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Financial Accounting, 5th edition

Published by Pearson (July 14, 2021) © 2019

  • Robert Kemp University of Virginia
  • Jeffrey Waybright Spokane Community College
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Financial Accounting translates the essentials of accounting, so you understand why and when financially sound decisions are made in business today.

The 5th Edition features updated problems and activities. By using these real-world examples from businesses that you encounter in your everyday life, the text makes the material relevant and helps you have more of those “I get it” moments.

  1. Business, Accounting, and You
  2. Analyzing and Recording Business Transactions
  3. Adjusting and Closing Entries
  4. Accounting for a Merchandising Business
  5. Inventory
  6. The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics
  7. Cash and Receivables
  8. Long-Term and Other Assets
  9. Current Liabilities and Long-Term Debt
  10. Corporations: Paid-In Capital and Retained Earnings
  11. The Statement of Cash Flows
  12. Financial Statement Analysis

APPENDICES

  1. Columbia Sportswear Company Annual Report 2016 to Shareholders
  2. Time Value of Money—Future and Present Value Concepts
  3. FASB Update—Revenue Recognition

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