Book Description:
Master key accounting principles with “Fundamental Accounting Principles Volume 1, 16th Canadian Edition” by Larson, Simko, and Higgins. This essential guide covers everything from financial statements to managerial accounting, enhanced with visuals and online tools for an interactive learning experience.
Fundamental Accounting Principles Volume 1, 16th Canadian Edition
Author: Kermit D. Larson, Paul A. Simko, Robert C. Higgins
Publisher: McGraw-Hill Education
ISBN: 978-1259654657
This introductory accounting textbook offers a thorough exploration of the key principles and procedures in accounting. Designed to assist students in mastering accounting essentials, the book discusses the accounting cycle, financial statements, and basics of managerial accounting. It employs a clear and approachable writing style enriched with various examples and visual aids, enhancing comprehension of complex concepts. Additionally, it integrates multiple online tools, including practice exercises, quizzes, and interactive simulations, aimed at bolstering the learning experience.
Table of Contents
- Introduction to Accounting
- The Accounting Cycle
- Financial Statements
- Managerial Accounting
- Accounting for Cash
- Accounting for Accounts Receivable
- Accounting for Inventory
- Accounting for Property, Plant, and Equipment
- Accounting for Liabilities
- Accounting for Shareholders’ Equity
- Financial Statement Analysis
- Managerial Decision Making
- International Accounting
- Accounting for Not-for-Profit Organizations