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Financial Accounting, 12th Edition

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Description

Maximize understanding and prepare students for future learning and careers in accounting and business. Financial Accounting, Twelfth Edition enhances its focus on real-world decision-making processes with data analytics and insights while retaining the pedagogy on which users have come to rely. Thorough coverage of procedures, early introduction of the Accounting Cycle from a corporate perspective, and robust assignment content provide a solid foundation for learning the essential concepts, techniques, and methods of financial accounting.

New to Edition
  • Enhanced discussions within the accounting cycle chapters, to ensure maximum student understanding.
  • Added and Updated illustrations throughout to offer more visualization of accounting concepts as well as to increase student engagement.
  • NEW Environmental, Social, and Governance (ESG) Insight boxes, as well as critical-thinking cases, to highlight the growing importance of sustainability reporting.
  • NEW Analytics in Action end-of-chapter section, with data visualization discussion and assessment.
  • NEW Data Analytics Insight boxes, highlighting the use of data analytics by real-world companies.
  • NEW chapter discussions of data analytics, at the appropriate level for introductory accounting students.
  • Updated discussions throughout for the use of latest developments and new technology, e.g., cloud computing.
  • More Do It’s at the end of key subsections, so students more immediately assess their understanding.
  • New real-world company examples to increase student engagement.
  • Highlighted key information and computations using bulleted and numbered lists.
  • Added Answers to Insight and Accounting Across the Organization Questions at the end of chapter.
Features
Activate knowledge application with real-world context.

Aid student understanding of current events and social and cultural issues with Environmental, Social, and Governance (ESG) Insights and ESG Reporting Cases that help students conceptualize current reporting practices and how ESG reporting may impact future financial accounting.

Introduce students to business challenges with Real-World Company Videos, found in WileyPLUS, that feature small businesses and larger companies and illustrate how business owners apply accounting concepts in real-time.


Cultivate the data analytics and problem-solving skills students need for career success.

Provide students with the opportunity to use data analytics to solve realistic business challenges with Data Analytics in Action problems.

Help students interpret visualizations and think critically about data in WileyPLUS with PowerBI and Tableau Visualizations, accompanied by assignable questions.

Introduce a practical framework for developing problem-solving skills with Excel-Based Data Analytics Problems that help students build key skills while enhancing their understanding of important business concepts. Available in WileyPLUS.