Ingo Kallenbach, Andrea Lipp
Modernes Homeoffice für Dummies
Mobiles Arbeiten gewusst wie. New Work für mehr Work-Life-Balance.
Ingo Kallenbach, Andrea Lipp
Modernes Homeoffice für Dummies
Mobiles Arbeiten gewusst wie. New Work für mehr Work-Life-Balance.
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Homeoffice ist für viele inzwischen Alltag geworden, Tendenz steigend. Vorbei die Zeiten, als Kollegen, die ab und zu von zu Hause arbeiteten, unter Verdacht standen, sich nur einen lauen Arbeitstag machen zu wollen. Trotzdem gibt es noch zahlreiche Fragen und Herausforderungen für viele Mitarbeiter, Führungskräfte, Unternehmen und Kunden: Wie ist Arbeit zu organisieren, wenn viele Mitarbeiter im Homeoffice sind, aber eben nicht alle? Wie bleiben wir in gutem Kontakt? Welche Arbeitsmittel und Schulungen werden benötigt? Und: Welche Chancen und Risiken verbergen sich in der Arbeitsform…mehr
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Homeoffice ist für viele inzwischen Alltag geworden, Tendenz steigend. Vorbei die Zeiten, als Kollegen, die ab und zu von zu Hause arbeiteten, unter Verdacht standen, sich nur einen lauen Arbeitstag machen zu wollen. Trotzdem gibt es noch zahlreiche Fragen und Herausforderungen für viele Mitarbeiter, Führungskräfte, Unternehmen und Kunden: Wie ist Arbeit zu organisieren, wenn viele Mitarbeiter im Homeoffice sind, aber eben nicht alle? Wie bleiben wir in gutem Kontakt? Welche Arbeitsmittel und Schulungen werden benötigt? Und: Welche Chancen und Risiken verbergen sich in der Arbeitsform Homeoffice? Wie kann ich mein Büro zu Hause am besten einrichten und worauf muss ich dabei achten? Wie schaffe ich es, Berufliches und Privates im Homeoffice unter einen Hut zu bekommen? Wann ist Präsenz eben doch die bessere Wahl? Welche Haltung braucht es beim Einzelnen, in der Firma, bei der Führungskraft, damit "Homeoffice" gut gelingt? All diese Fragen und noch viele mehr beantwortet dieses Buch.
Produktdetails
- Produktdetails
- ...für Dummies
- Verlag: Wiley-VCH / Wiley-VCH Dummies
- Artikelnr. des Verlages: 1171856 000
- 1. Auflage
- Seitenzahl: 176
- Erscheinungstermin: 3. November 2021
- Deutsch
- Abmessung: 212mm x 139mm x 12mm
- Gewicht: 228g
- ISBN-13: 9783527718566
- ISBN-10: 3527718567
- Artikelnr.: 61427513
- Herstellerkennzeichnung
- Wiley-VCH GmbH
- Boschstraße 12
- 69469 Weinheim
- wiley.buha@zeitfracht.de
- 06201 6060
- ...für Dummies
- Verlag: Wiley-VCH / Wiley-VCH Dummies
- Artikelnr. des Verlages: 1171856 000
- 1. Auflage
- Seitenzahl: 176
- Erscheinungstermin: 3. November 2021
- Deutsch
- Abmessung: 212mm x 139mm x 12mm
- Gewicht: 228g
- ISBN-13: 9783527718566
- ISBN-10: 3527718567
- Artikelnr.: 61427513
- Herstellerkennzeichnung
- Wiley-VCH GmbH
- Boschstraße 12
- 69469 Weinheim
- wiley.buha@zeitfracht.de
- 06201 6060
Ingo Kallenbach ist Geschäftsführer der Reflect GmbH & Co. KG, einem Beratungsunternehmen für agile Transformation, Workplace Change und Führungskräfteentwicklung in Rohrbach an der Südlichen Weinstraße. Er berät Unternehmen bei der Umsetzung von New Work. Die Integration von Homeoffice als moderne Arbeitsform spielt dabei eine entscheidende Rolle für ein produktives und gesundes Miteinander. Andrea Lipp ist Innenarchitektin, Demografieexpertin, Coach und Beraterin bei der Reflect GmbH & Co. KG sowie Inhaberin von Workplace-Change in München, einer Agentur zur Entwicklung moderner Arbeitswelten. Sie legt besonders viel Wert auf die Themen Mitarbeiterbindung, Optimierung des Arbeitsalltags und Nachhaltigkeit.
1 Introduction to Financial Statements 1
1 Knowing the Numbers: Columbia Sportswear Company 1
1 1.1 Business Organization and Accounting Information Uses 1
2 Forms of Business Organization 1
3 Users and Uses of Financial Information 1
4 Data Analytics 1
6 Ethics in Financial Reporting 1
7 1.2 The Three Types of Business Activity 1
8 Financing Activities 1
9 Investing Activities 1
9 Operating Activities 1
10 1.3 The Four Financial Statements 1
11 Income Statement 1
12 Retained Earnings Statement 1
13 Balance Sheet 1
14 Statement of Cash Flows 1
16 Interrelationships of Statements 1
17 Elements of an Annual Report 1
20 Appendix 1A: Career Opportunities in Accounting 1
23 "Show Me the Money" 1
24 2 A Further Look at Financial Statements 2
1 Just Fooling Around?: The Motley Fool 2
2 2.1 The Classified Balance Sheet 2
3 Current Assets 2
3 Long
Term Investments 2
5 Property, Plant, and Equipment 2
5 Intangible Assets 2
5 Current Liabilities 2
7 Long
Term Liabilities 2
7 Stockholders' Equity 2
7 2.2 Analyzing the Financial Statements Using Ratios 2
8 Ratio Analysis 2
8 Using the Income Statement 2
9 Using a Classified Balance Sheet 2
10 2.3 Financial Reporting Concepts 2
14 The Standard
Setting Environment 2
14 Qualities of Useful Information 2
16 Assumptions in Financial Reporting 2
17 Principles in Financial Reporting 2
18 Cost Constraint 2
18 3 The Accounting Information System 3
1 Accidents Happen: MF Global Holdings Ltd 3
1 3.1 Using the Accounting Equation to Analyze Transactions 3
3 Accounting Transactions 3
3 Analyzing Transactions 3
4 Summary of Transactions 3
10 3.2 Accounts, Debits, and Credits 3
11 Debits and Credits 3
11 Debit and Credit Procedures 3
12 Stockholders' Equity Relationships 3
15 Summary of Debit/Credit Rules 3
16 3.3 Using a Journal 3
17 The Recording Process 3
17 The Journal 3
18 3.4 The Ledger and Posting 3
20 The Ledger 3
20 Chart of Accounts 3
21 Posting 3
21 The Recording Process Illustrated 3
22 Summary Illustration of Journalizing and Posting 3
28 3.5 The Trial Balance 3
30 Limitations of a Trial Balance 3
31 4 Accrual Accounting Concepts 4
1 Keeping Track of Groupons: Groupon 4
1 4.1 Accrual
Basis Accounting and Adjusting Entries 4
2 The Revenue Recognition Principle 4
3 The Expense Recognition Principle 4
4 Accrual versus Cash Basis of Accounting 4
5 The Need for Adjusting Entries 4
5 Types of Adjusting Entries 4
6 4.2 Adjusting Entries for Deferrals 4
7 Prepaid Expenses 4
7 Unearned Revenues 4
12 4.3 Adjusting Entries for Accruals 4
15 Accrued Revenues 4
15 Accrued Expenses 4
17 Summary of Basic Relationships 4
20 4.4 The Adjusted Trial Balance and Closing Entries 4
23 Preparing the Adjusted Trial Balance 4
23 Preparing Financial Statements 4
24 Quality of Earnings 4
24 Closing the Books 4
27 Summary of the Accounting Cycle 4
30 Appendix 4A: Using a Worksheet 4
34 5 Merchandising Operations and the Multiple
Step Income Statement 5
1 Buy Now, Vote Later: REI 5
1 5.1 Merchandising Operations and Inventory Systems 5
2 Operating Cycles 5
3 Flow of Costs 5
