With the seventeenth edition of Financial and Managerial Accounting: The Basis for Business Decisions, the Williams author team continues to be a solid foundation for students who are learning basic accounting concepts. Hallmarks of the text - including the solid Accounting Cycle Presentation, relevant pedagogy, and high quality, end-of-chapter material - have been updated throughout the book.
Chapter 1: Accounting: Information for Decision Making Chapter 2: Basic Financial Statements Chapter 3: The Accounting Cycle: Capturing Economic Events Chapter 4: The Accounting Cycle: Accruals and Deferrals Chapter 5: The Accounting Cycle: Reporting Financial Results Comprehensive Problem 1: Susquehanna Equipment Rentals Chapter 6: Merchandising Activities Chapter 7: Financial Assets Chapter 8: Inventories and the Cost of Goods Sold Comprehensive Problem 2: Guitar Universe, Inc. Chapter 9: Plant and Intangible Assets Chapter 10: Liabilities Chapter 11: Stockholders Equity: Paid-in Capital Comprehensive Problem 3: McMinn Retail, Inc. Chapter 12: Income and Changes in Retained Earnings Chapter 13: Statement of Cash Flows Chapter 14: Financial Statement Analysis Comprehensive Problem 4: Home Depot, Inc. Chapter 15: Global Business and Accounting Chapter 16: Management Accounting: A Business Partner Chapter 17: Job Order Cost Systems and Overhead Allocations Chapter 18: Process Costing Chapter 19: Costing and the Value Chain Chapter 20: Cost-Volume-Profit Analysis Chapter 21: Incremental Analysis Comprehensive Problem 5: The Gilster Company Chapter 22: Responsibility Accounting and Transfer Pricing Chapter 23: Operational Budgeting Chapter 24: Standard Cost Systems Chapter 25: Rewarding Business Performance Comprehensive Problem 6: Utease Corporation Chapter 26: Capital Budgeting Appendix A: 2009 Home Depot Financial Statements Appendix B: The Time Value of Money: Future Amounts and Present Values Appendix C: Forms of Business Organization