book

Financial Accounting, 9th Edition

by Paul D. Kimmel, Donald E. Kieso, Jerry J. Weygandt

November 2013

Beginner

864 pages

36h 10m

English

Wiley

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Feature Story Knowing the NumbersWhat Is Accounting?The Building Blocks of AccountingThe Basic Accounting EquationUsing the Accounting EquationFinancial StatementsAPPENDIX 1A Accounting Career OpportunitiesA Look at IFRS
Feature Story Accidents HappenThe AccountSteps in the Recording ProcessThe Trial BalanceA Look at IFRS
Feature Story Keeping Track of GrouponsTiming IssuesThe Basics of Adjusting EntriesThe Adjusted Trial Balance and Financial StatementsAPPENDIX 3A Alternative Treatment of Prepaid Expenses and Unearned RevenuesAPPENDIX 3B Concepts in ActionA Look at IFRS
Feature Story Everyone Likes to WinUsing a WorksheetClosing the BooksSummary of the Accounting CycleThe Classified Balance SheetAPPENDIX 4A Reversing EntriesA Look at IFRS
Feature Story Buy Now, Vote LaterMerchandising OperationsRecording Purchases of MerchandiseRecording Sales of MerchandiseCompleting the Accounting CycleForms of Financial StatementsAPPENDIX 5A Worksheet for a Merchandising Company—Perpetual InventoryAPPENDIX 5B Periodic Inventory SystemA Look at IFRS
Feature Story “Where Is That Spare Bulldozer Blade?”Classifying and Determining InventoryInventory CostingInventory ErrorsStatement Presentation and AnalysisAPPENDIX 6A Inventory Cost Flow Methods in Perpetual Inventory SystemsAPPENDIX 6B Estimating InventoriesA Look at IFRS
Feature Story Minding the Money in Moose JawFraud and Internal ControlCash ControlsControl Features: Use of a BankReporting CashA Look at IFRS
Feature Story A Dose of Careful Management Keeps Receivables HealthyTypes of ReceivablesAccounts ReceivableNotes ReceivableStatement Presentation and AnalysisA Look at IFRS
Feature Story How Much for a Ride to the Beach?Plant AssetsNatural ResourcesIntangible AssetsStatement Presentation and AnalysisAPPENDIX 9A Exchange of Plant AssetsA Look at IFRS
Feature Story Financing His DreamsCurrent LiabilitiesLong-Term LiabilitiesAPPENDIX 10A Present Value Concepts Related to Bond PricingAPPENDIX 10B Effective-Interest Method of Bond AmortizationAPPENDIX 10C Straight-Line AmortizationA Look at IFRS
Feature Story What's Cooking?The Corporate Form of OrganizationAccounting for Stock TransactionsDividendsRetained EarningsStatement Presentation and AnalysisAPPENDIX 11A Stockholders' Equity StatementAPPENDIX 11B Book Value—Another per Share AmountA Look at IFRS
Feature Story “Is There Anything Else We Can Buy?”Why Corporations InvestAccounting for Debt InvestmentsAccounting for Stock InvestmentsValuing and Reporting InvestmentsAPPENDIX 12A Preparing Consolidated Financial StatementsA Look at IFRS
Feature Story Got Cash?The Statement of Cash Flows: Usefulness and FormatPreparing the Statement of Cash Flows—Indirect MethodUsing Cash Flows to Evaluate a CompanyAPPENDIX 13A Statement of Cash Flows—Direct MethodAPPENDIX 13B Using a Worksheet to Prepare the Statement of Cash Flows—Indirect MethodAPPENDIX 13C Statement of Cash Flows—T-Account ApproachA Look at IFRS
Feature Story It Pays to Be PatientBasics of Financial Statement AnalysisHorizontal AnalysisVertical AnalysisRatio AnalysisEarning Power and Irregular ItemsQuality of EarningsA Look at IFRS
Nature of InterestFuture Value ConceptsPresent Value ConceptsUsing Financial Calculators
Accounting for PayrollEmployer Payroll TaxesInternal Control for Payroll
Expanding the Ledger—Subsidiary LedgersExpanding the Journal—Special Journals
Contingent LiabilitiesLease LiabilitiesAdditional Liabilities for Employee Fringe Benefits

Content preview from Financial Accounting, 9th Edition

Appendix E Specimen Financial Statements: Wal-Mart Stores, Inc.

In 2012, Wal-Mart Stores, Inc. celebrated “50 years of helping customers save money and live better.” The following are Wal-Mart's financial statements as presented in the company's 2012 annual report. To access Wal-Mart's complete annual report, including notes to the financial statements, follow these steps:

1. Go to http://corporate.walmart.com.
2. Select Annual Reports under the Investors tab.
3. Select 2010–2012 under Annual Report Archives, and then select the 2012 Annual Report (Wal-Mart's fiscal year ends January 31).
4. The Notes to Consolidated Financial Statements begin on page 38.

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