The formula for successful management is simple: attract capital at the lowest possible cost, and invest it in projects where the return exceeds the cost. But making the right decisions isn't easy. When students enter the workforce, they will need to understand economic factors, measurement issues, and the mechanics of financial accounting.
"Financial Accounting, 10th Edition, by Jamie Pratt and Michael Peters, provides students with a clear understanding of financial accounting by framing accounting processes in the context of real world business practices. It builds solid foundations in the mechanics of preparing the financial statements and the theories underlying the accounting measures of performance so that students can clearly understand the economic consequences associated with financial accounting choices. Pratt & Peters Financial Accounting explores key themes of measurement, decision-making, and economic factors."--Publisher description
Grounded in financial statements, Financial Accounting allows accountants to see not only the impact of financial transactions in financial statements, but also the impact of transactions on overall business decisions. The eighth edition offers new elements designed to sharpen Pratt’s economic decision-making foundation with a more timely, real-world focus. Up-to-date, expanded, and detailed IFRS coverage is now included. The SEC 2014 roadmap is explored in all chapters. Comprehensive coverage of real-world financial crisis issues is presented. Accountants will also find more discussions on the increasing role of management’s assessment of internal controls over financial reporting.
Work more effectively and gauge your progress along the way! This Study Guide is designed to accompany Pratt's Financial Accounting in an Economic Context, 6th Edition. It helps students review and apply their understanding of concepts discussed in the main text. Each chapter contains a detailed review of key concepts, multiple-choice questions, practice problems, and solutions. By focusing on three elemental themes -- economic factors, measurement issues, and decision-making perspective -- Jamie Pratt's Financial Accounting in an Economic Context, 6th Edition provides an enlightening coverage of financial accounting from an economic perspective, at once tightening the conceptual framework while enriching the essential contextual relevance of principles every business manager needs to understand.
A valuable resource for any business professional, this book shows how performance metrics available from the financial statements, shareholder value creation, and the firm's market value are all tied together. It also explores earnings management, including the use of discretion by management in the preparation of the financial statements to cast a favorable picture of the financial performance and condition of the firm. Readers will then delve more deeply into the methods used to account for operating, investing, and financing transactions.
These are the Working Papers to accompany Financial Accounting, 8th Edition. Financial Accounting, 8th Edition, by Weygandt, Kimmel, Kieso provides students with a clear introduction to financial accounting that is full of real world and relevant examples to students lives. The Team for Success authors understand where students struggle in this course and have developed a learning system that illustrates the accounting cycle and key transactions, while giving them the tools to apply their learning through sample exercises throughout the chapter. By expanding coverage of IFRS, this edition keeps students at the forefront of global issues that impact their future careers in business and accounting.
This is the Study Guide to accompany Financial and Managerial Accounting, Volume 1. Financial and Managerial Accounting, by Weygandt, Kimmel, Kieso is a new introductory program for the two semester accounting sequence that presents equal coverage of both introductory financial and managerial accounting topics. The Team for Success authors of Jerry Weygandt, Paul Kimmel, and Don Kieso bring years of industry, academic, and writing experience to the development of this new title which gives students the tools they need to understand the accounting cycle and key financial accounting topics, while presenting the managerial topics in an easy-to-understand fashion in a decision-making framework. The Team for Success authors understand where students struggle in introductory accounting, and have developed a learning system that illustrates the accounting cycle and key transactions, while giving student the tools to apply their learning through sample exercises throughout the chapter. Weygandt Financial and Managerial Accounting relates accounting concepts to real-world experiences, is full relevant examples to students' lives, and provides IFRS coverage that will prepare students for the global economy.