For undergraduate and MBA Cost or Management Accounting courses.
The text that defined the cost accounting market
Horngren's Cost Accounting defines the cost accounting market and continues to innovate today by consistently integrating the most current practice and theory into the text. This acclaimed, market-leading text emphasizes the basic theme of "different costs for different purposes," and reaches beyond cost accounting procedures to consider concepts, analyses, and management. The 16th Edition incorporates the latest research and most up-to-date thinking into all relevant chapters, so that readers are prepared for the rewards and challenges they will face in the professional cost accounting world of today and tomorrow.
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Discover the importance of today's college accounting course and its role in laying the groundwork for your future classes and jobs as COLLEGE ACCOUNTING: A CAREER APPROACH, 13E offers an even stronger focus on teaching the fundamentals of accounting from a career development approach. This text provides you with an opportunity to learn the most important fundamental concepts of accounting and then apply these concepts using QuickBooks Online and Excel. QuickBooks Online 5-month subscription is packaged with every new edition. The book's engaging real-world context keeps chapter content both relevant and vital to your academic and professional success. With this edition, end-of-chapter materials are now available online in CengageNOW v2, which enables you to test your mastery of new concepts with a personalized study plan."
For many years, the accounting profession has attempted to construct a conceptual framework that logically ties together its many ideas and procedures. As this systems view of accounting emerges it is important, argue Swanson and Miller, to make the distinction between opinion or personal interpretation and empirical evidence. In this book, they develop a theory of accounting measurement basd on living systems theory (LST) and thus provide a fundamental framework for classifying the various accounting ideas and procedures into those that concern measurements of concrete economic processes and interpretations of those measurements. Writing for advanced students of accounting and finance, the authors explain the distinctions among concrete, abstracted and conceptual systems; discuss the concept of money in terms of concrete processes; and survey the connections between 20 LST defined subsystems and accounting information systems. They assert that the monetary scale is a ratio level measurement scale fully analogous to other measurement scales used by science. They reject the idea that the units of the scale are variable and show that this general perception arises from the fallacy of confusing the objects being measured with the units of the measurement scale. Using this scale, accounting's contribution to information processing is enabling managers and other social deciders to view the diverse matter-energy forms of a complex organization as a coherent whole on the attribute specific exchange value. Finally, Swanson and Miller analyze generally acccepted accounting principles, highlighting areas in which the distinction between interpretation and empirical evidence is blurred in practice. They present an extended critique of the usefulness of such principles and propose new alternatives based on living systems theory that aims to improve both our understanding of accounting methods and measurements and the quality of accounting reporting.
In "Where Are the Stones that Tripped Me?" you are invited to take a walk with the author as she reflects on her own journey in life. In this simple, honest reflection of her very ordinary, yet deeply spiritual life the author combines poetry and prose to reflect on the sufferings of Christ and how we can relate His path to the roads we all travel; journeys that are wondrous, yet difficult; rewarding, yet painful; sad, yet joyous. As you read the author's feelings on her own personal life experiences and that of others you will be drawn into contemplation of your own life experiences that you will discover may be very different, but surprisingly similar; unique, yet the same. You will be invited to consider how and why life has led you down the road you are on, learning from and letting go of the past and looking forward to a future free of worry with complete trust in God, who lovingly takes the good and the bad experiences of our lives to ultimately orchestrate His will. For all of us, some paths in life are very smooth; others more difficult littered with stones that trip us and cause us to fall. But if we can remain focused on where we are going, allowing Christ to guide us moving forward, to help us up when we trip and fall, it's amazing what we will see when we look back on our journey....Where are the stones that tripped us?
USING FINANCIAL ACCOUNTING INFORMATION, 9E is a non-debit/credit text known for its strong decision-making focus and its incorporation of flagship companies for increased relevance. This text provides the appropriate blend of academic rigor with step-by-step learning and decision-making models that reach today's students and equip them with the skills they need to be effective decision makers and future business leaders. Instead of an abstract approach to accounting, USING FINANCIAL ACCOUNTING INFORMATION takes students through recognizable focus companies and their specific financial data and business strategies, imparting students with real-life experience and a model to hone the skills necessary to making important decisions. This edition features three key models that provide students with a more structured approach to understanding financial data and explains how it is used to make sound business decisions. The Transaction Analysis Model helps students see the effects an economic event has on the accounting equation and financial statements, the Financial Decision Framework focuses on ratio analysis and financial decisions, and the Ethical Decision Model helps students use ethical judgment when applying accounting principles. USING FINANCIAL ACCOUNTING INFORMATION, 9E will help students learn and understand core accounting rules. It also will give them a framework through which they can apply their knowledge to make effective business decisions.