NOT IN USE - Custom BACC 518 (SUNY Albany)
by Wallace
ISBN: 0000000000 | Copyright 2022
Instructor Requests
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| Financial & Managerial Accounting for Undergraduates, 2e (pg. 1.2) | |
| Chapter 1 Financial Accounting and Business Decisions (pg. 1.2) | |
| Business Organization (pg. 1.4) | |
| Your Turn! 1.1 (pg. 1.5) | |
| Activities of a Business (pg. 1.5) | |
| Financing Activities (pg. 1.5) | |
| Investing Activities (pg. 1.6) | |
| Operating Activities (pg. 1.6) | |
| Your Turn! 1.2 (pg. 1.6) | |
| Accounting Information and Its Use (pg. 1.6) | |
| External Users of Accounting (pg. 1.7) | |
| Internal Users of Accounting (pg. 1.8) | |
| Your Turn! 1.3 (pg. 1.8) | |
| Ethics and Accounting (pg. 1.8) | |
| Your Turn! 1.4 (pg. 1.9) | |
| The Accounting Process (pg. 1.10) | |
| Generally Accepted Accounting Principles (pg. 1.10) | |
| International Financial Reporting Standards (pg. 1.11) | |
| Your Turn! 1.5 (pg. 1.12) | |
| Financial Statements (pg. 1.12) | |
| Balance Sheet (pg. 1.12) | |
| Income Statement (pg. 1.14) | |
| Statement of Stockholders’ Equity (pg. 1.15) | |
| Statement of Cash Flows (pg. 1.16) | |
| Relations Among the Financial Statements (pg. 1.17) | |
| Your Turn! 1.6 (pg. 1.18) | |
| Other Annual Report Components (pg. 1.18) | |
| Notes to Financial Statements (pg. 1.19) | |
| Independent Auditor’s Report (pg. 1.19) | |
| Management’s Discussion and Analysis (pg. 1.19) | |
| Your Turn! 1.7 (pg. 1.20) | |
| Careers in Accounting (pg. 1.20) | |
| Data Analytics and Blockchain Technology (pg. 1.21) | |
| Comprehensive Problem (pg. 1.22) | |
| Appendix 1A: FASB’s Conceptual Framework (pg. 1.23) | |
| Summary of Learning Objectives (pg. 1.26) | |
| Key Terms (pg. 1.28) | |
| Self-Study Questions (pg. 1.29) | |
| Questions (pg. 1.31) | |
| Short Exercises (pg. 1.32) | |
| Exercises-Set A (pg. 1.35) | |
| Exercises-Set B (pg. 1.38) | |
| Problems-Set A (pg. 1.42) | |
| Problems-Set B (pg. 1.46) | |
| Serial Problem: Kate’s Cards (pg. 1.49) | |
| Extending Your Knowledge (pg. 1.49) | |
| Answers to Self-Study Questions: (pg. 1.53) | |
| Your Turn! Solutions (pg. 1.53) | |
| Chapter 2 Processing Accounting Information (pg. 1.56) | |
| Accounting Cycle (pg. 1.58) | |
| Your Turn! 2.1 (pg. 1.59) | |
| Analyzing Transactions (pg. 1.59) | |
| Accounting Equation Expanded (pg. 1.60) | |
| Transactions and the Accounting Equation: An Illustration (pg. 1.60) | |
| Transaction Summary (pg. 1.64) | |
| Your Turn! 2.2 (pg. 1.65) | |
| The “Account” System (pg. 1.66) | |
| Chart of Accounts (pg. 1.66) | |
| System of Debits and Credits (pg. 1.66) | |
| Your Turn! 2.3 (pg. 1.68) | |
| Your Turn! 2.4 (pg. 1.68) | |
| Recording Transactions (pg. 1.69) | |
| General Journal (pg. 1.69) | |
| Posting Journal Entries to the General Ledger (pg. 1.70) | |
| Illustration of the Recording Process (pg. 1.71) | |
| Summary Illustration of Journalizing and Posting Transactions (pg. 1.74) | |
| Your Turn! 2.5 (pg. 1.76) | |
| Trial Balance (pg. 1.77) | |
| Your Turn! 2.6 (pg. 1.78) | |
| Comprehensive Problem (pg. 1.79) | |
| Summary of Learning Objectives (pg. 1.80) | |
| Key Terms (pg. 1.81) | |
| Self-Study Questions (pg. 1.82) | |
| Questions (pg. 1.83) | |
| Short Exercises (pg. 1.84) | |
| Exercises-Set A (pg. 1.86) | |
| Exercises-Set B (pg. 1.90) | |
| Problems-Set A (pg. 1.94) | |
| Problems-Set B (pg. 1.102) | |
| Serial Problem: Kate’s Cards (pg. 1.110) | |
| Extending Your Knowledge (pg. 1.110) | |
| Answers to Self-Study Questions: (pg. 1.115) | |
| Your Turn! Solutions (pg. 1.116) | |
| Chapter 3 Accrual Basis of Accounting (pg. 1.118) | |
| Accrual Basis of Accounting (pg. 1.120) | |
| Revenue Recognition Principle (pg. 1.120) | |
| Expense Recognition (Matching) Principle (pg. 1.123) | |
| Your Turn! 3.1 (pg. 1.124) | |
| Adjusting Accounts (pg. 1.124) | |
| Unadjusted Trial Balance (pg. 1.124) | |
| Types of Adjustments (pg. 1.125) | |
| Your Turn! 3.2 (pg. 1.125) | |
| Deferral Adjusting Entries (pg. 1.125) | |
| Allocating Previously Recorded Assets to Expenses (pg. 1.125) | |
