This student-friendly examination of accounting theory and practice offers extensive real-world examples and illustrations throughout—from corporations such as Microsoft, Coca Cola, Hershey Foods, IBM, General Motors, and General Electric. The authors’ active writing style makes the presentation readable and appealing, explaining complex topics in a manner that students will find relevant.
Less-frequently covered topics are transferred to Appendices or to the text’s website, shortening the book and enabling students to focus on those concepts presented.
New To This Edition:
* Real world companies—Including Microsoft, Coca Cola, Pepsico, Hershey Foods, IBM, General Motors, Ford, General Electric and more are highlighted throughout the chapters.
* Pedagogical features for each chapter—Internet assignments and learning objectives for each chapter.
* Text coverage of consolidations—Focused on parent company accounting using the full or complete equity method.
* Coverage of parent company accounting—Under the cost and incomplete equity methods is maintained on the website, for those instructors wishing to offer these as additional coverage.