4 5.2 Recording Purchases Under a Perpetual System 5
6 Freight Costs 5
8 Purchase Returns and Allowances 5
9 Purchase Discounts 5
10 Summary of Purchasing Transactions 5
11 5.3 Recording Sales Under a Perpetual System 5
11 Sales Returns and Allowances 5
13 Sales Discounts 5
14 Data Analytics and Credit Sales 5
15 5.4 Preparing the Multiple
Step Income Statement 5
16 Single
Step Income Statement 5
16 Multiple
Step Income Statement 5
17 5.5 Cost of Goods Sold Under a Periodic System 5
21 5.6 Gross Profit Rate and Profit Margin 5
23 Gross Profit Rate 5
23 Profit Margin 5
24 Appendix 5A: Periodic Inventory System 5
27 Recording Merchandise Transactions 5
27 Recording Purchases of Merchandise 5
28 Freight Costs 5
28 Recording Sales of Merchandise 5
28 Comparison of Entries
Perpetual vs. Periodic 5
29 Appendix 5B: Adjusting Entries for Credit Sales with Returns and Allowances 5
30 Data Analytics in Action 5
52 6 Reporting and Analyzing Inventory 6
1 "Where Is That Spare Bulldozer Blade?": Caterpillar 6
1 6.1 Classifying and Determining Inventory 6
2 Classifying Inventory 6
2 Determining Inventory Quantities 6
4 6.2 Inventory Methods and Financial Effects 6
7 Specific Identification 6
7 Cost Flow Assumptions 6
8 Financial Statement and Tax Effects of Cost Flow Methods 6
13 Using Inventory Cost Flow Methods Consistently 6
15 6.3 Inventory Presentation and Analysis 6
17 Presentation 6
17 Lower
of
Cost
or
Net Realizable Value 6
17 Financial Analysis and Data Analytics 6
18 Adjustments for LIFO Reserve 6
21 Appendix 6A: Inventory Cost Flow Methods in Perpetual Inventory Systems 6
24 First
In, First
Out (FIFO) 6
24 Last
In, First
Out (LIFO) 6
25 Average
Cost 6
26 Appendix 6B: Effects of Inventory Errors 6
27 Income Statement Effects 6
27 Balance Sheet Effects 6
28 Data Analytics in Action 6
49 7 Fraud, Internal Control, and Cash 7
1 Minding the Money in Madison: Barriques 7
1 7.1 Fraud and Internal Control 7
3 Fraud 7
3 The Sarbanes
Oxley Act 7
3 Internal Control 7
4 Principles of Internal Control Activities 7
5 Data Analytics and Internal Controls 7
10 Limitations of Internal Control 7
11 7.2 Cash Controls 7
12 Cash Receipts Controls 7
12 Cash Disbursements Controls 7
14 Petty Cash Fund 7
16 7.3 Control Features of a Bank Account 7
17 Electronic Banking 7
18 Bank Statements 7
18 Reconciling the Bank Account 7
20 7.4 Reporting Cash 7
25 Cash Equivalents 7
26 Restricted Cash 7
26 Managing and Monitoring Cash 7
27 Cash Budgeting 7
29 Appendix 7A: Operation of a Petty Cash Fund 7
32 Establishing the Petty Cash Fund 7
33 Making Payments from the Petty Cash Fund 7
33 Replenishing the Petty Cash Fund 7
34 Data Analytics in Action 7
56 8 Reporting and Analyzing Receivables 8
1 What's Cooking?: Nike 8
1 8.1 Recognition of Accounts Receivable 8
3 Types of Receivables 8
3 Recognizing Accounts Receivable 8
3 8.2 Valuation and Disposition of Accounts Receivable 8
5 Valuing Accounts Receivable 8
5 Disposing of Accounts Receivable 8
13 8.3 Notes Receivable 8
15 Determining the Maturity Date 8
16 Computing Interest 8
16 Recognizing Notes Receivable 8
17 Valuing Notes Receivable 8
17 Disposing of Notes Receivable 8
17 8.4 Receivables Presentation and Management 8
20 Financial Statement Presentation of Receivables 8
20 Managing Receivables 8
21 Evaluating Liquidity of Receivables 8
23 Accelerating Cash Receipts 8
24 Data Analytics and Receivables Management 8
25 Data Analytics in Action 8
46 9 Reporting and Analyzing Long
Lived Assets 9
1 A Tale of Two Airlines: American Airlines 9
1 9.1 Plant Asset Expenditures 9
3 Determining the Cost of Plant Assets 9
3 Expenditures During Useful Life 9
6 To Buy or Lease? 9
7 9.2 Depreciation Methods 9
8 Factors in Computing Depreciation 9
9 Depreciation Methods 9
9 Revising Periodic Depreciation 9
14 Impairments 9
15 9.3 Plant Asset Disposals 9
16 Sale of Plant Assets 9
16 Retirement of Plant Assets 9
18 9.4 Intangible Assets 9
19 Accounting for Intangible Assets 9
19 Types of Intangible Assets 9
20 Research and Development Costs 9
22 9.5 Statement Presentation and Analysis 9
23 Presentation 9
23 Analysis 9
25 Appendix 9A: Other Depreciation Methods 9
30 Declining
Balance Method 9
30 Units
of
Activity Method 9
31 Data Analytics in Action 9
55 10 Reporting and Analyzing Liabilities 10
1 And Then There Were Two: Maxwell Car Company 10
1 10.1 Accounting for Current Liabilities 10
3 What Is a Current Liability? 10
3 Notes Payable 10
3 Sales Taxes Payable 10
4 Unearned Revenues 10
5 Current Maturities of Long
Term Debt 10
6 Payroll and Payroll Taxes Payable 10
6 10.2 Characteristics of Bonds 10
9 Types of Bonds 10
9 Issuing Procedures 10
10 Bond Trading 10
10 Determining the Market Price of a Bond 10
11 10.3 Accounting for Bond Transactions 10
14 Issuing Bonds at Face Value 10
14 Discount or Premium on Bonds 10
14 Issuing Bonds at a Discount 10
15 Issuing Bonds at a Premium 10
17 Redeeming Bonds at Maturity 10
19 Redeeming Bonds Before Maturity 10
19 10.4 Presentation and Analysis 10
20 Presentation 10
20 Analysis 10
22 Appendix 10A: Straight
Line Amortization 10
26 Amortizing Bond Discount 10
26 Amortizing Bond Premium 10
28 Appendix 10B: Effective
Interest Amortization 10
29 Amortizing Bond Discount 10
29 Amortizing Bond Premium 10
31 Appendix 10C: Accounting for Long
Term Notes Payable 10
32 11 Reporting and Analyzing Stockholders' Equity 11
1 Oh Well, I Guess I'll Get Rich: Facebook 11
1 11.1 Corporate Form of Organization 11
3 Characteristics of a Corporation 11
3 Forming a Corporation 11
6 Stockholder Rights 11
7 Stock Issue Considerations 11
8 Corporate Capital 11
10 11.2 Accounting for Common, Preferred, and Treasury Stock 11
12 Accounting for Common Stock 11
12 Accounting for Preferred Stock 11
13 Accounting for Treasury Stock 11
14 11.3 Accounting for Dividends and Stock Splits 11
16 Cash Dividends 11
16 Dividend Preferences 11
19 Stock Dividends 11
21 Stock Splits 11
22 11.4 Presentation and Analysis 11
24 Retained Earnings 11
24 Retained Earnings Restrictions 11
25 Balance Sheet Presentation of Stockholders' Equity 11
26 Analysis of Stockholders' Equity 11
28 Debt versus Equity Decision 11
29 Appendix 11A: Entries for Stock Dividends 11
32 Data Analytics in Action 11
55 12 Statement of Cash Flows 12
1 Got Cash?: Microsoft 12
2 12.1 Usefulness and Format of the Statement of Cash Flows 12
3 Usefulness of the Statement of Cash Flows 12
3 Classification of Cash Flows 12
3 Significant Noncash Activities 12
4 Format of the Statement of Cash Flows 12
5 12.2 Preparing the Statement of Cash Flows
Indirect Method 12
6 Indirect and Direct Methods 12