| Allocating Previously Recorded Unearned Revenue to Revenue (pg. 1.127) | |
| Your Turn! 3.3 (pg. 1.128) | |
| Accrual Adjusting Entries (pg. 1.128) | |
| Recording Previously Unrecorded Expenses (pg. 1.128) | |
| Recording Previously Unrecorded Revenues (pg. 1.130) | |
| Summary of Accounting Adjustments (pg. 1.130) | |
| Your Turn! 3.4 (pg. 1.132) | |
| Adjusted Trial Balance and Financial Statements (pg. 1.132) | |
| Preparing the Adjusted Trial Balance (pg. 1.132) | |
| Preparing Financial Statements (pg. 1.133) | |
| STEP 1: Income Statement (pg. 1.133) | |
| STEP 2: Statement of Stockholders’ Equity (pg. 1.133) | |
| STEP 3: Balance Sheet (pg. 1.134) | |
| STEP 4: Statement of Cash Flows (pg. 1.134) | |
| Your Turn! 3.5 (pg. 1.135) | |
| Closing Process (pg. 1.136) | |
| Your Turn! 3.6 (pg. 1.136) | |
| Journalizing and Posting the Closing Entries (pg. 1.136) | |
| Summary of the Accounting Cycle (pg. 1.138) | |
| Quality of Accounting Numbers (pg. 1.139) | |
| Comprehensive Problem (pg. 1.140) | |
| Appendix 3A: Closing Process-Using Income Summary Account (pg. 1.143) | |
| Your Turn! 3A.1 (pg. 1.144) | |
| Your Turn! 3A.2 (pg. 1.147) | |
| Appendix 3B: Using a Worksheet (pg. 1.147) | |
| Summary of Learning Objectives (pg. 1.150) | |
| Key Terms (pg. 1.151) | |
| Self-Study Questions (pg. 1.151) | |
| Questions (pg. 1.152) | |
| Short Exercises (pg. 1.153) | |
| Exercises-Set A (pg. 1.154) | |
| Exercises-Set B (pg. 1.158) | |
| Problems-Set A (pg. 1.161) | |
| Problems-Set B (pg. 1.169) | |
| Serial Problem: Kate’s Cards (pg. 1.178) | |
| Extending Your Knowledge (pg. 1.179) | |
| Answers to Self-Study Questions: (pg. 1.182) | |
| Your Turn! Solutions (pg. 1.182) | |
| Chapter 4 Understanding Financial Statements (pg. 1.186) | |
| Balance Sheet Classification and Analysis (pg. 1.188) | |
| Current Assets (pg. 1.188) | |
| Long-Term Assets (pg. 1.189) | |
| Current Liabilities (pg. 1.190) | |
| LongTerm Liabilities (pg. 1.191) | |
| Stockholders’ Equity (pg. 1.191) | |
| Presentation Format (pg. 1.191) | |
| Your Turn! 4.1 (pg. 1.193) | |
| Income Statement Classification and Analysis (pg. 1.193) | |
| Your Turn! 4.2 (pg. 1.196) | |
| Working with Financial Statements (pg. 1.196) | |
| Analysis Based on Ratios (pg. 1.196) | |
| Working with the Balance Sheet (pg. 1.197) | |
| Your Turn! 4.3 (pg. 1.199) | |
| Working with the Income Statement (pg. 1.199) | |
| Your Turn! 4.4 (pg. 1.201) | |
| Working with the Statement of Stockholders’ Equity (pg. 1.201) | |
| Your Turn! 4.5 (pg. 1.202) | |
| Working with the Statement of Cash Flows (pg. 1.202) | |
| Your Turn! 4.6 (pg. 1.204) | |
| Comprehensive Problem (pg. 1.205) | |
| Summary of Learning Objectives (pg. 1.207) | |
| Key Terms (pg. 1.208) | |
| Self-Study Questions (pg. 1.209) | |
| Questions (pg. 1.210) | |
| Short Exercises (pg. 1.211) | |
| Exercises-Set A (pg. 1.213) | |
| Exercises-Set B (pg. 1.214) | |
| Problems-Set A (pg. 1.216) | |
| Problems-Set B (pg. 1.220) | |
| Serial Problem: Kate’s Cards (pg. 1.223) | |
| Extending Your Knowledge (pg. 1.223) | |
| Answers to Self-Study Questions: (pg. 1.226) | |
| Your Turn! Solutions (pg. 1.227) | |
| Chapter 7 Internal Control and Cash (pg. 1.324) | |
| Fraud (pg. 1.326) | |
| Fraud Triangle (pg. 1.326) | |
| Your Turn! 7.1 (pg. 1.327) | |
| Internal Control (pg. 1.327) | |
| COSO Framework (pg. 1.327) | |
| Control Failures (pg. 1.332) | |
| The Sarbanes-Oxley Act (pg. 1.333) | |
| Your Turn! 7.2 (pg. 1.333) | |
| Accounting for Cash (pg. 1.333) | |
| Reporting Cash (pg. 1.334) | |
| Cash and Cash Equivalents (pg. 1.334) | |
| Your Turn! 7.3 (pg. 1.335) | |
| Internal Control of Cash Receipts Transactions (pg. 1.335) | |
| Cash Received on Account (pg. 1.335) | |
| Cash Received from Retail Cash Sales (pg. 1.337) | |
| Checks (pg. 1.339) | |
| Using Electronic Funds Transfer (pg. 1.340) | |
| The Petty Cash Fund (pg. 1.340) | |
| Your Turn! 7.4 (pg. 1.341) | |
| The Bank Statement (pg. 1.341) | |
| The Bank Reconciliation (pg. 1.341) | |
| Your Turn! 7.5 (pg. 1.346) | |
| Effective Cash Management (pg. 1.346) | |
| Monitoring Cash (pg. 1.346) | |
