Introductory Financial Accounting for Business 2nd Edition by Christopher Edmonds, Mark Edmonds, Jennifer Edmonds ISBN 126409695X 9781264096954

Introductory Financial Accounting for Business 2nd Edition by Christopher T. Edmonds, Mark A. Edmonds, Jennifer E. Edmonds – Ebook PDF Instant Download/Delivery: 126409695X, 9781264096954

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Product details:

ISBN 10: 126409695X

ISBN 13: 9781264096954

Author:  Christopher T. Edmonds, Mark A. Edmonds, Jennifer E. Edmonds 

Introductory Financial Accounting for Business 2nd Edition: Learning Financial Accounting can often feel like learning a foreign language to students. Before students even grasp the underlying concepts of Accounting, they are immersed in unfamiliar terms, and before students fully realize the purpose of financial statements, they are asked to make detailed recording procedures. This early emphasis on terminology and recording can be a struggle for non-accounting majors to see the relevancy, leading to increased dropouts and higher failure rates. This creates a challenge for Financial Accounting instructors, who must balance the need to engage and retain non-majors while fully preparing Accounting majors for the next level.

The authors of Introductory Financial Accounting for Business offer a solution emphasizing an analytical approach to Accounting – teaching students to think like business professionals and speak in terms of bottom-line consequences: How will a given transaction impact my overall business? How can I make better business decisions whether I’m an accountant, manager, or entrepreneur?

Business leaders are demanding that new graduates have these critical thinking skills in order to handle a rapidly changing modern business environment. Today’s students will encounter new technological advances in automated data capture, data analytics, and artificial intelligence – processes that are automating traditional recording procedures. Rather than tallying transactions, students will be required to analyze and interpret data, making decisions early and often and thinking like business professionals. The Edmonds/Olds team’s fresh approach and modern pedagogy helps prepare students for their business careers.

 

Introductory Financial Accounting for Business 2nd Edition Table of contents:

Chapter 1: An Introduction to Accounting

• Section 1: Collecting and Organizing Information
• Section 2: Reporting Information

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

 

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