Description
The fourth edition of Financial Accounting continues to focus on the user/decision maker perspective. Transactions, which as presented in a spreadsheet (accounting equation) format, are used to help students understand the impact on financial information. The authors use the financial statements from Winnebago Industries and Monaco Coach throughout the chapter and end of chapter material. Porter/Norton is unique in its use of these competing companies for comparative financial analysis and in end of chapter cases.
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Focusing on the accounting functions informing workplace decision-making, this textbook uses financial statements from Winnebago Industries and Monaco Coach Corporation to illustrate comparative financial analyses and casework. Porter (University of St. Thomas-Minnesota) and Norton (Northern Illinois University) detail the basics of the accounting model and address procedures for accounting for assets, liabilities, and equity. They also discuss specialized topics like the statement of cash flows, financial statement analysis, and accounting tools. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)
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