Fundamentals of Financial Accounting
8th Edition
9364449797
·
9789364449793
© 2026 | Published: April 20, 2026
About the Book:The book Fundamentals of Financial Accounting is an introductory textbook in financial accounting that is designed to help students build a strong foundation in accounting principles and practices. It introduces the subject in a clear,…
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Chapter 1: Business Decisions and Financial Accounting
Chapter 2: The Balance Sheet
Chapter 3: The Income Statement
Chapter 4: Inventory and Cost of Goods Sold
Chapter 5: Receivables, Bad Debt Expense, and Interest Revenue
Chapter 6: Long-Lived Tangible and Intangible Assets
Chapter 7: Liabilities
Chapter 8: Stockholders’ Equity
Chapter 9: Statement of Cash Flows
Chapter 10: Measuring and Evaluating Financial Performance
Appendix A: Excerpts from the Fiscal 2021 10-K Annual Report of The Home Depot, Inc.
Appendix B: Excerpts from the Fiscal 2021 10-K Annual Report of Lowe’s Companies, Inc.
Appendix C: Present and Future Value Concepts
Appendix D: Indian Cases
Appendix E: Financial Statements as Per Companies Act 2013
Appendix F: Green Accounting and Sustainable Reporting
Solutions to Multiple-Choice Questions
Chart of Accounts
Index
Chapter 2: The Balance Sheet
Chapter 3: The Income Statement
Chapter 4: Inventory and Cost of Goods Sold
Chapter 5: Receivables, Bad Debt Expense, and Interest Revenue
Chapter 6: Long-Lived Tangible and Intangible Assets
Chapter 7: Liabilities
Chapter 8: Stockholders’ Equity
Chapter 9: Statement of Cash Flows
Chapter 10: Measuring and Evaluating Financial Performance
Appendix A: Excerpts from the Fiscal 2021 10-K Annual Report of The Home Depot, Inc.
Appendix B: Excerpts from the Fiscal 2021 10-K Annual Report of Lowe’s Companies, Inc.
Appendix C: Present and Future Value Concepts
Appendix D: Indian Cases
Appendix E: Financial Statements as Per Companies Act 2013
Appendix F: Green Accounting and Sustainable Reporting
Solutions to Multiple-Choice Questions
Chart of Accounts
Index
About the Book:
The book Fundamentals of Financial Accounting is an introductory textbook in financial accounting that is designed to help students build a strong foundation in accounting principles and practices. It introduces the subject in a clear, structured, and progressive manner so that learners can gradually develop both conceptual understanding and practical skills. The book emphasizes understanding how accounting reflects real business activities, guiding students through how financial information is recorded, processed, and communicated. It combines theory with practical application, using examples, exercises, and real-world business contexts to make learning more engaging and relevant. A distinctive feature of the book is that each chapter integrates short thematic sections that connect accounting concepts to contemporary issues in business and finance. These sections cover areas such as business decision-making, ethics, internal controls, financial reporting practices, data analytics, and global accounting standards.
Key Features:
• Aligned with the latest Indian curriculum guidelines
• Uses real company stories and examples to connect theory with real business decisions
• Concepts are introduced in step-by-step progression, helping learners build understanding from basic to advanced topics.
• Basic introduction to data and analytics in accounting
• Practice questions and guided examples for better learning
The book Fundamentals of Financial Accounting is an introductory textbook in financial accounting that is designed to help students build a strong foundation in accounting principles and practices. It introduces the subject in a clear, structured, and progressive manner so that learners can gradually develop both conceptual understanding and practical skills. The book emphasizes understanding how accounting reflects real business activities, guiding students through how financial information is recorded, processed, and communicated. It combines theory with practical application, using examples, exercises, and real-world business contexts to make learning more engaging and relevant. A distinctive feature of the book is that each chapter integrates short thematic sections that connect accounting concepts to contemporary issues in business and finance. These sections cover areas such as business decision-making, ethics, internal controls, financial reporting practices, data analytics, and global accounting standards.
Key Features:
• Aligned with the latest Indian curriculum guidelines
• Uses real company stories and examples to connect theory with real business decisions
• Concepts are introduced in step-by-step progression, helping learners build understanding from basic to advanced topics.
• Basic introduction to data and analytics in accounting
• Practice questions and guided examples for better learning