Financial Accounting » (11st Edition)

Mark Bettner is the Chair of Accounting at Bucknell University. He received his Ph.D. at Texas Tech University.

While many texts characterize themselves as having either a “user” approach or a “preparer” approach, Williams’ Financial Accounting is written for faculty who want to strike a balance between these approaches. Business majors will find relevance in the “Ethics, Fraud & Corporate Governance,” “Your Turn” and “Case in Point” boxes throughout the chapters while accounting majors will receive a firm grounding in accounting basics that will prepare them for their intermediate course. A unique feature is the multimedia companion, My Mentor. This text-specific technology resource (available free on the book’s website) uses video clips, animated graphics, PowerPoints and Excel templates to demonstrate accounting concepts visually. This allows students to link concepts and numbers together in an interactive rather than print environment.

Chapter 1: Accounting: Information for Decision Making

Chapter 2: Basic Financial Statements

Chapter 3: The Accounting Cycle: Capturing Economic Events

Chapter 4: The Accounting Cycle: Accruals and Deferrals

Chapter 5: The Accounting Cycle: Reporting Financial Results

Comprehensive Problem 1: Susquehanna Equipment Rentals

Chapter 6: Merchandising Activities

Chapter 7: Financial Assets

Chapter 8: Inventories and the Cost of Goods Sold

Comprehensive Problem 2: Guitar Universe, Inc.

Chapter 9: Plant and Intangible Assets

Chapter 10: Liabilities

Chapter 11: Stockholders' Equity: Paid-in Capital

Comprehensive Problem 3: McMinn Retail, Inc.

Chapter 12: Income and Changes in Retained Earnings

Chapter 13: Statement of Cash Flows

Chapter 14: Financial Statement Analysis

Comprehensive Problem 4: Home Depot, Inc.

Chapter 15: Global Business and Accounting

Appendix A: 2007 Home Depot Financial Statements

Appendix B: The Time Value of Money: Future Amounts and Present Values