| Primary Activities of Effective Cash Management (pg. 1.347) | |
| Your Turn! 7.6 (pg. 1.347) | |
| Comprehensive Problem (pg. 1.348) | |
| Appendix 7A: Auditing and Internal Control (pg. 1.349) | |
| Your Turn! 7A.1 (pg. 1.351) | |
| Summary of Learning Objectives (pg. 1.351) | |
| Key Terms (pg. 1.353) | |
| Self-Study Questions (pg. 1.353) | |
| Questions (pg. 1.354) | |
| Short Exercises (pg. 1.355) | |
| Exercises-Set A (pg. 1.356) | |
| Exercises-Set B (pg. 1.357) | |
| Problems-Set A (pg. 1.359) | |
| Problems-Set B (pg. 1.363) | |
| Serial Problem: Kate’s Cards (pg. 1.366) | |
| Extending Your Knowledge (pg. 1.367) | |
| Answers to Self-Study Questions: (pg. 1.370) | |
| Your Turn! Solutions (pg. 1.371) | |
| Chapter 8 Accounting for Receivables (pg. 1.372) | |
| Receivables (pg. 1.374) | |
| Accounts Receivable (pg. 1.374) | |
| Accounting for Bad Debts (pg. 1.375) | |
| Allowance Method (pg. 1.376) | |
| Your Turn! 8.1 (pg. 1.379) | |
| Estimating Credit Losses (pg. 1.379) | |
| Percentage of Net Sales Method (pg. 1.380) | |
| Your Turn! 8.2 (pg. 1.380) | |
| Accounts Receivable Aging Method (pg. 1.380) | |
| Your Turn! 8.3 (pg. 1.383) | |
| Credit Card Sales (pg. 1.384) | |
| Your Turn! 8.4 (pg. 1.384) | |
| Notes Receivable (pg. 1.384) | |
| Interest on Notes Receivable (pg. 1.385) | |
| Adjusting Entry for Interest (pg. 1.386) | |
| Reporting Notes Receivable on the Balance Sheet (pg. 1.387) | |
| Your Turn! 8.5 (pg. 1.388) | |
| Analyzing and Managing Receivables (pg. 1.388) | |
| Your Turn! 8.6 (pg. 1.389) | |
| Factoring and Discounting (pg. 1.389) | |
| Comprehensive Problem (pg. 1.390) | |
| Appendix 8A: Direct Write-Off Method (pg. 1.391) | |
| Your Turn! 8A.1 (pg. 1.392) | |
| Key Terms (pg. 1.394) | |
| Questions (pg. 1.395) | |
| Short Exercises (pg. 1.396) | |
| Exercises-Set A (pg. 1.397) | |
| Exercises-Set B (pg. 1.401) | |
| Problems-Set A (pg. 1.404) | |
| Problems-Set B (pg. 1.407) | |
| Serial Problem: Kate’s Cards (pg. 1.411) | |
| Extending Your Knowledge (pg. 1.411) | |
| Answers to Self-Study Questions: (pg. 1.414) | |
| Your Turn! Solutions (pg. 1.414) | |
| Chapter 9 Accounting for Long-Lived and Intangible Assets (pg. 1.416) | |
| Overview of Long-Lived Assets (pg. 1.418) | |
| Measuring Acquisition Cost of Plant Assets (pg. 1.419) | |
| Acquisition Cost (pg. 1.419) | |
| Acquisition Costs Related to Land (pg. 1.421) | |
| Your Turn! 9.1 (pg. 1.422) | |
| Nature of Depreciation (pg. 1.422) | |
| Allocation versus Valuation: Depreciation Accounting (pg. 1.423) | |
| Calculating Depreciation Expense (pg. 1.423) | |
| A Comparison of Alternative Depreciation Methods (pg. 1.427) | |
| Your Turn! 9.2 (pg. 1.428) | |
| Depreciation Method Estimate Changes (pg. 1.428) | |
| Revenue versus Capital Expenditures (pg. 1.431) | |
| Revenue Expenditures (pg. 1.431) | |
| Capital Expenditures (pg. 1.431) | |
| Your Turn! 9.3 (pg. 1.432) | |
| Disposals of Plant Assets (pg. 1.433) | |
| Sale of Plant Assets (pg. 1.433) | |
| Your Turn! 9.4 (pg. 1.434) | |
| Intangible Assets and Natural Resources (pg. 1.434) | |
| Measurement of Intangible Assets (Cost Determination) (pg. 1.435) | |
| Amortization of Intangibles (pg. 1.435) | |
| Examples of Intangible Assets (pg. 1.435) | |
| Patents (pg. 1.435) | |
| Copyright (pg. 1.436) | |
| Franchises (pg. 1.436) | |
| Trademarks (pg. 1.436) | |
| Goodwill (pg. 1.437) | |
| Your Turn! 9.5 (pg. 1.437) | |
| Natural Resources (pg. 1.437) | |
| Your Turn! 9.6 (pg. 1.438) | |
| Balance Sheet Presentation (pg. 1.438) | |
| Return on Assets and Asset Turnover (pg. 1.439) | |
| Your Turn! 9.7 (pg. 1.440) | |
| Comprehensive Problem (pg. 1.440) | |
| Summary Of Learning Objectives (pg. 1.441) | |
| Key Terms (pg. 1.442) | |
| SelfStudy Questions (pg. 1.443) | |
| Questions (pg. 1.444) | |
| Exercises-Set A (pg. 1.446) | |
| Exercises-Set B (pg. 1.448) | |
| Problems-Set A (pg. 1.450) | |
| Problems-Set B (pg. 1.453) | |
| Serial Problem: Kate’s Cards (pg. 1.456) | |
| Extending Your Knowledge (pg. 1.457) | |
| Answers to Self-Study Questions: (pg. 1.460) | |
| Your Turn! Solutions (pg. 1.460) | |
| Chapter 10 Accounting for Liabilities (pg. 1.462) | |
