Fundamentals of Financial Accounting(6th edition)
Authors:
Fred Phillips, Robert Libby, Patricia Libby
In Stock: 1 Left
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Solution Manual Includes
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Book details
ISBN: 1259864235, 1259864230, 1260159547, 126015954X, 978-1259864230
Book publisher: McGraw-Hill Education
Book Price $0 : Fundamentals of Financial Accounting by Fred Phillips, Robert Libby, and Patricia Libby is an essential guide for understanding the principles of financial accounting. This sixth edition emphasizes the importance of the accounting cycle, detailed explanations of financial statements, and the role of ethical considerations in financial reporting. Drawing upon real-world examples and case studies, the book elucidates how firms utilize financial accounting to inform decision-making processes. Key themes include the preparation and analysis of balance sheets, income statements, and cash flow statements. The textbook is structured to facilitate student engagement, featuring a well-organized table of contents that guides the reader systematically through core topics such as the accounting equation, accrual accounting, and the reporting of liabilities and assets. A comprehensive solution manual accompanies the text, providing educators and students with an Answer Key for the extensive practice problems at the end of each chapter. This not only encourages self-assessment but also enhances understanding of complex financial accounting processes. The book is highly regarded in academia for its clarity and application of accounting principles in both theoretical and practical contexts, making it a staple in undergraduate accounting courses. It proves beneficial for those aiming for careers in finance and accounting by offering a strong foundation in financial reporting and analysis. From inventory costing to lease accounting, every aspect is meticulously explained, reinforcing the textbook's reputation as a critical learning tool in accounting education. An innovative, cheap tool to supplement lectures and promote effective learning strategies.
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