Includes index.

Part 1 Financial accounting --
The nature and purpose of accounting --
Basic accounting concepts: the balance sheet --
Basic accounting concepts: the income statement --
Accounting records and systems --
Revenue and monetary assets --
cost of sales and inventories --
Long-lived nonmonetary assets and their amortization --
Sources of capital: debt --
Sources of capital: owners' equity --
Other items that affect net income and owners' equity --
The statement of cash flows --
Acquisitions and consolidated statements --
Financial statement analysis --
Understanding financial statements --
Part 2 Management accounting --
The nature of management accounting --
The behavior of costs --
Full costs and their uses --
Additional aspects of product costing systems --
Standard costs, variable costing systems, quality costs, and joint costs --
Production cost variance analyses --
Other variance analyses --
Control: the management control environment --
Control: the management control process --
Strategic planning and budgeting --
Reporting and evaluation --
Short-run alternative choice decisions --
Longer-run decisions: capital budgeting --
Management accounting system design

Accounting: Text and Cases is a product of lifelong dedication to the discipline of accounting. Covering both financial and managerial accounting as well as broader managerial issues, the book incorporates a breadth of experience that is sure to enrich your course and your students. The 109 cases that make up most of the end of chapter material are a combination of classic Harvard style cases and extended problems, with 12 complete new cases added to the thirteenth edition.