something about accounting. Congratulations on your promotion! You’ve come to the right place to start developing those accounting skills. If you …
This book makes an excellent companion to any standard text, or it can be used as a stand-alone volume. It is designed to present the subject in a straightforward, approachable man- ner. Financial accounting is an incremental process. What you learn in earlier chapters is used in later ones. There are no shortcuts to learning financial accounting, but at the same time, if it is taught clearly,…
First of all, I have to admit that accounting has an image problem. Be honest: What’s the first thing that pops into your mind when you see the word “accountant”? You probably think of a nerd wearing a green eyeshade who has the personality of an undertaker (no offense meant to undertakers, of course). Well, I’ve never worn a green eyeshade in my life, and I can assure you that I’…
Financial Management, designed for finance and business students, presents the theory and application of corporate finance. As in the preceding volumes in the Schaum’s Outline Series in Accounting, Business, and Economics, the solved-problems approach is used, with emphasis on the practical application of principles, concepts, and tools of financial management. Although an elementary kno…
Long-term liabilities are liabilities that will be paid after 1 year or after the operating cycle (whichever is longer), counting from the balance sheet date. Examples would be bonds payable, long-term notes payable, mortgages payable, pensions, and leases. Pensions and leases will be discussed in later chapters of this book. In this chapter, the emphasis will be on bonds payable and notes p…
Clear, Connected, Complete: The Big Picture of Accounting From the smallest mom-and-pop retailer to the largest multinational corporation, businesses of all sizes are recognizing that accounting professionals are no longer simply “number crunchers” but rather essential partners in achieving the fundamental goals of their organization. Intermediate Accounting, 17e provides a powerful c…
Intermediate Accounting Works Intermediate Accounting is the market-leading textbook in providing the tools needed to understand what GAAP is and how it is applied in practice. With this Fourteenth Edition, we strive to continue to provide the material needed to understand this subject area. The book is comprehensive and up-to-date, and provides the instructor with flexibility in the topics …
Today’s health care system, with its many different types of health care organizations, is extremely complex. The science of health care is complex, the physical maintenance of the facilities is complex, the interactions and human behaviors within the organizations are complex, and so too are the financial and accounting requirements. The complexity of today’s environment has resulted in th…