7 Indirect Method
Computer Services Company 12
7 Step 1: Operating Activities 12
9 Summary of Conversion to Net Cash Provided by Operating Activities
Indirect Method 12
12 Step 2: Investing and Financing Activities 12
13 Step 3: Net Change in Cash 12
15 12.3 Analyzing the Statement of Cash Flows 12
17 The Corporate Life Cycle 12
17 Free Cash Flow 12
19 Appendix 12A: Statement of Cash Flows
Direct Method 12
22 Step 1: Operating Activities 12
24 Step 2: Investing and Financing Activities 12
28 Step 3: Net Change in Cash 12
30 Appendix 12B: Worksheet for the Indirect Method 12
30 Preparing the Worksheet 12
31 Appendix 12C: Statement of Cash Flows
T
Account Approach 12
35 Data Analytics in Action 12
61 13 Financial Analysis: The Big Picture 13
1 It Pays to Be Patient: Warren Buffett 13
2 13.1 Sustainable Income and Quality of Earnings 13
3 Sustainable Income 13
3 Quality of Earnings 13
7 13.2 Horizontal Analysis and Vertical Analysis 13
9 Horizontal Analysis 13
10 Vertical Analysis 13
12 13.3 Ratio Analysis 13
15 Liquidity Ratios 13
16 Solvency Ratios 13
17 Profitability Ratios 13
17 Financial Analysis and Data Analytics 13
18 Comprehensive Example of Ratio Analysis 13
18 Appendix A Specimen Financial Statements: Apple Inc. A
1 Appendix B Specimen Financial Statements: Columbia Sportswear Company B
1 Appendix C Specimen Financial Statements: Under Armour, Inc. C
1 Appendix D Specimen Financial Statements: Amazon.com, Inc. D
1 Appendix E Specimen Financial Statements: Walmart Inc. E
1 Appendix F Time Value of Money F
1 F.1 Interest and Future Values F
2 Nature of Interest F
2 Future Value of a Single Amount F
3 Future Value of an Annuity F
5 F.2 Present Values F
8 Present Value Variables F
8 Present Value of a Single Amount F
9 Present Value of an Annuity F
11 Time Periods and Discounting F
13 Present Value of a Long
Term Note or Bond F
13 F.3 Capital Budgeting Situations F
16 F.4 Using Technological Tools F
18 Present Value of a Single Sum F
19 Present Value of an Annuity F
20 Future Value of a Single Sum F
21 Future Value of an Annuity F
22 Internal Rate of Return F
22 Useful Applications F
23 Appendix G Reporting and Analyzing Investments G
1 G.1 Accounting for Debt Investments G
2 Why Corporations Invest G
2 Accounting for Debt Investments G
2 G.2 Accounting for Stock Investments G
4 Holdings of Less Than 20% G
5 Holdings Between 20% and 50% G
6 Holdings of More Than 50% G
7 G.3 Reporting Investments in Financial Statements G
9 Debt Securities G
9 Equity Securities G
12 Balance Sheet Presentation G
13 Presentation of Realized and Unrealized Gain or Loss G
14 Company Index I
1 Subject Index I
5 Rapid Review: Chapter Content
1 Knowing the Numbers: Columbia Sportswear Company 1
1 1.1 Business Organization and Accounting Information Uses 1
2 Forms of Business Organization 1
3 Users and Uses of Financial Information 1
4 Data Analytics 1
6 Ethics in Financial Reporting 1
7 1.2 The Three Types of Business Activity 1
8 Financing Activities 1
9 Investing Activities 1
9 Operating Activities 1
10 1.3 The Four Financial Statements 1
11 Income Statement 1
12 Retained Earnings Statement 1
13 Balance Sheet 1
14 Statement of Cash Flows 1
16 Interrelationships of Statements 1
17 Elements of an Annual Report 1
20 Appendix 1A: Career Opportunities in Accounting 1
23 "Show Me the Money" 1
24 2 A Further Look at Financial Statements 2
1 Just Fooling Around?: The Motley Fool 2
2 2.1 The Classified Balance Sheet 2
3 Current Assets 2
3 Long
Term Investments 2
5 Property, Plant, and Equipment 2
5 Intangible Assets 2
5 Current Liabilities 2
7 Long
Term Liabilities 2
7 Stockholders' Equity 2
7 2.2 Analyzing the Financial Statements Using Ratios 2
8 Ratio Analysis 2
8 Using the Income Statement 2
9 Using a Classified Balance Sheet 2
10 2.3 Financial Reporting Concepts 2
14 The Standard
Setting Environment 2
14 Qualities of Useful Information 2
16 Assumptions in Financial Reporting 2
17 Principles in Financial Reporting 2
18 Cost Constraint 2
18 3 The Accounting Information System 3
1 Accidents Happen: MF Global Holdings Ltd 3
1 3.1 Using the Accounting Equation to Analyze Transactions 3
3 Accounting Transactions 3
3 Analyzing Transactions 3
4 Summary of Transactions 3
10 3.2 Accounts, Debits, and Credits 3
11 Debits and Credits 3
11 Debit and Credit Procedures 3
12 Stockholders' Equity Relationships 3
15 Summary of Debit/Credit Rules 3
16 3.3 Using a Journal 3
17 The Recording Process 3
17 The Journal 3
18 3.4 The Ledger and Posting 3
20 The Ledger 3
20 Chart of Accounts 3
21 Posting 3
21 The Recording Process Illustrated 3
22 Summary Illustration of Journalizing and Posting 3
28 3.5 The Trial Balance 3
30 Limitations of a Trial Balance 3
31 4 Accrual Accounting Concepts 4
1 Keeping Track of Groupons: Groupon 4
1 4.1 Accrual
Basis Accounting and Adjusting Entries 4
2 The Revenue Recognition Principle 4
3 The Expense Recognition Principle 4
4 Accrual versus Cash Basis of Accounting 4
5 The Need for Adjusting Entries 4
5 Types of Adjusting Entries 4
6 4.2 Adjusting Entries for Deferrals 4
7 Prepaid Expenses 4
7 Unearned Revenues 4
12 4.3 Adjusting Entries for Accruals 4
15 Accrued Revenues 4
15 Accrued Expenses 4
17 Summary of Basic Relationships 4
20 4.4 The Adjusted Trial Balance and Closing Entries 4
23 Preparing the Adjusted Trial Balance 4
23 Preparing Financial Statements 4
24 Quality of Earnings 4
24 Closing the Books 4
27 Summary of the Accounting Cycle 4
30 Appendix 4A: Using a Worksheet 4
34 5 Merchandising Operations and the Multiple
Step Income Statement 5
1 Buy Now, Vote Later: REI 5
1 5.1 Merchandising Operations and Inventory Systems 5
2 Operating Cycles 5
3 Flow of Costs 5
4 5.2 Recording Purchases Under a Perpetual System 5
6 Freight Costs 5
8 Purchase Returns and Allowances 5
9 Purchase Discounts 5
10 Summary of Purchasing Transactions 5
11 5.3 Recording Sales Under a Perpetual System 5
11 Sales Returns and Allowances 5
13 Sales Discounts 5
14 Data Analytics and Credit Sales 5
15 5.4 Preparing the Multiple
Step Income Statement 5
16 Single
Step Income Statement 5
16 Multiple
Step Income Statement 5
17 5.5 Cost of Goods Sold Under a Periodic System 5
21 5.6 Gross Profit Rate and Profit Margin 5
23 Gross Profit Rate 5
23 Profit Margin 5
24 Appendix 5A: Periodic Inventory System 5
27 Recording Merchandise Transactions 5
27 Recording Purchases of Merchandise 5
28 Freight Costs 5
28 Recording Sales of Merchandise 5
28 Comparison of Entries
Perpetual vs. Periodic 5
29 Appendix 5B: Adjusting Entries for Credit Sales with Returns and Allowances 5
30 Data Analytics in Action 5
