TY  - BOOK
AU  - Wild,John J.
AU  - Kwok,Winston
AU  - Venkatesh,Sundar
AU  -  Shaw,Ken W.
AU  -  Chiappetta,Barbara
TI  - Fundamental accounting principles
SN  - 9789814595001 (paperback)
PY  - 2016///]
CY  - New York, NY: 
PB  - McGraw-Hill Education, 
N1  - "International financial reporting standards (IFRS)"--Cover; Table of Contents
Chapter 1: Accounting in Business

Chapter 2: Analyzing and Recording Transactions

Chapter 3: Adjusting Accounts and Preparing Financial Statements

Chapter 4: Completing the Accounting Cycle

Chapter 5: Merchandising Operations

Chapter 6: Inventories and Cost of Sales

Chapter 7: Accounting Information Systems

Chapter 8: Cash and Internal Controls

Chapter 9: Receivables

Chapter 10: Long-Term Assets

Chapter 11: Current Liabilities

Chapter 12: Accounting for Partnerships

Chapter 13: Accounting for Corporations

Chapter 14: Long-Term Liabilities

Chapter 15: Investments and International Operations

Chapter 16: Statement of Cash Flows

Chapter 17: Financial Statements Analysis

Chapter 18: Managerial Accounting Concepts and Principles

Chapter 19: Job Order Cost Accounting

Chapter 20: Process Cost Accounting

Chapter 21: Cost Allocation and Performance Measurement

Chapter 22: Cost-Volume-Profit Analysis

Chapter 23: Master Budgets and Planning

Chapter 24: Flexible Budgets and Standard Costs

Chapter 25: Capital Budgeting and Managerial Decisions

Appendix A: Financial Statement Information

Appendix B: Time Value of Money; 600-699
N2  - Preface and Acknowledgments for IFRS Edition

This is an introductory text for topics in financial accounting (Chapters 1 to 17) and managerial accounting (Chapters 18 to 25).

The major revamp is in the rewriting of the financial accounting chapters based on IFRS (including IAS). The foremost goal is to get the students interested with real-world examples and to facilitate students? application of IFRS in the shortest time possible. To generate students? interest, the real-world examples range from small entrepreneurial businesses to large multinational corporations. To facilitate quick application, questions and problems are strategically placed at checkpoints in the chapters and thoughtfully designed in graduated difficulty levels. The topics are systematically placed in sections so that instructors can assign the right amount of materials; for example, optional topics such as the periodic inventory system are placed in end-of-chapter appendices. The terminology is mainly based on IFRS, but alternative terms common to other accounting principles such as U.S. GAAP are also mentioned. For many examples and questions, the text uses the actual 2012 or 2013 financial statements of IFRS-reporting corporations of Nestlé, Adidas and Samsung, which appear in Appendix A, with website references to other IFRS corporations. As IFRS are evolving, possible future changes are strategically mentioned or placed in Decision Update boxes in the text.

All the chapter-opening stories highlight experiences of dynamic young Asian companies. Asian companies have been setting the trend in select managerial accounting practices, so the tradition of the text?s previous strong points of clear exposition and enlightening questions is continued with some new Asian examples in the managerial accounting chapters. These examples present relevant findings of survey research and case studies
ER  -