Description
Title Page
Copyright Page
Brief Contents
Contents
About the Authors
About the Canadian Authors
Changes to This Edition
Horngren’s Accounting … Expanding on Proven Success
Textbook Features
Acknowledgments for Horngren’s Accounting, Eleventh Canadian Edition
12 Partnerships
Characteristics of a Partnership
Advantages and Disadvantages of Partnerships
Types of Partnerships
Partnership Financial Statements
Forming a Partnership
Sharing Partnership Profits and Losses
Partner Withdrawals (Drawings)
Admission of a Partner
Withdrawal of a Partner from the Business
Liquidation of a Partnership
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
13 Corporations: Share Capital and the Balance Sheet
Corporations
Shareholders’ Equity
Issuing Shares
Organization Costs
Accounting for Cash Dividends
Different Values of Shares
Evaluating Operations
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
14 Corporations: Retained Earnings and the Income Statement
Retained Earnings
Stock Dividends
Stock Splits
Repurchase of Its Shares by a Corporation
The Corporate Income Statement
Statement of Retained Earnings
Statement of Shareholders’ Equity
Restrictions on Retained Earnings
Changing Financial Statements
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
15 Long-Term Liabilities
Bonds: An Introduction
Bonds
Issuing Bonds to Borrow Money
Amortization of a Bond Discount and a Bond Premium
Adjusting Entries for Interest Expense
Retirement of Bonds
Convertible Bonds and Notes
Advantages and Disadvantages of Issuing Bonds Versus Shares
Mortgages and Other Long-Term Liabilities
Lease Liabilities
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
Chapter 15 Appendix: Time Value of Money: Future Value and Present Value
16 Investments and International Operations
Share Investments
Accounting for Short-Term Investments
Long-Term Equity Investments Without Significant Influence
Long-Term Share Investments with Significant Influence
Long-Term Share Investments Accounted for by the Consolidation Method
Consolidated Financial Statements
Investments in Bonds
Foreign-Currency Transactions
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
17 The Cash Flow Statement
The Cash Flow Statement: Basic Concepts
Purpose of the Cash Flow Statement
Format of the Cash Flow Statement
Operating, Investing, and Financing Activities
Measuring Cash Adequacy: Free Cash Flow
The Cash Flow Statement: The Indirect Method
Computing Individual Amounts for the Cash Flow Statement
Summary Problem for Your Review
Summary
Chapter 17 Appendix: The Cash Flow Statement: The Direct Method
Summary Problem For Your Review
Assignment Material
Extending Your Knowledge
18 Financial Statement Analysis
Objectives of Financial Statement Analysis
Methods of Analysis
Horizontal Analysis
Vertical Analysis
Common-Size Statements
Using Ratios to Make Decisions
Limitations of Financial Analysis
Investor Decisions
Summary Problem for Your Review
Summary
Assignment Material
Extending Your Knowledge
Appendix A
Appendix B
Glossary