52 6 Reporting and Analyzing Inventory 6
1 "Where Is That Spare Bulldozer Blade?": Caterpillar 6
1 6.1 Classifying and Determining Inventory 6
2 Classifying Inventory 6
2 Determining Inventory Quantities 6
4 6.2 Inventory Methods and Financial Effects 6
7 Specific Identification 6
7 Cost Flow Assumptions 6
8 Financial Statement and Tax Effects of Cost Flow Methods 6
13 Using Inventory Cost Flow Methods Consistently 6
15 6.3 Inventory Presentation and Analysis 6
17 Presentation 6
17 Lower
of
Cost
or
Net Realizable Value 6
17 Financial Analysis and Data Analytics 6
18 Adjustments for LIFO Reserve 6
21 Appendix 6A: Inventory Cost Flow Methods in Perpetual Inventory Systems 6
24 First
In, First
Out (FIFO) 6
24 Last
In, First
Out (LIFO) 6
25 Average
Cost 6
26 Appendix 6B: Effects of Inventory Errors 6
27 Income Statement Effects 6
27 Balance Sheet Effects 6
28 Data Analytics in Action 6
49 7 Fraud, Internal Control, and Cash 7
1 Minding the Money in Madison: Barriques 7
1 7.1 Fraud and Internal Control 7
3 Fraud 7
3 The Sarbanes
Oxley Act 7
3 Internal Control 7
4 Principles of Internal Control Activities 7
5 Data Analytics and Internal Controls 7
10 Limitations of Internal Control 7
11 7.2 Cash Controls 7
12 Cash Receipts Controls 7
12 Cash Disbursements Controls 7
14 Petty Cash Fund 7
16 7.3 Control Features of a Bank Account 7
17 Electronic Banking 7
18 Bank Statements 7
18 Reconciling the Bank Account 7
20 7.4 Reporting Cash 7
25 Cash Equivalents 7
26 Restricted Cash 7
26 Managing and Monitoring Cash 7
27 Cash Budgeting 7
29 Appendix 7A: Operation of a Petty Cash Fund 7
32 Establishing the Petty Cash Fund 7
33 Making Payments from the Petty Cash Fund 7
33 Replenishing the Petty Cash Fund 7
34 Data Analytics in Action 7
56 8 Reporting and Analyzing Receivables 8
1 What's Cooking?: Nike 8
1 8.1 Recognition of Accounts Receivable 8
3 Types of Receivables 8
3 Recognizing Accounts Receivable 8
3 8.2 Valuation and Disposition of Accounts Receivable 8
5 Valuing Accounts Receivable 8
5 Disposing of Accounts Receivable 8
13 8.3 Notes Receivable 8
15 Determining the Maturity Date 8
16 Computing Interest 8
16 Recognizing Notes Receivable 8
17 Valuing Notes Receivable 8
17 Disposing of Notes Receivable 8
17 8.4 Receivables Presentation and Management 8
20 Financial Statement Presentation of Receivables 8
20 Managing Receivables 8
21 Evaluating Liquidity of Receivables 8
23 Accelerating Cash Receipts 8
24 Data Analytics and Receivables Management 8
25 Data Analytics in Action 8
46 9 Reporting and Analyzing Long
Lived Assets 9
1 A Tale of Two Airlines: American Airlines 9
1 9.1 Plant Asset Expenditures 9
3 Determining the Cost of Plant Assets 9
3 Expenditures During Useful Life 9
6 To Buy or Lease? 9
7 9.2 Depreciation Methods 9
8 Factors in Computing Depreciation 9
9 Depreciation Methods 9
9 Revising Periodic Depreciation 9
14 Impairments 9
15 9.3 Plant Asset Disposals 9
16 Sale of Plant Assets 9
16 Retirement of Plant Assets 9
18 9.4 Intangible Assets 9
19 Accounting for Intangible Assets 9
19 Types of Intangible Assets 9
20 Research and Development Costs 9
22 9.5 Statement Presentation and Analysis 9
23 Presentation 9
23 Analysis 9
25 Appendix 9A: Other Depreciation Methods 9
30 Declining
Balance Method 9
30 Units
of
Activity Method 9
31 Data Analytics in Action 9
55 10 Reporting and Analyzing Liabilities 10
1 And Then There Were Two: Maxwell Car Company 10
1 10.1 Accounting for Current Liabilities 10
3 What Is a Current Liability? 10
3 Notes Payable 10
3 Sales Taxes Payable 10
4 Unearned Revenues 10
5 Current Maturities of Long
Term Debt 10
6 Payroll and Payroll Taxes Payable 10
6 10.2 Characteristics of Bonds 10
9 Types of Bonds 10
9 Issuing Procedures 10
10 Bond Trading 10
10 Determining the Market Price of a Bond 10
11 10.3 Accounting for Bond Transactions 10
14 Issuing Bonds at Face Value 10
14 Discount or Premium on Bonds 10
14 Issuing Bonds at a Discount 10
15 Issuing Bonds at a Premium 10
17 Redeeming Bonds at Maturity 10
19 Redeeming Bonds Before Maturity 10
19 10.4 Presentation and Analysis 10
20 Presentation 10
20 Analysis 10
22 Appendix 10A: Straight
Line Amortization 10
26 Amortizing Bond Discount 10
26 Amortizing Bond Premium 10
28 Appendix 10B: Effective
Interest Amortization 10
29 Amortizing Bond Discount 10
29 Amortizing Bond Premium 10
31 Appendix 10C: Accounting for Long
Term Notes Payable 10
32 11 Reporting and Analyzing Stockholders' Equity 11
1 Oh Well, I Guess I'll Get Rich: Facebook 11
1 11.1 Corporate Form of Organization 11
3 Characteristics of a Corporation 11
3 Forming a Corporation 11
6 Stockholder Rights 11
7 Stock Issue Considerations 11
8 Corporate Capital 11
10 11.2 Accounting for Common, Preferred, and Treasury Stock 11
12 Accounting for Common Stock 11
12 Accounting for Preferred Stock 11
13 Accounting for Treasury Stock 11
14 11.3 Accounting for Dividends and Stock Splits 11
16 Cash Dividends 11
16 Dividend Preferences 11
19 Stock Dividends 11
21 Stock Splits 11
22 11.4 Presentation and Analysis 11
24 Retained Earnings 11
24 Retained Earnings Restrictions 11
25 Balance Sheet Presentation of Stockholders' Equity 11
26 Analysis of Stockholders' Equity 11
28 Debt versus Equity Decision 11
29 Appendix 11A: Entries for Stock Dividends 11
32 Data Analytics in Action 11
55 12 Statement of Cash Flows 12
1 Got Cash?: Microsoft 12
2 12.1 Usefulness and Format of the Statement of Cash Flows 12
3 Usefulness of the Statement of Cash Flows 12
3 Classification of Cash Flows 12
3 Significant Noncash Activities 12
4 Format of the Statement of Cash Flows 12
5 12.2 Preparing the Statement of Cash Flows
Indirect Method 12
6 Indirect and Direct Methods 12
7 Indirect Method
Computer Services Company 12
7 Step 1: Operating Activities 12
9 Summary of Conversion to Net Cash Provided by Operating Activities
Indirect Method 12
12 Step 2: Investing and Financing Activities 12
13 Step 3: Net Change in Cash 12
15 12.3 Analyzing the Statement of Cash Flows 12
17 The Corporate Life Cycle 12
17 Free Cash Flow 12
19 Appendix 12A: Statement of Cash Flows
Direct Method 12
22 Step 1: Operating Activities 12
24 Step 2: Investing and Financing Activities 12
28 Step 3: Net Change in Cash 12
30 Appendix 12B: Worksheet for the Indirect Method 12
30 Preparing the Worksheet 12
31 Appendix 12C: Statement of Cash Flows
T
Account Approach 12
35 Data Analytics in Action 12
61 13 Financial Analysis: The Big Picture 13
1 It Pays to Be Patient: Warren Buffett 13
2 13.1 Sustainable Income and Quality of Earnings 13
3 Sustainable Income 13
3 Quality of Earnings 13
