Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
4Activity
0 of .
Results for:
No results containing your search query
P. 1
Tim Redmer Accounting

Tim Redmer Accounting

Ratings:

4.67

(3)
|Views: 465|Likes:
Published by Dax
An Introduction to Accounting and Finance: Text and
Cases
by
Timothy A. O. Redmer
Copyright Ó 1999
An Introduction to Accounting and Finance: Text and
Cases
by
Timothy A. O. Redmer
Copyright Ó 1999

More info:

Published by: Dax on Feb 22, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF or read online from Scribd
See more
See less

08/04/2012

 
Chapter One: Accounting and Finance: An Introduction
i
An Introduction to Accounting and Finance: Text andCases
byTimothy A. O. RedmerCopyright
Ó
1999
 
Chapter One: Accounting and Finance: An Introduction
ii
Table of Contents
Chapter One: Accounting and Finance: An Introduction.......................1
Chapter Objectives...............................................................................1The Objective and Scope of this Text Book...........................................1Chapter Content...................................................................................2Accounting Defined..............................................................................4Finance Defined....................................................................................6The Role of Ethics in Accounting and Finance.......................................7Summary............................................................................................10Chapter Questions..............................................................................12Cases.................................................................................................13
Chapter Two: The Income Statement and the Balance Sheet..............17
Objectives..........................................................................................17Account Categories............................................................................17Accrual Accounting.............................................................................26The Accounting Process......................................................................27Income Statement...............................................................................33Statement of Retained Earnings..........................................................35Balance Sheet.....................................................................................36Summary............................................................................................39Study Problems...................................................................................40Problems............................................................................................59Cases.................................................................................................66
Chapter Three: Financial Statement Analysis.......................................73
Objectives..........................................................................................73The Role and Purpose of Financial Statement Analysis........................73Benefits of Financial Statement Analysis.............................................74Limitations of Financial Statement Analysis.........................................74Liquidity Ratios...................................................................................77Activity Ratios.....................................................................................78Debt Ratios.........................................................................................86Profitability Ratios..............................................................................91Market Ratios.....................................................................................97Horizontal and Vertical Analysis.......................................................102Summary..........................................................................................104Problems..........................................................................................106Cases...............................................................................................114
Chapter Four: Budgets and the Budget Process.................................121
Chapter Objectives...........................................................................121The Nature and Purpose of the Budget..............................................121The Budget Process..........................................................................122Benefits of a Budget Process.............................................................123Disadvantages of a Budget Process...................................................124Types of Budgets..............................................................................124Summary..........................................................................................139Self-Study Problems.........................................................................140
 
Chapter One: Accounting and Finance: An Introduction
iiiProblems..........................................................................................153Cases...............................................................................................162
Chapter Five: Performance Evaluation...............................................169
Objectives........................................................................................169Standard Accounting Systems...........................................................169Performance Reports........................................................................172Variance Analysis..............................................................................177Summary..........................................................................................183Self-Study Problems.........................................................................184Problems..........................................................................................200Cases...............................................................................................207
Chapter Six: Differential Analysis.......................................................211
Objectives........................................................................................211Differential Analysis..........................................................................211Contribution Margin Analysis............................................................213Short-Term Decision-making Techniques........................................216Summary..........................................................................................224Self-Study Problems.........................................................................226Problems..........................................................................................236Cases...............................................................................................251
Chapter Seven: Current Asset Management: Cash and MarketableSecurities............................................................................................257
Objectives........................................................................................257Cash and Marketable Securities........................................................257The Cash Flow Process.....................................................................261Management of Cash Flows..............................................................265Bank Reconciliation..........................................................................266Summary..........................................................................................270Self-Study Problems.........................................................................271Problems..........................................................................................284Cases...............................................................................................290
Chapter Eight: Statement of Cash Flows............................................297
Objectives........................................................................................297The Cash Flow Statement..................................................................297Preparing a Statement of Cash Flows................................................298Summary..........................................................................................307Self-Study Problems.........................................................................308Problems..........................................................................................323Cases...............................................................................................330
Chapter Nine: Current Asset Management: Accounts Receivable andInventory............................................................................................339
Chapter Objectives...........................................................................339Accounts Receivable Management....................................................339Accounts Receivable Ratios...............................................................343Marginal Analysis of Accounts Receivable.........................................344Inventory Management.....................................................................345

Activity (4)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
maria10018012 liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->