| Current Liabilities (pg. 1.464) | |
| Accounts Payable (pg. 1.464) | |
| Notes Payable and Interest (pg. 1.464) | |
| Interest Payable (pg. 1.466) | |
| Current Portion of LongTerm Debt (pg. 1.466) | |
| Advance Payments-Unearned Revenue (pg. 1.466) | |
| Sales and Excise Taxes Payable (pg. 1.467) | |
| PayrollRelated Liabilities (pg. 1.467) | |
| Your Turn! 10.1 (pg. 1.469) | |
| Income Taxes Payable (pg. 1.469) | |
| Long-Term Liabilities (pg. 1.470) | |
| Long-Term Notes (Term Loans) (pg. 1.470) | |
| Types of Bonds (pg. 1.471) | |
| Bond Prices (pg. 1.472) | |
| Recording Bonds (pg. 1.475) | |
| Your Turn! 10.2 (pg. 1.479) | |
| Advantages and Disadvantages of Long-Term Bonds and Notes (pg. 1.479) | |
| Contingent Liabilities (pg. 1.480) | |
| Examples of Contingent Liabilities (pg. 1.481) | |
| Summary of Accounting Treatment for Liabilities (pg. 1.483) | |
| Your Turn! 10.3 (pg. 1.484) | |
| Analyzing Liabilities (pg. 1.484) | |
| Current Ratio and Quick Ratio (pg. 1.484) | |
| Times-Interest-Earned Ratio (pg. 1.485) | |
| Your Turn! 10.4 (pg. 1.486) | |
| Comprehensive Problem (pg. 1.487) | |
| Appendix 10A: Bond Pricing (pg. 1.487) | |
| Your Turn! 10A.1 (pg. 1.496) | |
| Appendix 10B: Leases (pg. 1.496) | |
| Your Turn! 10B.1 (pg. 1.496) | |
| Summary of Learning Objectives (pg. 1.497) | |
| Key Terms (pg. 1.499) | |
| Self-Study Questions (pg. 1.499) | |
| Questions (pg. 1.500) | |
| Short Exercises (pg. 1.501) | |
| Exercises-Set A (pg. 1.503) | |
| Exercises-Set B (pg. 1.506) | |
| Problems-Set A (pg. 1.509) | |
| Problems-Set B (pg. 1.513) | |
| Serial Problem: Kate’s Cards (pg. 1.516) | |
| Extending Your Knowledge (pg. 1.517) | |
| Answers to Self-Study Questions: (pg. 1.519) | |
| Your Turn! Solutions (pg. 1.520) | |
| Chapter 11 Stockholders’ Equity (pg. 1.522) | |
| Nature and Formation of a Corporation (pg. 1.524) | |
| Advantages of the Corporate Form of Organization (pg. 1.524) | |
| Disadvantages of the Corporate Form of Organization (pg. 1.526) | |
| Accounting for Stockholders’ Equity in Alternative Organizational Forms (pg. 1.527) | |
| Your Turn! 11.1 (pg. 1.527) | |
| Par Value Stock and NoPar Value Stock (pg. 1.527) | |
| Your Turn! 11.2 (pg. 1.528) | |
| Types of Capital Stock (pg. 1.528) | |
| Common Stock (pg. 1.529) | |
| Preferred Stock (pg. 1.529) | |
| Your Turn! 11.3 (pg. 1.531) | |
| Stock Issuances for Cash (pg. 1.532) | |
| Issuing Stock at a Premium (pg. 1.532) | |
| Issuing No-Par Stock (pg. 1.532) | |
| Noncash Stock Issuances (pg. 1.533) | |
| Your Turn! 11.4 (pg. 1.533) | |
| Stock Splits (pg. 1.534) | |
| Your Turn! 11.5 (pg. 1.534) | |
| Treasury Stock (pg. 1.534) | |
| Accounting for Treasury Stock (pg. 1.535) | |
| Your Turn! 11.6 (pg. 1.536) | |
| Cash Dividends and Stock Dividends (pg. 1.536) | |
| Cash Dividends (pg. 1.537) | |
| Stock Dividends (pg. 1.538) | |
| Your Turn! 11.7 (pg. 1.540) | |
| Retained Earnings and the Statement of Stockholder’s Equity (pg. 1.540) | |
| Statement of Stockholders’ Equity (pg. 1.541) | |
| Your Turn! 11.8 (pg. 1.541) | |
| Analyzing Stockholders’ Equity (pg. 1.542) | |
| Return on Common Stockholders’ Equity (pg. 1.542) | |
| Dividend Yield and Dividend Payout Ratio (pg. 1.542) | |
| Your Turn! 11.9 (pg. 1.544) | |
| Comprehensive Problem (pg. 1.544) | |
| Summary of Learning Objectives (pg. 1.545) | |
| Key Terms (pg. 1.546) | |
| Self-Study Questions (pg. 1.547) | |
| Questions (pg. 1.548) | |
| Short Exercises (pg. 1.548) | |
| Exercises-Set A (pg. 1.549) | |
| Exercises-Set B (pg. 1.552) | |
| Problems-Set A (pg. 1.555) | |
| Problems-Set B (pg. 1.559) | |
| Serial Problem: Kate’s Cards (pg. 1.563) | |
| Extending Your Knowledge (pg. 1.564) | |
| Answers to Self-Study Questions: (pg. 1.567) | |
| Your Turn! Solutions (pg. 1.567) | |
| Chapter 12 Statement of Cash Flows (pg. 1.570) | |
| Cash and Cash Equivalents (pg. 1.572) | |
| Activity Classifications in the Statement of Cash Flows (pg. 1.573) | |
| Operating Activities (pg. 1.574) | |
| Investing Activities (pg. 1.574) | |
| Financing Activities (pg. 1.574) | |
| Usefulness of Activity Classification (pg. 1.575) | |