7 13.2 Horizontal Analysis and Vertical Analysis 13
9 Horizontal Analysis 13
10 Vertical Analysis 13
12 13.3 Ratio Analysis 13
15 Liquidity Ratios 13
16 Solvency Ratios 13
17 Profitability Ratios 13
17 Financial Analysis and Data Analytics 13
18 Comprehensive Example of Ratio Analysis 13
18 Appendix A Specimen Financial Statements: Apple Inc. A
1 Appendix B Specimen Financial Statements: Columbia Sportswear Company B
1 Appendix C Specimen Financial Statements: Under Armour, Inc. C
1 Appendix D Specimen Financial Statements: Amazon.com, Inc. D
1 Appendix E Specimen Financial Statements: Walmart Inc. E
1 Appendix F Time Value of Money F
1 F.1 Interest and Future Values F
2 Nature of Interest F
2 Future Value of a Single Amount F
3 Future Value of an Annuity F
5 F.2 Present Values F
8 Present Value Variables F
8 Present Value of a Single Amount F
9 Present Value of an Annuity F
11 Time Periods and Discounting F
13 Present Value of a Long
Term Note or Bond F
13 F.3 Capital Budgeting Situations F
16 F.4 Using Technological Tools F
18 Present Value of a Single Sum F
19 Present Value of an Annuity F
20 Future Value of a Single Sum F
21 Future Value of an Annuity F
22 Internal Rate of Return F
22 Useful Applications F
23 Appendix G Reporting and Analyzing Investments G
1 G.1 Accounting for Debt Investments G
2 Why Corporations Invest G
2 Accounting for Debt Investments G
2 G.2 Accounting for Stock Investments G
4 Holdings of Less Than 20% G
5 Holdings Between 20% and 50% G
6 Holdings of More Than 50% G
7 G.3 Reporting Investments in Financial Statements G
9 Debt Securities G
9 Equity Securities G
12 Balance Sheet Presentation G
13 Presentation of Realized and Unrealized Gain or Loss G
14 Company Index I
1 Subject Index I
5 Rapid Review: Chapter Content
1 Introduction to Financial Statements 1
1 Knowing the Numbers: Columbia Sportswear Company 1
1 1.1 Business Organization and Accounting Information Uses 1
2 Forms of Business Organization 1
3 Users and Uses of Financial Information 1
4 Data Analytics 1
6 Ethics in Financial Reporting 1
7 1.2 The Three Types of Business Activity 1
8 Financing Activities 1
9 Investing Activities 1
9 Operating Activities 1
10 1.3 The Four Financial Statements 1
11 Income Statement 1
12 Retained Earnings Statement 1
13 Balance Sheet 1
14 Statement of Cash Flows 1
16 Interrelationships of Statements 1
17 Elements of an Annual Report 1
20 Appendix 1A: Career Opportunities in Accounting 1
23 "Show Me the Money" 1
24 2 A Further Look at Financial Statements 2
1 Just Fooling Around?: The Motley Fool 2
2 2.1 The Classified Balance Sheet 2
3 Current Assets 2
3 Long
Term Investments 2
5 Property, Plant, and Equipment 2
5 Intangible Assets 2
5 Current Liabilities 2
7 Long
Term Liabilities 2
7 Stockholders' Equity 2
7 2.2 Analyzing the Financial Statements Using Ratios 2
8 Ratio Analysis 2
8 Using the Income Statement 2
9 Using a Classified Balance Sheet 2
10 2.3 Financial Reporting Concepts 2
14 The Standard
Setting Environment 2
14 Qualities of Useful Information 2
16 Assumptions in Financial Reporting 2
17 Principles in Financial Reporting 2
18 Cost Constraint 2
18 3 The Accounting Information System 3
1 Accidents Happen: MF Global Holdings Ltd 3
1 3.1 Using the Accounting Equation to Analyze Transactions 3
3 Accounting Transactions 3
3 Analyzing Transactions 3
4 Summary of Transactions 3
10 3.2 Accounts, Debits, and Credits 3
11 Debits and Credits 3
11 Debit and Credit Procedures 3
12 Stockholders' Equity Relationships 3
15 Summary of Debit/Credit Rules 3
16 3.3 Using a Journal 3
17 The Recording Process 3
17 The Journal 3
18 3.4 The Ledger and Posting 3
20 The Ledger 3
20 Chart of Accounts 3
21 Posting 3
21 The Recording Process Illustrated 3
22 Summary Illustration of Journalizing and Posting 3
28 3.5 The Trial Balance 3
30 Limitations of a Trial Balance 3
31 4 Accrual Accounting Concepts 4
1 Keeping Track of Groupons: Groupon 4
1 4.1 Accrual
Basis Accounting and Adjusting Entries 4
2 The Revenue Recognition Principle 4
3 The Expense Recognition Principle 4
4 Accrual versus Cash Basis of Accounting 4
5 The Need for Adjusting Entries 4
5 Types of Adjusting Entries 4
6 4.2 Adjusting Entries for Deferrals 4
7 Prepaid Expenses 4
7 Unearned Revenues 4
12 4.3 Adjusting Entries for Accruals 4
15 Accrued Revenues 4
15 Accrued Expenses 4
17 Summary of Basic Relationships 4
20 4.4 The Adjusted Trial Balance and Closing Entries 4
23 Preparing the Adjusted Trial Balance 4
23 Preparing Financial Statements 4
24 Quality of Earnings 4
24 Closing the Books 4
27 Summary of the Accounting Cycle 4
30 Appendix 4A: Using a Worksheet 4
34 5 Merchandising Operations and the Multiple
Step Income Statement 5
1 Buy Now, Vote Later: REI 5
1 5.1 Merchandising Operations and Inventory Systems 5
2 Operating Cycles 5
3 Flow of Costs 5
4 5.2 Recording Purchases Under a Perpetual System 5
6 Freight Costs 5
8 Purchase Returns and Allowances 5
9 Purchase Discounts 5
10 Summary of Purchasing Transactions 5
11 5.3 Recording Sales Under a Perpetual System 5
11 Sales Returns and Allowances 5
13 Sales Discounts 5
14 Data Analytics and Credit Sales 5
15 5.4 Preparing the Multiple
Step Income Statement 5
16 Single
Step Income Statement 5
16 Multiple
Step Income Statement 5
17 5.5 Cost of Goods Sold Under a Periodic System 5
21 5.6 Gross Profit Rate and Profit Margin 5
23 Gross Profit Rate 5
23 Profit Margin 5
24 Appendix 5A: Periodic Inventory System 5
27 Recording Merchandise Transactions 5
27 Recording Purchases of Merchandise 5
28 Freight Costs 5
28 Recording Sales of Merchandise 5
28 Comparison of Entries
Perpetual vs. Periodic 5
29 Appendix 5B: Adjusting Entries for Credit Sales with Returns and Allowances 5
30 Data Analytics in Action 5
52 6 Reporting and Analyzing Inventory 6
1 "Where Is That Spare Bulldozer Blade?": Caterpillar 6
1 6.1 Classifying and Determining Inventory 6
2 Classifying Inventory 6
2 Determining Inventory Quantities 6
4 6.2 Inventory Methods and Financial Effects 6
7 Specific Identification 6
7 Cost Flow Assumptions 6
8 Financial Statement and Tax Effects of Cost Flow Methods 6
13 Using Inventory Cost Flow Methods Consistently 6
15 6.3 Inventory Presentation and Analysis 6
17 Presentation 6
17 Lower
of
Cost
or
Net Realizable Value 6
17 Financial Analysis and Data Analytics 6
18 Adjustments for LIFO Reserve 6
21 Appendix 6A: Inventory Cost Flow Methods in Perpetual Inventory Systems 6
24 First
In, First
Out (FIFO) 6
24 Last
In, First
Out (LIFO) 6
25 Average
Cost 6
26 Appendix 6B: Effects of Inventory Errors 6
27 Income Statement Effects 6
27 Balance Sheet Effects 6
