Financial Accounting: A Business Process Approach

Financial Accounting: A Business Process Approach

<P style="MARGIN: 0px"><I>Appropriate for accounting majors AND non-majors. </I></P> <P style="MARGIN: 0px">Students are introduced to an entrepreneur who decides to create his own business (Tom's Wear). In subsequent chapters, students read this <B>running case example</B> and learn financial accounting concepts through Tom's experiences as he grows and expands his business. <B>This is the business process approach:</B> Reimers 1) teaches students about the way a business works and 2) THEN shows <B>how accounting fits into business processes.</B> All of the traditional financial statements and the accounting equation are emphasized, but the focus is on <B>how accounting relates to business processes.</B> Excel Application Problems, financial statements, internal controls, and business risks are integrated into every chapter. Chapter 4 on accounting procedures (debits and credits) may be included or omitted based upon instructor preference. </P>