Financial and Managerial Accounting – Carl S. Warren, James M. Reeve, Jonathan Duchac – 14th Edition


Gain a solid foundation in the core accounting concepts as you develop a true appreciation for why accounting is important to business and a prosperous society with Warren/Reeve/Duchac’s FINANCIAL AND MANAGERIAL ACCOUNTING, 14E.

This latest edition clearly demonstrates how accounting is more than just data and black and white rules. Instead, you see how accounting provides key information used to make critical business decisions. A new chapter schema provides context that emphasizes how each chapter’s content fits into the big picture.

The book focuses on why accounting is important and consistently reinforces connections to the big picture throughout the text by connecting journal entries to the accounting equation. You also gain important practice in making business decisions.

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  • 1. Introduction to Accounting and Business.
    2. Analyzing Transactions.
    3. The Adjusting Process.
    4. Completing the Accounting Cycle.
    5. Accounting for Merchandising Businesses.
    6. Inventories.
    7. Internal Control and Cash.
    8. Receivables.
    9. Long-Term Assets: Fixed and Intangible.
    10. Liabilities: Current, Installment Notes, and Contingencies
    11. Liabilities: Bonds Payable.
    12. Corporations: Organization, Stock Transactions, and Dividends.
    13. Statement of Cash Flows.
    14. Financial Statement Analysis.
    15. Introduction to Managerial Accounting.
    16. Job Order Costing.
    17. Process Costing Systems.
    18. Activity-Based Costing.
    19. Cost-Volume-Profit Analysis.
    20. Variable Costing for Management Analysis.
    21. Budgeting.
    22. Evaluating Variances from Standard Costs.
    23. Evaluating Decentralized Operations.
    24. Differential Analysis and Product Pricing.
    25. Capital Investment Analysis.
    26. Lean Manufacturing and Activity Analysis.

    Appendix A: Interest Tables.
    Appendix B: Revenue Recognition
    Appendix C: International Financial Reporting Standards.
    Appendix D: Investments.
  • Citation

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