28 Data Analytics in Action 6
49 7 Fraud, Internal Control, and Cash 7
1 Minding the Money in Madison: Barriques 7
1 7.1 Fraud and Internal Control 7
3 Fraud 7
3 The Sarbanes
Oxley Act 7
3 Internal Control 7
4 Principles of Internal Control Activities 7
5 Data Analytics and Internal Controls 7
10 Limitations of Internal Control 7
11 7.2 Cash Controls 7
12 Cash Receipts Controls 7
12 Cash Disbursements Controls 7
14 Petty Cash Fund 7
16 7.3 Control Features of a Bank Account 7
17 Electronic Banking 7
18 Bank Statements 7
18 Reconciling the Bank Account 7
20 7.4 Reporting Cash 7
25 Cash Equivalents 7
26 Restricted Cash 7
26 Managing and Monitoring Cash 7
27 Cash Budgeting 7
29 Appendix 7A: Operation of a Petty Cash Fund 7
32 Establishing the Petty Cash Fund 7
33 Making Payments from the Petty Cash Fund 7
33 Replenishing the Petty Cash Fund 7
34 Data Analytics in Action 7
56 8 Reporting and Analyzing Receivables 8
1 What's Cooking?: Nike 8
1 8.1 Recognition of Accounts Receivable 8
3 Types of Receivables 8
3 Recognizing Accounts Receivable 8
3 8.2 Valuation and Disposition of Accounts Receivable 8
5 Valuing Accounts Receivable 8
5 Disposing of Accounts Receivable 8
13 8.3 Notes Receivable 8
15 Determining the Maturity Date 8
16 Computing Interest 8
16 Recognizing Notes Receivable 8
17 Valuing Notes Receivable 8
17 Disposing of Notes Receivable 8
17 8.4 Receivables Presentation and Management 8
20 Financial Statement Presentation of Receivables 8
20 Managing Receivables 8
21 Evaluating Liquidity of Receivables 8
23 Accelerating Cash Receipts 8
24 Data Analytics and Receivables Management 8
25 Data Analytics in Action 8
46 9 Reporting and Analyzing Long
Lived Assets 9
1 A Tale of Two Airlines: American Airlines 9
1 9.1 Plant Asset Expenditures 9
3 Determining the Cost of Plant Assets 9
3 Expenditures During Useful Life 9
6 To Buy or Lease? 9
7 9.2 Depreciation Methods 9
8 Factors in Computing Depreciation 9
9 Depreciation Methods 9
9 Revising Periodic Depreciation 9
14 Impairments 9
15 9.3 Plant Asset Disposals 9
16 Sale of Plant Assets 9
16 Retirement of Plant Assets 9
18 9.4 Intangible Assets 9
19 Accounting for Intangible Assets 9
19 Types of Intangible Assets 9
20 Research and Development Costs 9
22 9.5 Statement Presentation and Analysis 9
23 Presentation 9
23 Analysis 9
25 Appendix 9A: Other Depreciation Methods 9
30 Declining
Balance Method 9
30 Units
of
Activity Method 9
31 Data Analytics in Action 9
55 10 Reporting and Analyzing Liabilities 10
1 And Then There Were Two: Maxwell Car Company 10
1 10.1 Accounting for Current Liabilities 10
3 What Is a Current Liability? 10
3 Notes Payable 10
3 Sales Taxes Payable 10
4 Unearned Revenues 10
5 Current Maturities of Long
Term Debt 10
6 Payroll and Payroll Taxes Payable 10
6 10.2 Characteristics of Bonds 10
9 Types of Bonds 10
9 Issuing Procedures 10
10 Bond Trading 10
10 Determining the Market Price of a Bond 10
11 10.3 Accounting for Bond Transactions 10
14 Issuing Bonds at Face Value 10
14 Discount or Premium on Bonds 10
14 Issuing Bonds at a Discount 10
15 Issuing Bonds at a Premium 10
17 Redeeming Bonds at Maturity 10
19 Redeeming Bonds Before Maturity 10
19 10.4 Presentation and Analysis 10
20 Presentation 10
20 Analysis 10
22 Appendix 10A: Straight
Line Amortization 10
26 Amortizing Bond Discount 10
26 Amortizing Bond Premium 10
28 Appendix 10B: Effective
Interest Amortization 10
29 Amortizing Bond Discount 10
29 Amortizing Bond Premium 10
31 Appendix 10C: Accounting for Long
Term Notes Payable 10
32 11 Reporting and Analyzing Stockholders' Equity 11
1 Oh Well, I Guess I'll Get Rich: Facebook 11
1 11.1 Corporate Form of Organization 11
3 Characteristics of a Corporation 11
3 Forming a Corporation 11
6 Stockholder Rights 11
7 Stock Issue Considerations 11
8 Corporate Capital 11
10 11.2 Accounting for Common, Preferred, and Treasury Stock 11
12 Accounting for Common Stock 11
12 Accounting for Preferred Stock 11
13 Accounting for Treasury Stock 11
14 11.3 Accounting for Dividends and Stock Splits 11
16 Cash Dividends 11
16 Dividend Preferences 11
19 Stock Dividends 11
21 Stock Splits 11
22 11.4 Presentation and Analysis 11
24 Retained Earnings 11
24 Retained Earnings Restrictions 11
25 Balance Sheet Presentation of Stockholders' Equity 11
26 Analysis of Stockholders' Equity 11
28 Debt versus Equity Decision 11
29 Appendix 11A: Entries for Stock Dividends 11
32 Data Analytics in Action 11
55 12 Statement of Cash Flows 12
1 Got Cash?: Microsoft 12
2 12.1 Usefulness and Format of the Statement of Cash Flows 12
3 Usefulness of the Statement of Cash Flows 12
3 Classification of Cash Flows 12
3 Significant Noncash Activities 12
4 Format of the Statement of Cash Flows 12
5 12.2 Preparing the Statement of Cash Flows
Indirect Method 12
6 Indirect and Direct Methods 12
7 Indirect Method
Computer Services Company 12
7 Step 1: Operating Activities 12
9 Summary of Conversion to Net Cash Provided by Operating Activities
Indirect Method 12
12 Step 2: Investing and Financing Activities 12
13 Step 3: Net Change in Cash 12
15 12.3 Analyzing the Statement of Cash Flows 12
17 The Corporate Life Cycle 12
17 Free Cash Flow 12
19 Appendix 12A: Statement of Cash Flows
Direct Method 12
22 Step 1: Operating Activities 12
24 Step 2: Investing and Financing Activities 12
28 Step 3: Net Change in Cash 12
30 Appendix 12B: Worksheet for the Indirect Method 12
30 Preparing the Worksheet 12
31 Appendix 12C: Statement of Cash Flows
T
Account Approach 12
35 Data Analytics in Action 12
61 13 Financial Analysis: The Big Picture 13
1 It Pays to Be Patient: Warren Buffett 13
2 13.1 Sustainable Income and Quality of Earnings 13
3 Sustainable Income 13
3 Quality of Earnings 13
7 13.2 Horizontal Analysis and Vertical Analysis 13
9 Horizontal Analysis 13
10 Vertical Analysis 13
12 13.3 Ratio Analysis 13
15 Liquidity Ratios 13
16 Solvency Ratios 13
17 Profitability Ratios 13
17 Financial Analysis and Data Analytics 13
18 Comprehensive Example of Ratio Analysis 13
18 Appendix A Specimen Financial Statements: Apple Inc. A
1 Appendix B Specimen Financial Statements: Columbia Sportswear Company B
1 Appendix C Specimen Financial Statements: Under Armour, Inc. C
1 Appendix D Specimen Financial Statements: Amazon.com, Inc. D
1 Appendix E Specimen Financial Statements: Walmart Inc. E
1 Appendix F Time Value of Money F
1 F.1 Interest and Future Values F
2 Nature of Interest F
2 Future Value of a Single Amount F
3 Future Value of an Annuity F
5 F.2 Present Values F
8 Present Value Variables F
8 Present Value of a Single Amount F