| Noncash Investing and Financing Activities (pg. 1.576) | |
| Using the Statement of Cash Flows (pg. 1.576) | |
| Cash Flow from Operating Activities (pg. 1.577) | |
| Your Turn! 12.1 (pg. 1.578) | |
| Preparing the Statement of Cash Flows Using the Indirect Method (pg. 1.578) | |
| Five Steps to Preparing a Statement of Cash Flows (pg. 1.579) | |
| Your Turn! 12.2 (pg. 1.585) | |
| Analyzing Cash Flows (pg. 1.586) | |
| Free Cash Flow (pg. 1.586) | |
| Operating-Cash-Flow-to-Current-Liabilities Ratio (pg. 1.586) | |
| Operating-Cash-Flow-to-Capital-Expenditures Ratio (pg. 1.587) | |
| Your Turn! 12.3 (pg. 1.588) | |
| Comprehensive Problem (pg. 1.588) | |
| Appendix 12A: Preparing the Statement of Cash Flows Under the Direct Method (pg. 1.590) | |
| Your Turn! 12A.1 (pg. 1.592) | |
| Summary of Learning Objectives (pg. 1.593) | |
| Key Terms (pg. 1.594) | |
| Self-Study Questions (pg. 1.594) | |
| Questions (pg. 1.596) | |
| Short Exercises (pg. 1.597) | |
| Exercises-Set A (pg. 1.598) | |
| Exercises-Set B (pg. 1.601) | |
| Problems-Set A (pg. 1.604) | |
| Problems-Set B (pg. 1.609) | |
| Serial Problem: Kate’s Cards (pg. 1.614) | |
| Extending Your Knowledge (pg. 1.616) | |
| Answers to Self-Study Questions: (pg. 1.618) | |
| Your Turn! Solutions (pg. 1.618) | |
| Chapter 13 Analysis and Interpretation of Financial Statements (pg. 1.622) | |
| Persistent Earnings and the Income Statement (pg. 1.624) | |
| Discontinued Operations (pg. 1.626) | |
| Changes in Accounting Principles (pg. 1.626) | |
| Comprehensive Income (pg. 1.627) | |
| Your Turn! 13.1 (pg. 1.627) | |
| Sources of Information (pg. 1.628) | |
| Analytical Techniques (pg. 1.628) | |
| Horizontal Analysis (pg. 1.629) | |
| Trend Analysis (pg. 1.632) | |
| Your Turn! 13.2 (pg. 1.633) | |
| Vertical Analysis (pg. 1.633) | |
| Your Turn! 13.3 (pg. 1.634) | |
| Ratio Analysis (pg. 1.634) | |
| Analyzing Firm Profitability (pg. 1.636) | |
| Your Turn! 13.4 (pg. 1.639) | |
| Analyzing ShortTerm Firm Liquidity (pg. 1.639) | |
| Your Turn! 13.5 (pg. 1.644) | |
| Analyzing LongTerm Firm Solvency (pg. 1.644) | |
| Your Turn! 13.6 (pg. 1.646) | |
| Financial Ratios for Common Stockholders (pg. 1.646) | |
| Your Turn! 13.7 (pg. 1.649) | |
| Limitations of Financial Statement Analysis (pg. 1.649) | |
| Comprehensive Problem (pg. 1.650) | |
| Appendix 13A: Financial Statement Disclosures (pg. 1.651) | |
| Summary of Learning Objectives (pg. 1.654) | |
| Summary of Financial Statement Ratios (pg. 1.655) | |
| Key Terms (pg. 1.657) | |
| Self-Study Questions (pg. 1.658) | |
| Questions (pg. 1.659) | |
| Short Exercises (pg. 1.660) | |
| Exercises-Set A (pg. 1.661) | |
| Exercises-Set B (pg. 1.664) | |
| Problems-Set A (pg. 1.666) | |
| Problems-Set B (pg. 1.672) | |
| Serial Problem: Kate’s Cards (pg. 1.678) | |
| Extending Your Knowledge (pg. 1.680) | |
| Answers to Self-Study Questions: (pg. 1.685) | |
| Your Turn! Solutions (pg. 1.685) | |
| Chapter 14 Overview of Managerial Accounting (pg. 1.688) | |
| Introduction To Managerial Accounting (pg. 1.690) | |
| Managerial Accounting versus Financial Accounting (pg. 1.690) | |
| Objectives of Managerial Accounting (pg. 1.691) | |
| Your Turn! 14.1 (pg. 1.691) | |
| Types Of Business Entities (pg. 1.692) | |
| Your Turn! 14.2 (pg. 1.692) | |
| Major Trends In Business And Managerial Accounting (pg. 1.693) | |
| Outsourcing (pg. 1.693) | |
| Factory Automation (pg. 1.694) | |
| Just-in-Time Inventory Systems (pg. 1.694) | |
| Lean Manufacturing (pg. 1.695) | |
| Customer Profitability (pg. 1.695) | |
| Big Data and Predictive Analytics (pg. 1.696) | |
| Your Turn! 14.3 (pg. 1.696) | |
| Introducing Two New Companies (pg. 1.697) | |
| Fezzari-A U.S. Bicycle Manufacturer and Distributor (pg. 1.697) | |
| Environmental Business Consultants, LLC-A U.S. Service Firm (pg. 1.698) | |
| Careers In Managerial Accounting (pg. 1.699) | |
| Alternative Career Paths (pg. 1.699) | |
| Work/Life Balance (pg. 1.700) | |
| Your Turn! 14.4 (pg. 1.700) | |
| Professional Certifications (pg. 1.700) | |
| Certified Public Accountant (CPA) (pg. 1.700) | |
