Gain a clear understanding of the important relationships between accounting, financial statements and business decisions with Rich/Jones/Myers' FINANCIAL ACCOUNTING, 5E. This edition's proven approach is built around the way students like you read and use texts. This edition helps you master the fundamentals of financial accounting more quickly and independently so you can focus on how accounting information is used in real companies today. The authors illustrate each major concept using memorable examples from familiar organizations and conceptual insights that explain the reasons behind the processes. Helpful videos from the authors are available to reinforce concepts and optional CNOWv2 digital resources provide support with homework, study and review.
- Conceptual Clarity with Step-by-Step Examples: Each concept is explained with stepwise examples and insights, supported by linked videos and exercises for independent learning.
- Real-World Vignettes: Chapters begin with engaging stories from companies like Apple, Verizon, and Google to show accounting in action.
- Use of Actual Financial Statements: Students analyze real data from companies like Vail Properties and Callaway Golf to apply concepts.
- Ethical Decision-Making Skills: “Ethical Decisions” features in each chapter help students evaluate the ethical implications of business actions.
- “Show Me How” Videos: Author-created videos simulate office-hour guidance, helping students understand problem-solving processes.
- “Tell Me More” Videos: On-demand videos explain basic concepts step-by-step, supporting flexible and independent learning.
- Algorithmic Problems Using 10-Ks: Exercises require students to extract and analyze real financial data, promoting integrity and deeper analysis.
Cengage Digital App includes : Case data
1. Accounting and the Financial Statements
1s. Reading a Company’s Annual Report and Form 10-K
2. The Accounting Information System
3. Accrual Accounting
4. Internal Control and Cash
5. Sales and Receivables
6. Cost of Goods Sold and Inventory
7. Operating Assets
8. Current and Contingent Liabilities
9. Long-Term Liabilities
10. Stockholders' Equity
11. The Statement of Cash Flows
12. Financial Statements Analysis
Appendix 1 Data Analytics and Accounting Information
Appendix 2: Investments
Appendix 3: International Financial Reporting Standards.
Appendix 4: Financial Statement Information: The Kroger Co.
Appendix 5 Financial Statement Information: Sprouts Farmers Market, Inc.
Jay S. Rich
Jay Rich is a professor of accounting at Illinois State University.
Jefferson P. Jones
Dr. Jefferson P. Jones is an associate professor of accounting in the School of Accountancy at Auburn University, where he teaches financial accounting and applied financial research courses.
Linda Ann Myers
Linda A. Myers is a distinguished professor of accounting and holder of the Haslam Chair of Business at The University of Tennessee, Knoxville (UTK).