9 Present Value of an Annuity F
11 Time Periods and Discounting F
13 Present Value of a Long
Term Note or Bond F
13 F.3 Capital Budgeting Situations F
16 F.4 Using Technological Tools F
18 Present Value of a Single Sum F
19 Present Value of an Annuity F
20 Future Value of a Single Sum F
21 Future Value of an Annuity F
22 Internal Rate of Return F
22 Useful Applications F
23 Appendix G Reporting and Analyzing Investments G
1 G.1 Accounting for Debt Investments G
2 Why Corporations Invest G
2 Accounting for Debt Investments G
2 G.2 Accounting for Stock Investments G
4 Holdings of Less Than 20% G
5 Holdings Between 20% and 50% G
6 Holdings of More Than 50% G
7 G.3 Reporting Investments in Financial Statements G
9 Debt Securities G
9 Equity Securities G
12 Balance Sheet Presentation G
13 Presentation of Realized and Unrealized Gain or Loss G
14 Company Index I
1 Subject Index I
5 Rapid Review: Chapter Content
1 Knowing the Numbers: Columbia Sportswear Company 1
1 1.1 Business Organization and Accounting Information Uses 1
2 Forms of Business Organization 1
3 Users and Uses of Financial Information 1
4 Data Analytics 1
6 Ethics in Financial Reporting 1
7 1.2 The Three Types of Business Activity 1
8 Financing Activities 1
9 Investing Activities 1
9 Operating Activities 1
10 1.3 The Four Financial Statements 1
11 Income Statement 1
12 Retained Earnings Statement 1
13 Balance Sheet 1
14 Statement of Cash Flows 1
16 Interrelationships of Statements 1
17 Elements of an Annual Report 1
20 Appendix 1A: Career Opportunities in Accounting 1
23 "Show Me the Money" 1
24 2 A Further Look at Financial Statements 2
1 Just Fooling Around?: The Motley Fool 2
2 2.1 The Classified Balance Sheet 2
3 Current Assets 2
3 Long
Term Investments 2
5 Property, Plant, and Equipment 2
5 Intangible Assets 2
5 Current Liabilities 2
7 Long
Term Liabilities 2
7 Stockholders' Equity 2
7 2.2 Analyzing the Financial Statements Using Ratios 2
8 Ratio Analysis 2
8 Using the Income Statement 2
9 Using a Classified Balance Sheet 2
10 2.3 Financial Reporting Concepts 2
14 The Standard
Setting Environment 2
14 Qualities of Useful Information 2
16 Assumptions in Financial Reporting 2
17 Principles in Financial Reporting 2
18 Cost Constraint 2
18 3 The Accounting Information System 3
1 Accidents Happen: MF Global Holdings Ltd 3
1 3.1 Using the Accounting Equation to Analyze Transactions 3
3 Accounting Transactions 3
3 Analyzing Transactions 3
4 Summary of Transactions 3
10 3.2 Accounts, Debits, and Credits 3
11 Debits and Credits 3
11 Debit and Credit Procedures 3
12 Stockholders' Equity Relationships 3
15 Summary of Debit/Credit Rules 3
16 3.3 Using a Journal 3
17 The Recording Process 3
17 The Journal 3
18 3.4 The Ledger and Posting 3
20 The Ledger 3
20 Chart of Accounts 3
21 Posting 3
21 The Recording Process Illustrated 3
22 Summary Illustration of Journalizing and Posting 3
28 3.5 The Trial Balance 3
30 Limitations of a Trial Balance 3
31 4 Accrual Accounting Concepts 4
1 Keeping Track of Groupons: Groupon 4
1 4.1 Accrual
Basis Accounting and Adjusting Entries 4
2 The Revenue Recognition Principle 4
3 The Expense Recognition Principle 4
4 Accrual versus Cash Basis of Accounting 4
5 The Need for Adjusting Entries 4
5 Types of Adjusting Entries 4
6 4.2 Adjusting Entries for Deferrals 4
7 Prepaid Expenses 4
7 Unearned Revenues 4
12 4.3 Adjusting Entries for Accruals 4
15 Accrued Revenues 4
15 Accrued Expenses 4
17 Summary of Basic Relationships 4
20 4.4 The Adjusted Trial Balance and Closing Entries 4
23 Preparing the Adjusted Trial Balance 4
23 Preparing Financial Statements 4
24 Quality of Earnings 4
24 Closing the Books 4
27 Summary of the Accounting Cycle 4
30 Appendix 4A: Using a Worksheet 4
34 5 Merchandising Operations and the Multiple
Step Income Statement 5
1 Buy Now, Vote Later: REI 5
1 5.1 Merchandising Operations and Inventory Systems 5
2 Operating Cycles 5
3 Flow of Costs 5
4 5.2 Recording Purchases Under a Perpetual System 5
6 Freight Costs 5
8 Purchase Returns and Allowances 5
9 Purchase Discounts 5
10 Summary of Purchasing Transactions 5
11 5.3 Recording Sales Under a Perpetual System 5
11 Sales Returns and Allowances 5
13 Sales Discounts 5
14 Data Analytics and Credit Sales 5
15 5.4 Preparing the Multiple
Step Income Statement 5
16 Single
Step Income Statement 5
16 Multiple
Step Income Statement 5
17 5.5 Cost of Goods Sold Under a Periodic System 5
21 5.6 Gross Profit Rate and Profit Margin 5
23 Gross Profit Rate 5
23 Profit Margin 5
24 Appendix 5A: Periodic Inventory System 5
27 Recording Merchandise Transactions 5
27 Recording Purchases of Merchandise 5
28 Freight Costs 5
28 Recording Sales of Merchandise 5
28 Comparison of Entries
Perpetual vs. Periodic 5
29 Appendix 5B: Adjusting Entries for Credit Sales with Returns and Allowances 5
30 Data Analytics in Action 5
52 6 Reporting and Analyzing Inventory 6
1 "Where Is That Spare Bulldozer Blade?": Caterpillar 6
1 6.1 Classifying and Determining Inventory 6
2 Classifying Inventory 6
2 Determining Inventory Quantities 6
4 6.2 Inventory Methods and Financial Effects 6
7 Specific Identification 6
7 Cost Flow Assumptions 6
8 Financial Statement and Tax Effects of Cost Flow Methods 6
13 Using Inventory Cost Flow Methods Consistently 6
15 6.3 Inventory Presentation and Analysis 6
17 Presentation 6
17 Lower
of
Cost
or
Net Realizable Value 6
17 Financial Analysis and Data Analytics 6
18 Adjustments for LIFO Reserve 6
21 Appendix 6A: Inventory Cost Flow Methods in Perpetual Inventory Systems 6
24 First
In, First
Out (FIFO) 6
24 Last
In, First
Out (LIFO) 6
25 Average
Cost 6
26 Appendix 6B: Effects of Inventory Errors 6
27 Income Statement Effects 6
27 Balance Sheet Effects 6
28 Data Analytics in Action 6
49 7 Fraud, Internal Control, and Cash 7
1 Minding the Money in Madison: Barriques 7
1 7.1 Fraud and Internal Control 7
3 Fraud 7
3 The Sarbanes
Oxley Act 7
3 Internal Control 7
4 Principles of Internal Control Activities 7
5 Data Analytics and Internal Controls 7
10 Limitations of Internal Control 7
11 7.2 Cash Controls 7
12 Cash Receipts Controls 7
12 Cash Disbursements Controls 7
14 Petty Cash Fund 7
16 7.3 Control Features of a Bank Account 7
17 Electronic Banking 7
18 Bank Statements 7
18 Reconciling the Bank Account 7
20 7.4 Reporting Cash 7
25 Cash Equivalents 7
26 Restricted Cash 7
26 Managing and Monitoring Cash 7
27 Cash Budgeting 7
29 Appendix 7A: Operation of a Petty Cash Fund 7
32 Establishing the Petty Cash Fund 7
33 Making Payments from the Petty Cash Fund 7
33 Replenishing the Petty Cash Fund 7
34 Data Analytics in Action 7