| Certified Management Accountant (CMA) (pg. 1.701) | |
| Other Professional Certifications (pg. 1.701) | |
| Your Turn! 14.5 (pg. 1.701) | |
| Summary of Learning Objectives (pg. 1.702) | |
| Key Terms (pg. 1.703) | |
| Self-Study Questions (pg. 1.703) | |
| Questions (pg. 1.704) | |
| Extending Your Knowledge (pg. 1.704) | |
| Answers to Self-Study Questions: (pg. 1.706) | |
| Your Turn! Solutions (pg. 1.706) | |
| Chapter 15 Managerial Accounting Concepts and Cost Flows (pg. 1.708) | |
| Key Objectives of a Managerial Accounting System (pg. 1.710) | |
| Product Costing in a Manufacturing Environment (pg. 1.710) | |
| Product Costing in a Service and Merchandising Environment (pg. 1.714) | |
| Cost Control (pg. 1.714) | |
| Your Turn! 15.1 (pg. 1.715) | |
| Inventories and Cost Categories (pg. 1.715) | |
| Inventories (pg. 1.715) | |
| Manufacturing Product Cost Categories (pg. 1.716) | |
| Product Cost Flows (pg. 1.718) | |
| Raw Materials (pg. 1.718) | |
| Labor (pg. 1.718) | |
| Manufacturing Overhead (pg. 1.719) | |
| Cost of Goods Manufactured (pg. 1.720) | |
| Cost of Goods Sold (pg. 1.721) | |
| Your Turn! 15.2 (pg. 1.721) | |
| Illustration of Product Cost Accumulation (pg. 1.721) | |
| Introduction of T-Accounts (pg. 1.721) | |
| Real-World Manufacturing Example (pg. 1.722) | |
| Schedule of Cost of Goods Manufactured (pg. 1.722) | |
| Calculating Cost of Goods Sold (pg. 1.724) | |
| Income Statement for a Manufacturing Firm (pg. 1.725) | |
| Your Turn! 15.3 (pg. 1.725) | |
| Illustration of Product Cost Journal Entries (pg. 1.725) | |
| Cost Flows (pg. 1.727) | |
| Financial Statements (pg. 1.729) | |
| Your Turn! 15.4 (pg. 1.730) | |
| Service Industry in Focus (pg. 1.731) | |
| Comprehensive Problem (pg. 1.734) | |
| Summary of Learning Objectives (pg. 1.735) | |
| Key Terms (pg. 1.736) | |
| Self-Study Questions (pg. 1.737) | |
| Questions (pg. 1.737) | |
| Short Exercises (pg. 1.738) | |
| Exercises-Set A (pg. 1.740) | |
| Exercises-Set B (pg. 1.743) | |
| Problems-Set A (pg. 1.745) | |
| Problems-Set B (pg. 1.748) | |
| Extending Your Knowledge (pg. 1.750) | |
| Answers to Self-Study Questions: (pg. 1.751) | |
| Your Turn! Solutions (pg. 1.751) | |
| Chapter 16 Cost Accounting Systems: Job Order Costing (pg. 1.754) | |
| Cost Accounting Systems (pg. 1.756) | |
| Two Basic Types of Cost Accounting Systems (pg. 1.756) | |
| Timely Product Costing (pg. 1.757) | |
| Your Turn! 16.1 (pg. 1.758) | |
| Predetermined Overhead Rates (pg. 1.759) | |
| Calculation of Predetermined Overhead Rate (pg. 1.759) | |
| Your Turn! 16.2 (pg. 1.760) | |
| Job Order Costing Systems (pg. 1.760) | |
| Illustration of Job Order Costing for a Manufacturer (pg. 1.761) | |
| Your Turn! 16.3 (pg. 1.766) | |
| Illustration of Job Order Costing for a Service Firm (pg. 1.770) | |
| Your Turn! 16.4 (pg. 1.771) | |
| Accounting for Service Departments (pg. 1.771) | |
| Service Departments as Cost Centers (pg. 1.772) | |
| Service Department Costs as Product Costs (pg. 1.772) | |
| Method of Cost Allocation (pg. 1.773) | |
| Choosing an Allocation Basis (pg. 1.773) | |
| Your Turn! 16.5 (pg. 1.775) | |
| Departmental Overhead Rates (pg. 1.775) | |
| Departmental Overhead Rates (pg. 1.775) | |
| Your Turn! 16.6 (pg. 1.776) | |
| Service Industry in Focus (pg. 1.776) | |
| Comprehensive Problem (pg. 1.777) | |
| Summary of Learning Objectives (pg. 1.778) | |
| Self-Study Questions (pg. 1.780) | |
| Questions (pg. 1.781) | |
| Short Exercises (pg. 1.782) | |
| Exercises-Set A (pg. 1.784) | |
| Exercises-Set B (pg. 1.786) | |
| Problems-Set A (pg. 1.789) | |
| Problems-Set B (pg. 1.794) | |
| Extending Your Knowledge (pg. 1.798) | |
| Answers to Self-Study Questions: (pg. 1.800) | |
| Your Turn! Solutions (pg. 1.800) | |
| Chapter 19 Cost-Volume-Profit Relationships (pg. 1.900) | |
| Cost Behavior Analysis (pg. 1.902) | |
| Selecting the Activity Basis (pg. 1.902) | |
| Cost-Volume Graphs (pg. 1.903) | |
| Classifications of Cost Behavior Patterns (pg. 1.904) | |
| Your Turn! 19.1 (pg. 1.905) | |
| Relevant Range (pg. 1.905) | |
| Your Turn! 19.2 (pg. 1.906) | |
| Analyzing Cost Behavior (pg. 1.906) | |
