Corporate financial accounting 11th edition online

Inventories and Cost of Goods Sold 8. Long-Lived Assets 9. Liabilities and Interest Intercorporate Investments and Consolidations Financial Statement Analysis Glossary Index. Access Code Card. We're sorry! We don't recognize your username or password. Please try again. The work is protected by local and international copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student learning.

You have successfully signed out and will be required to sign back in should you need to download more resources. Introduction to Financial Accounting, 11th Edition. Sundem, University of Washington John A. A unique blend of theory, practice, and robust financial statement analysis. Introduction to Financial Accounting describes the most widely accepted accounting theory and practice with an emphasis on using and analyzing the information in financial statements.

This text also compares U. Financial Statement Portfolio , inserted in Chapter 2 and identified by a blue vertical bar on the page edges, provides a visual roadmap to financial statement analysis by highlighting key financial ratios and how to derive them from the financial statements.

The Financial Statement Portfolio also refers students to appropriate chapters in the book for in-depth coverage of these ratios. It is included in Chapter 2 to focus students on the usesof accounting information early in the course. Extensive treatment of ethics , with both text coverage and end-of-chapter problems focusing on this important topic in nearly every chapter. New to This Edition. Totally updated text to include current examples from real companies Extensive revisions for clarity Revision of problem material to include examples from corporate outcomes in the last two years Coverage of the current status of FASB and IASB regulatory action Highlights of likely upcoming changes in accounting standards, including revenue recognition and leases Updated Business First Boxes.

Table of Contents 1. Share a link to All Resources. Instructor Resources. Websites and online courses. Other Student Resources. Previous editions. If you're a student Buy this product Alternative formats. Description For introductory courses in Financial Accounting. This approach ensures that students learn basic concepts in accounting in a way that is relevant, stimulating, and fun. Chapters 3 and 4 come with updated Chapter Spotlights, featuring the latest financial statements and accounting practices of companies.

Students should be exposed to such Excel applications early and frequently in their business education. Throughout the book, most exhibits and journal entries are formatted as Excel worksheets. Several sections of the text are dedicated to discussing ethical problems that can arise in dealing with that particular subject matter and how they should be properly handled. Short exercises, exercises, and problems are more clearly labeled by learning objectives LO.

New Author, Wendy M. She teaches in a variety of formats, including large, small, and web-based sections. Accounting Cycle Tutorial. The tutorial, accessed by computer, smartphone, or tablet, provides students with brief, interactive activities covering each of the accounting cycle concepts. In addition to note taking, highlighting, and bookmarking, the Pearson eText offers interactive and sharing features.

Rich media options let students watch lecture and example videos as they read or do their homework. Instructors can share their comments or highlights, and students can add their own, creating a tight community of learners in your class.

The Pearson eText companion app allows existing subscribers to access their titles on an iPad or Android tablet for either online or offline viewing. About the Book Use Consistency, Repetition, and a High Level of Detail Scaffolding Approach: Chapter content and end-of-chapter material build from a basic, short exercise featuring one basic single concept, to more advanced problems featuring multiple learning objectives, encouraging practice and skill development among students.

The Eleventh Edition, Global Edition, includes updates in the Conceptual Framework and combines it with new and updated real-world applications. Chapter opening images and illustrations across chapters. Chapter 2 covers business transactions—how they impact the accounting equation and how they are journalized, posted, and summarized.

Box features reflect the latest discussions in the IFRS and harmonization contexts. Improved organization of material makes the sequence and flow of the topics easier to follow and retain.

Chapter 5 has been revised to include a new Chapter Spotlight on The LEGO Group to illustrate the use of internal controls and corporate governance; updated examples of accounting scandals and their repercussions to emphasize the significance of the need for internal controls under IFRS. Chapter 6 has a new Chapter Spotlight on Fast Retailing, illustrating a company accounting for merchandise operations across multiple brands.

Chapter 7 has a new Chapter Spotlight focusing on Airbus Group that illustrates how major companies with operations in multiple countries account PPE along with intangibles. Ethics coverage is a vital part of accounting. A self-contained section on straight-line amortization for bond premium or discount in Chapter 9 allows instructors to pick and choose what topics they want to cover.

Short exercises have been condensed and simplified in this edition to explain only one learning objective each to better cover single concepts as illustrations or class exercises while exercises cover two or three LOs and problems cover multiple LOs. Challenge Problems have been increased and added to every chapter, helping students develop higher-order critical thinking and problem-solving skills.

Tietz is an associate professor for the Department of Accounting in the College of Business Administration at Kent State University, where she has taught since Tietz is a co-author on Pearson's Managerial Accounting title with Karen Braun, and in addition, has been teaching and using Harrison and Pearson MyLab Accounting in her course for the last 5 years, making her the perfect addition to the Harrison author team!

Pearson eText. The Pearson eText, available through Pearson MyLab Accounting , gives students access to their textbook anytime, anywhere. Using embedded assessments, student performance is scored and recorded in the Pearson MyLab Accounting Gradebook.

New to This Edition. Illustrations of electronic bank statements Chapter 4. Accounting cycle is now covered in a more chronological sequence: Chapter 1 introduces the accounting cycle with a brief financial statement overview, using the financial statements of The Walt Disney Company. This first exposure to accounting explores financial statements in depth, familiarizes students with using real business data, and points out basic relationships between the different types of statements.

Chapter 2 continues the discussion of the accounting cycle by explaining how to journalize, post, and summarize basic transactions, and builds in repetition to ensure that students understand the fundamentals when they prepare the trial balance. Chapter 3 concludes the discussion of the accounting cycle with adjusting and closing entries, and preparation of the related trial balances to close the loop for students.

Up-to-the-minute coverage of the revised FASB accounting standard on revenue recognition, impacting accounting for sales returns and sales discounts, is included in Chapters 3, 5, and Coverage of inventory and cost of goods sold in Chapter 6 has been updated using Under Armour, Inc. Sound ethical judgment is important for every major financial decision—which is why this text provides consistent ethical reinforcement in every chapter. Several sections of the text are dedicated to discussing potential ethical problems that can arise when dealing with the corresponding topic, and how they should be properly handled.

A hypothetical Case Study in Chapter 4 introduces fraud concepts and how fraud can be prevented by internal control. Tietz is a co-author on Pearson's Managerial Accounting title with Karen Braun, and in addition, has been teaching and using Harrison and MyLab Accounting in her course for the last 5 years, making her the perfect addition to the Harrison author team!

Using embedded assessments, student performance is scored and recorded in the MyLab Accounting Gradebook. Accounting in the Headlines. Spark interest and increase engagement in introductory accounting with relevant and real-life examples that speak to students.

With the award-winning blog, Accounting in the Headlines, by Wendy Tietz, instructors can incorporate recent news articles featuring real companies and events into their course material to effectively illustrate introductory financial and managerial accounting concepts. Concise, tailorable, and updated on a weekly basis, these articles can be assigned through MyLab Accounting and Learning Catalytics. Instructors are provided with additional discussion questions, PowerPoint slides, and handout files, to support learning initiatives.