Revised edition of the authors' Horngren's financial & managerial accounting, [2016]

Includes indexes.

Accounting and the business environment --
Recording business transactions --
The adjusting process --
Completing the accounting cycle --
Merchandising operations --
Merchandise inventory --
Internal control and cash --
Receivables --
Plant assets, natural resources, and intangibles --
Investments --
Current liabilities and payroll --
Long-term liabilities --
Stockholders? equity --
The statement of cash flows --
Financial statement analysis --
Introduction to managerial accounting --
Job order costing --
Process costing --
Cost management systems : activity-based, just-in-time, and quality management systems --
Cost-volume-profit analysis --
Variable costing --
Master budgets --
Flexible budgets and standard cost systems --
Responsibility accounting and performance evaluation --
Short-term business decisions --
Capital investment decisions --
Appendix A 2011 Green Mountain Coffee Roasters, Inc. annual report --
A-1 --
Appendix B-present value tables B-1 --
Appendix C-accounting information systems C-2 --
Glossary G-1 --
Index I-1 --
Photo credits P-1.

Horngren's Financial and Managerial Accounting presents the core content of the accounting course in a fresh format designed to help today's learners succeed. The Fifth Edition expands on the proven success of the significant revision to the Horngren franchise and uses what the authors have learned from focus groups, market feedback, and colleagues to create livelier classrooms, provide meaningful learning tools, and give professors resources to help students inside and outside the class. First, the authors ensured that content was clear, consistent, and above all, accurate. Every chapter is reviewed to ensure that students understand what they are reading and that there is consistency from chapter to chapter. The author team worked every single accounting problem and employed a team of accounting professors from across the nation to review for accuracy.

This edition continues the focus on student success and provides resources for professors to create an active and engaging classroom. Through MyAccountingLab, students have the opportunity to watch author recorded solution videos, practice the accounting cycle using an interactive tutorial, and watch in-depth author-driven animated lectures that cover every learning objective. In addition, all instructor resources have been updated to accompany this edition of the book, including the PowerPoint presentations and Test Bank.