| Scattergraph Method (pg. 1.907) | |
| High-Low Method (pg. 1.907) | |
| Least Squares Regression Method (pg. 1.909) | |
| Analyzing Costs in Practice (pg. 1.910) | |
| Your Turn! 19.3 (pg. 1.911) | |
| Cost-Volume-Profit (CVP) Analysis (pg. 1.912) | |
| Break-Even Analysis (pg. 1.912) | |
| Your Turn! 19.4 (pg. 1.914) | |
| Contribution Margin Analysis (pg. 1.914) | |
| Your Turn! 19.5 (pg. 1.917) | |
| Planning For Profit (pg. 1.917) | |
| Desired Profit (pg. 1.917) | |
| Margin of Safety (pg. 1.919) | |
| Operating Leverage (pg. 1.919) | |
| Using Cost-Volume-Profit Relationships (pg. 1.923) | |
| Break-Even Analysis and Multiple Products (pg. 1.925) | |
| Cost-Volume-Profit Analysis for Retail Businesses (pg. 1.925) | |
| Your Turn! 19.6 (pg. 1.927) | |
| Service Industry in Focus (pg. 1.927) | |
| Comprehensive Problem (pg. 1.929) | |
| Summary of Learning Objectives (pg. 1.930) | |
| Key Terms (pg. 1.932) | |
| Self-Study Questions (pg. 1.933) | |
| Questions (pg. 1.933) | |
| Short Exercises (pg. 1.934) | |
| Exercises-Set A (pg. 1.935) | |
| Exercises-Set B (pg. 1.938) | |
| Problems-Set A (pg. 1.942) | |
| Problems-Set B (pg. 1.946) | |
| Extending Your Knowledge (pg. 1.951) | |
| Answers to Self-Study Questions: (pg. 1.951) | |
| Your Turn! Solutions (pg. 1.951) | |
| Chapter 21 Relevant Costs and Short-Term Decision Making (pg. 1.978) | |
| Management and the Decision-Making Process (pg. 1.980) | |
| Who Makes Decisions? (pg. 1.980) | |
| Phases of Decision Making (pg. 1.982) | |
| Relevant Costs and Differential Analysis (pg. 1.983) | |
| Your Turn! 21.1 (pg. 1.985) | |
| Illustrations of Differential Analysis (pg. 1.985) | |
| The Special Order (pg. 1.985) | |
| Your Turn! 21.2 (pg. 1.987) | |
| Make or Buy? (pg. 1.987) | |
| Your Turn! 21.3 (pg. 1.988) | |
| Dropping Unprofitable Segments (pg. 1.989) | |
| Your Turn! 21.4 (pg. 1.990) | |
| Sell or Process Further? (pg. 1.990) | |
| Your Turn! 21.5 (pg. 1.994) | |
| Constrained Resources (pg. 1.994) | |
| Your Turn! 21.6 (pg. 1.997) | |
| Service Industry in Focus (pg. 1.997) | |
| Summary of Learning Objectives (pg. 1.998) | |
| Key Terms (pg. 1.999) | |
| Self-Study Questions (pg. 1.1000) | |
| Questions (pg. 1.1000) | |
| Short Exercises (pg. 1.1001) | |
| Exercises-Set A (pg. 1.1004) | |
| Exercises-Set B (pg. 1.1007) | |
| Problems-Set A (pg. 1.1009) | |
| Problems-Set B (pg. 1.1012) | |
| Extending Your Knowledge (pg. 1.1015) | |
| Answers to Self-Study Questions: (pg. 1.1017) | |
| Your Turn! Solutions (pg. 1.1017) | |
| Chapter 22 Planning and Budgeting (pg. 1.1020) | |
| The Planning Process (pg. 1.1022) | |
| Strategic Planning (pg. 1.1023) | |
| Operational Planning (pg. 1.1024) | |
| Progress Measurement and Reporting (pg. 1.1025) | |
| Your Turn! 22.1 (pg. 1.1025) | |
| The Budgeting Process (pg. 1.1025) | |
| Advantages of Budgeting (pg. 1.1026) | |
| Elements of Effective Budgeting (pg. 1.1026) | |
| Zero-Based Budgeting (pg. 1.1027) | |
| Your Turn! 22.2 (pg. 1.1029) | |
| The Framework of the Master Budget (pg. 1.1029) | |
| Your Turn! 22.3 (pg. 1.1030) | |
| Illustration of a Master Budget and its Components (pg. 1.1030) | |
| Sales Budget (pg. 1.1030) | |
| Production Budget (pg. 1.1031) | |
| Direct Materials Budget (pg. 1.1032) | |
| Direct Labor Budget (pg. 1.1033) | |
| Manufacturing Overhead Budget (pg. 1.1034) | |
| Selling and Administrative Expense Budget (pg. 1.1035) | |
| Capital Expenditures Budget (pg. 1.1036) | |
| Cash Budget (pg. 1.1037) | |
| Illustration of a Service Firm’s Budgets (pg. 1.1037) | |
| Your Turn! 22.4 (pg. 1.1040) | |
| Budgeted Financial Statements (pg. 1.1040) | |
| Your Turn! 22.5 (pg. 1.1043) | |
| Services Industry in Focus (pg. 1.1043) | |
| Comprehensive Problem (pg. 1.1045) | |
| Summary of Learning Objectives (pg. 1.1047) | |
| Key Terms (pg. 1.1049) | |
| Self-Study Questions (pg. 1.1050) | |
| Questions (pg. 1.1050) | |
| Short Exercises (pg. 1.1051) | |
| Exercises-Set A (pg. 1.1053) | |
| Exercises-Set B (pg. 1.1055) | |
| Problems-Set A (pg. 1.1058) | |
| Problems-Set B (pg. 1.1060) | |
| Answers to Self-Study Questions: (pg. 1.1064) | |
