Horngren's Financial & Managerial Accounting, 7th edition

Published by Pearson (December 28, 2020) © 2021

  • Tracie Miller-Nobles Austin Community College, Texas
  • Brenda Mattison Tri-County Technical College
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Horngren's Financial & Managerial Accounting presents the core content of principles of accounting courses in a fresh format designed to help you succeed. As teachers first, the author team knows the importance of delivering a student experience free of obstacles. Their pedagogy and content uses leading methods in teaching critical foundational and emerging topics (e.g., data analytics and employability skills) in the field of accounting, and concentrates on improving student results, all tested in class by the authors themselves.

With this in mind, the 7th Edition continues to focus on readability and comprehension and takes this a step further in the managerial chapters by showing you how managerial accounting is used as a tool to help all business people make optimal decisions.

THE FINANCIAL CHAPTERS

  1. Accounting and the Business Environment
  2. Recording Business Transactions
  3. The Adjusting Process
  4. Completing the Accounting Cycle
  5. Merchandising Operations
  6. Merchandising Inventory
  7. Internal Control and Cash
  8. Receivables
  9. Plant Assets, Natural Resources, and Intangibles
  10. Investments
  11. Current Liabilities and Payroll
  12. Long-Term Liabilities
  13. Stockholder's Equity
  14. The Statement of Cash Flows
  15. Financial Statement Analysis

APPENDICES

  1. Present Value Tables and Future Value Tables
  2. Accounting Information Systems

THE MANAGERIAL CHAPTERS

  1. Introduction to Managerial Accounting
  2. Job Order Costing
  3. Process Costing
  4. Lean Management Systems: Activity-Based, Just-in-Time, and Quality Management Systems 
  5. Cost-Volume Profit Analysis
  6. Variable Costing
  7. Master Budgets
  8. Flexible Budgets and Standard Cost Systems
  9. Responsibility Accounting and Performance Evaluation
  10. Short-Term Business Decisions
  11. Capital Investment Decisions

APPENDICES

  1. Present Value Tables and Future Value Tables
  2. The Statement of Cash Flows
  3. Financial Statement Analysis

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