Financial Accounting 7th Edition PDF Download Ebook. Robert Libby, Patricia Libby and Daniel Short show that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design.
It is the only financial accounting text to successfully implement a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.
Libby's distinctive focus company approach motivates students by involving them in the business decisions of a real company and engaging them with relevant real-world financial statements. This decision-making focus reinforces the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.
Given the shift to International Financial Reporting Standards (IFRS) for public enterprises, and to Accounting Standards for Private Enterprises (ASPE), both effective January 1, 2011, the need for currency has never been more important. The book is perfectly timed. The authors have fully integrated IFRS into the new edition, while also discussing key differences in ASPE as appropriate.
Libby ensures students understand both the preparation and use of financial statements. Technical requirements for financial reporting are presented within a context that helps students learn the technical material and better understand its importance. The decision-making focus then prepares students, regardless of their major, to analyze and interpret real financial information to make better business decisions.
Based on real Canadian and International companies, the extensive selection of end-of-chapter assignments examine single concepts or integrate multiple concepts presented in the chapter. The "Cases and Projects" selection of assignments require students to analyze and think conceptually, calculate, and also enhance their written communication skills. Assignments suitable for written individual or group projects and oral presentations are included in strategic locations.
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