Principles of Financial Accounting

The Tenth Edition focuses primarily on the use of accounting information in today's business world--beginning with sole proprietorships--and represents the most significant revision of the text to date. Content updates reflect current accounting and business practices, while greater attention is given to ethics, service enterprises, and international issues. In addition, the text features a more concise, accessible writing style; a new design to emphasize the user-oriented content; and enhanced technology components for both instructors and students. Accuracy reviewers check every line and work through each exercise in the text and supplements, making "Principles of Financial Accounting" the most accurate among similar texts on the market."New " A completely new, streamlined interior design emphasizes the user-oriented content and features more than 30 captioned photos, new line art, and a contemporary color palette that unify the text's elements and aid students' understanding of accounting."New " The Tenth Edition offers greater accessibility than ever before, appealing to a broad range of interests and skilllevels. Where possible, detailed information has been made more concise, and procedural material has been rewritten to focus more on the use of accounting information in today's business world."New " The Eduspace online learning tool pairs the widely recognized resources of Blackboard with quality, text-specific content from Houghton Mifflin. Auto-graded algorithmic homework exercises and MP3 files of chapter summaries come ready-to-use. Additional course management materials include HM Testing (powered by Diploma) and Houghton Mifflin's General Ledger Software."New " Enhancements to the chapter openers include 18 new photos; new ethics statements and coverage of ethics/corporate governance in the "Learning Objectives;" all new "Decision Point" companies such as Google and Starbucks accompanied by questions for thought and discussion; and a new financial statement model that shows how the chapter topic is reflected in the financial statements."New " The text features hundreds of publicly held companies--as well as international, governmental, and not-for-profit organizations--to illustrate the real-world application of accounting principles. New coverage includes CVS, Kraft Food Corporation, and Southwest Airlines. In addition, web links to the annual reports of companies mentioned in the text are available at the Online Study Center for students."New " Following each learning objective, new "Stop, Review, and Apply" features present discussion questions and short exercises for students to complete based on the material they've just learned."New " "A Look Back At," located at the end of each chapter, revisits the company highlighted in the chapter-opening Decision Point and promptsstudents to reconsider the material covered in the chapter.