1. Business, Accounting, and You
2. Analyzing and Recording Business Transactions
3. Adjusting and Closing Entries
4. Accounting for a Merchandising Business
5. Inventory
6. The Challenges of Accounting: Standards, Internal Control, Audits, Fraud, and Ethics
7. Cash and Receivables
8. Long-Term and Other Assets
9. Current Liabilities and Long-Term Debt
10. Corporations: Paid-In Capital and Retained Earnings
11. The Statement of Cash Flows
12. Financial Statement Analysis

1. Columbia Sportswear Company Annual Report 2016 to Shareholders
2. Time Value of Money—Future and Present Value Concepts
3. FASB Update—Revenue Recognition

Use a text with strong pedagogy tools to create a clear learning path

• Waybright has crafted a text that’s written with both clarity and purpose.
• Question and Answer format provide detailed information. Some of the best teachable moments happen when a student asks a key question that gets straight to the heart of the discussed topic. This text mirrors that approach by providing a format with key questions in the A and B headers, followed by a clear, direct, and detailed explanation.
• Actual Decision Model summarizes the concepts and computations throughout the material. These models show each decision and how to evaluate the health of it, so that students can readily see its value in/for a business. The models in each chapter are then summed up in the Decision Guidelines in the end-of-chapter material.
• Accounting and You feature, found in every chapter, personalizes accounting challenges, issues, and ethical situations for students to evaluate from their own perspective.
• Concept Checks, appearing at the end of each section, allow students to review their understanding and interpretation of the materials. By showing “what it is” and “why and when it matters” together, these checks give students a place to pause and interpret what they’ve just learned.
• Focus on Decision Making, beginning with Chapter 1, places a tremendous emphasis on making financially sound business decisions, how much risk is involved and how to evaluate the impact of it to a company. Ethics and ratio coverage are woven throughout the text to continue this emphasis.
• Demo Docs in every chapter consist of worked through problems, representative of the chapter material, which navigate students through the computations and concepts together in a step-by-step format for overall comprehension. Additional Demo Docs are available in the study guide and on MyAccountingLab®.
• Decision Guidelines, summarizing the chapter's key terms, concepts, and formulas in the context of business decisions, can be found at the midpoint and end of each chapter. They reinforce how the accounting information students are learning is used to make decisions in business.
• Progressive, expansive, and challenging end-of-chapter material help students retain the material. Waybright understands that the key to students’ accounting success is in the practice and work completed in the end-of-chapter content. With this in mind, this text presents the material so that students progress from simple calculative short exercises to a mixture of calculative/conceptual exercises and on to the more complex conceptual analysis problems and cases. This progression allows students to build confidence and achieve mastery of the material.
  • Self Checks quickly audit the students’ understanding of the chapter concepts by presenting them with a series of multiple-choice questions.
  • Discussion Questions help students make the connections between the “how” and the “why” of financial accounting information through a guided series of in-class discussion questions.
  • “A” and “B” Set of Exercises and Problems provide students and instructors with two sets of problems and exercises in the text. Three sets (“C”, “D”, and “E”) of alternative exercises and problems are available in MyAccountingLab to give students more practice opportunities.
  • The Continuing Exercise highlights the same small business from chapter to chapter, allowing students to apply their understanding of chapter concepts in a business context. As students move through the text, they complete additional steps in this comprehensive exercise. Students, again, see the big picture and learn how the topics bui