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HORNGREN'S Financial & Managerial Accounting …

HORNGREN'S Financial & Managerial Accounting fifth edition tracie Miller-Nobles Austin Community College Brenda Mattison Tri-County Technical College Ella Mae Matsumura University of Wisconsin-Madison PEARSON Boston Columbus Indianapolis New York San Francisco Hoboken Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City S o Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Contents CHARTER 1 Accounting and the Business Environment 1 Why Is Accounting Important? 2 Decision Makers: The Users of Accounting Information 3 The Accounting Profession 4 What Are the Organization: and Rules That Govern Accounting ? 6 Governing Organization 6 Generali/ Accepted Accounting Principles 6 The Economic Entity Assumption 6 The Cost Principle 9 The Going Concern Assumption 10 The Monetary Unit Assumption 10 International Financial Reporting Standards 10 Ethics in Accounting and Business 10 What Is the Accounting Equation?

HORNGREN'S Financial & Managerial Accounting FIFTH EDITION Tracie Miller-Nobles Austin Community College Brenda Mattison Tri-County Technical College

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