Rev. ed. of Fundamentals financial accounting concepts/ Thomas P. Edmonds ...[et.al]. 6th ed. 2008

Fundamental Financial Accounting Concepts, 7th Edition -- Chapter 1: An Introduction to Accounting -- Chapter 2: Understanding the Accounting Cycle -- Chapter 3: The Double-Entry Accounting System -- 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 Flow -- Chapter 13: (Online) Financial Statement Analysis -- Appendix A: Accessing the EDGAR Database through the Internet -- Appendix B: Portion of the Form 10-K for Target Corporation -- Appendix C: Summary of Financial Ratios -- Appendix D: Annual Report and Financial Statement Analysis Project -- Appendix E: Accounting for Investment Securities -- Appendix F: Time Value of Money

Students are overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts, students are able to comprehend the material rather than memorize unrelated terms and topics. This book enables students to understand how any given business event affects the financial statements.