56 8 Reporting and Analyzing Receivables 8
1 What's Cooking?: Nike 8
1 8.1 Recognition of Accounts Receivable 8
3 Types of Receivables 8
3 Recognizing Accounts Receivable 8
3 8.2 Valuation and Disposition of Accounts Receivable 8
5 Valuing Accounts Receivable 8
5 Disposing of Accounts Receivable 8
13 8.3 Notes Receivable 8
15 Determining the Maturity Date 8
16 Computing Interest 8
16 Recognizing Notes Receivable 8
17 Valuing Notes Receivable 8
17 Disposing of Notes Receivable 8
17 8.4 Receivables Presentation and Management 8
20 Financial Statement Presentation of Receivables 8
20 Managing Receivables 8
21 Evaluating Liquidity of Receivables 8
23 Accelerating Cash Receipts 8
24 Data Analytics and Receivables Management 8
25 Data Analytics in Action 8
46 9 Reporting and Analyzing Long
Lived Assets 9
1 A Tale of Two Airlines: American Airlines 9
1 9.1 Plant Asset Expenditures 9
3 Determining the Cost of Plant Assets 9
3 Expenditures During Useful Life 9
6 To Buy or Lease? 9
7 9.2 Depreciation Methods 9
8 Factors in Computing Depreciation 9
9 Depreciation Methods 9
9 Revising Periodic Depreciation 9
14 Impairments 9
15 9.3 Plant Asset Disposals 9
16 Sale of Plant Assets 9
16 Retirement of Plant Assets 9
18 9.4 Intangible Assets 9
19 Accounting for Intangible Assets 9
19 Types of Intangible Assets 9
20 Research and Development Costs 9
22 9.5 Statement Presentation and Analysis 9
23 Presentation 9
23 Analysis 9
25 Appendix 9A: Other Depreciation Methods 9
30 Declining
Balance Method 9
30 Units
of
Activity Method 9
31 Data Analytics in Action 9
55 10 Reporting and Analyzing Liabilities 10
1 And Then There Were Two: Maxwell Car Company 10
1 10.1 Accounting for Current Liabilities 10
3 What Is a Current Liability? 10
3 Notes Payable 10
3 Sales Taxes Payable 10
4 Unearned Revenues 10
5 Current Maturities of Long
Term Debt 10
6 Payroll and Payroll Taxes Payable 10
6 10.2 Characteristics of Bonds 10
9 Types of Bonds 10
9 Issuing Procedures 10
10 Bond Trading 10
10 Determining the Market Price of a Bond 10
11 10.3 Accounting for Bond Transactions 10
14 Issuing Bonds at Face Value 10
14 Discount or Premium on Bonds 10
14 Issuing Bonds at a Discount 10
15 Issuing Bonds at a Premium 10
17 Redeeming Bonds at Maturity 10
19 Redeeming Bonds Before Maturity 10
19 10.4 Presentation and Analysis 10
20 Presentation 10
20 Analysis 10
22 Appendix 10A: Straight
Line Amortization 10
26 Amortizing Bond Discount 10
26 Amortizing Bond Premium 10
28 Appendix 10B: Effective
Interest Amortization 10
29 Amortizing Bond Discount 10
29 Amortizing Bond Premium 10
31 Appendix 10C: Accounting for Long
Term Notes Payable 10
32 11 Reporting and Analyzing Stockholders' Equity 11
1 Oh Well, I Guess I'll Get Rich: Facebook 11
1 11.1 Corporate Form of Organization 11
3 Characteristics of a Corporation 11
3 Forming a Corporation 11
6 Stockholder Rights 11
7 Stock Issue Considerations 11
8 Corporate Capital 11
10 11.2 Accounting for Common, Preferred, and Treasury Stock 11
12 Accounting for Common Stock 11
12 Accounting for Preferred Stock 11
13 Accounting for Treasury Stock 11
14 11.3 Accounting for Dividends and Stock Splits 11
16 Cash Dividends 11
16 Dividend Preferences 11
19 Stock Dividends 11
21 Stock Splits 11
22 11.4 Presentation and Analysis 11
24 Retained Earnings 11
24 Retained Earnings Restrictions 11
25 Balance Sheet Presentation of Stockholders' Equity 11
26 Analysis of Stockholders' Equity 11
28 Debt versus Equity Decision 11
29 Appendix 11A: Entries for Stock Dividends 11
32 Data Analytics in Action 11
55 12 Statement of Cash Flows 12
1 Got Cash?: Microsoft 12
2 12.1 Usefulness and Format of the Statement of Cash Flows 12
3 Usefulness of the Statement of Cash Flows 12
3 Classification of Cash Flows 12
3 Significant Noncash Activities 12
4 Format of the Statement of Cash Flows 12
5 12.2 Preparing the Statement of Cash Flows
Indirect Method 12
6 Indirect and Direct Methods 12
7 Indirect Method
Computer Services Company 12
7 Step 1: Operating Activities 12
9 Summary of Conversion to Net Cash Provided by Operating Activities
Indirect Method 12
12 Step 2: Investing and Financing Activities 12
13 Step 3: Net Change in Cash 12
15 12.3 Analyzing the Statement of Cash Flows 12
17 The Corporate Life Cycle 12
17 Free Cash Flow 12
19 Appendix 12A: Statement of Cash Flows
Direct Method 12
22 Step 1: Operating Activities 12
24 Step 2: Investing and Financing Activities 12
28 Step 3: Net Change in Cash 12
30 Appendix 12B: Worksheet for the Indirect Method 12
30 Preparing the Worksheet 12
31 Appendix 12C: Statement of Cash Flows
T
Account Approach 12
35 Data Analytics in Action 12
61 13 Financial Analysis: The Big Picture 13
1 It Pays to Be Patient: Warren Buffett 13
2 13.1 Sustainable Income and Quality of Earnings 13
3 Sustainable Income 13
3 Quality of Earnings 13
7 13.2 Horizontal Analysis and Vertical Analysis 13
9 Horizontal Analysis 13
10 Vertical Analysis 13
12 13.3 Ratio Analysis 13
15 Liquidity Ratios 13
16 Solvency Ratios 13
17 Profitability Ratios 13
17 Financial Analysis and Data Analytics 13
18 Comprehensive Example of Ratio Analysis 13
18 Appendix A Specimen Financial Statements: Apple Inc. A
1 Appendix B Specimen Financial Statements: Columbia Sportswear Company B
1 Appendix C Specimen Financial Statements: Under Armour, Inc. C
1 Appendix D Specimen Financial Statements: Amazon.com, Inc. D
1 Appendix E Specimen Financial Statements: Walmart Inc. E
1 Appendix F Time Value of Money F
1 F.1 Interest and Future Values F
2 Nature of Interest F
2 Future Value of a Single Amount F
3 Future Value of an Annuity F
5 F.2 Present Values F
8 Present Value Variables F
8 Present Value of a Single Amount F
9 Present Value of an Annuity F
11 Time Periods and Discounting F
13 Present Value of a Long
Term Note or Bond F
13 F.3 Capital Budgeting Situations F
16 F.4 Using Technological Tools F
18 Present Value of a Single Sum F
19 Present Value of an Annuity F
20 Future Value of a Single Sum F
21 Future Value of an Annuity F
22 Internal Rate of Return F
22 Useful Applications F
23 Appendix G Reporting and Analyzing Investments G
1 G.1 Accounting for Debt Investments G
2 Why Corporations Invest G
2 Accounting for Debt Investments G
2 G.2 Accounting for Stock Investments G
4 Holdings of Less Than 20% G
5 Holdings Between 20% and 50% G
6 Holdings of More Than 50% G
7 G.3 Reporting Investments in Financial Statements G
9 Debt Securities G
9 Equity Securities G
12 Balance Sheet Presentation G
13 Presentation of Realized and Unrealized Gain or Loss G
14 Company Index I
1 Subject Index I
5 Rapid Review: Chapter Content