| Your Turn! Solutions (pg. 1.1065) | |
| Chapter 24 Flexible Budgets, Segment Reporting, and Performance Analysis (pg. 1.1104) | |
| Static Budgets (pg. 1.1106) | |
| Your Turn! 24.1 (pg. 1.1107) | |
| Flexible Budgets (pg. 1.1107) | |
| Flexible Budgets in a Manufacturing Environment (pg. 1.1108) | |
| Flexible Budgets in a Service Environment (pg. 1.1110) | |
| Your Turn! 24.2 (pg. 1.1113) | |
| Internal Reporting of Segment Operations (pg. 1.1114) | |
| Decentralized Organizations (pg. 1.1114) | |
| Segment Reporting (pg. 1.1114) | |
| Types of Business Segments (pg. 1.1115) | |
| Your Turn! 24.3 (pg. 1.1116) | |
| Performance Reporting (pg. 1.1117) | |
| Departmental Operations (pg. 1.1117) | |
| Contribution Margin Income Statement (pg. 1.1117) | |
| Segment Performance Evaluation (pg. 1.1119) | |
| Service Company Segment Reporting Illustration (pg. 1.1119) | |
| Office Margin (pg. 1.1120) | |
| Your Turn! 24.4 (pg. 1.1123) | |
| Performance Analysis (pg. 1.1123) | |
| Return on Investment (pg. 1.1124) | |
| Profit Margin (pg. 1.1125) | |
| Asset Turnover (pg. 1.1125) | |
| Residual Income (pg. 1.1126) | |
| Balanced Scorecard (pg. 1.1127) | |
| Your Turn! 24.5 (pg. 1.1127) | |
| Your Turn! 24.6 (pg. 1.1127) | |
| Service Industry in Focus (pg. 1.1128) | |
| APPENDIX 11A: Transfer Pricing (pg. 1.1130) | |
| Domestic Transfer Pricing (pg. 1.1130) | |
| International Transfer Pricing (pg. 1.1137) | |
| Comprehensive Problem (pg. 1.1137) | |
| Summary of Learning Objectives (pg. 1.1138) | |
| Key Terms (pg. 1.1141) | |
| Self-Study Questions (pg. 1.1141) | |
| Questions (pg. 1.1142) | |
| Short Exercises (pg. 1.1143) | |
| Exercises-Set A (pg. 1.1145) | |
| Exercises-Set B (pg. 1.1146) | |
| Problems-Set A (pg. 1.1148) | |
| Problems-Set B (pg. 1.1152) | |
| Extending Your Knowledge (pg. 1.1155) | |
| Appendix F Data Analytics and Blockchain Technology (pg. 1.F-1) | |
| Data Analytics (pg. 1.F-2) | |
| Data Analytics in the Accounting Profession (pg. 1.F-3) | |
| Blockchain Technology (pg. 1.F-4) | |
| Summary of Learning Objectives (pg. 1.F-5) | |
| Key Terms (pg. 1.F-6) | |
| Self-Study Questions (pg. 1.F-6) | |
| Exercises (pg. 1.F-6) | |
| Answers to Self-Study Questions: (pg. 1.F-8) | |
James S. Wallace
Associate Professor at The Peter F. Drucker and Masatoshi Ito Graduate School of Management at The Claremont Graduate University.
He received his Bachelors of Arts from the University of California, Santa Barbara, his MBA from the University of California, Davis, and his PhD from the University of Washington. Professor Wallace also holds a CPA certification from the state of California. He previously served on the faculty of the University of California, Irvine and has served as a visiting professor at the University of California, San Diego. Professor Wallace's work has appeared in leading academic journals including the Journal of Accounting and Economics, the Journal of Corporate Finance, and Information Systems Research, along with leading applied journals such as the Journal of Applied Corporate Finance, the Journal of Accountancy, Issues in Accounting Education and Accounting Horizons. Prior to his career in academics, Professor Wallace worked in public accounting and in industry with a Fortune 500 company. He has done consulting work with numerous companies in multiple industries.| Financial & Managerial Accounting for Undergraduates, 2e (Wallace, Nelson, Christensen, Hobson, Matthews) | |
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Errata Last Updated: Feb 7 2023 |
Corrections to identified errors in the text. |
|
Excel Templates - Students Last Updated: May 12 2020 |
Excel templates for use with identified end-of-chapter assignments. |
|
Practice Quizzes Last Updated: May 4 2021 |
Brief, multiple choice practice quizzes for each chapter, including solutions. |
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Columbia Sportswear Company's 2017 10K Report |
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General Mills' 2017 10K Report |
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Under Armour's 2017 10K Report |
