Solution manual for Financial Accounting Libby Libby Short 8th edition

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Solutions manual for Financial Accounting Libby Libby Short 8th edition

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Product details:

  • ISBN-10 ‏ : ‎ 0078025559
  • ISBN-13 ‏ : ‎ 978-0078025556
  • Author: Patricia Libby, Robert Libby

Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate 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.

Libby/Libby/Short successfully implements 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.

Table of Contents
Chapter 1 What Is Auditing?
Chapter 2 The Audit Planning Process: Understanding the Risk of Material Misstatement
Chapter 3 Internal Controls
Appendix A: Information Systems Auditing
Chapter 4 Auditing the Revenue Business Process
Appendix A: BCS Private Ltd.
Appendix B: BCS Private Ltd.
Chapter 5 Audit Evidence and the Auditor’s Responsibility for Fraud Detection
Chapter 6 Auditing the Acquisition and Expenditure Business Process
Chapter 7 Auditing the Inventory Business Process
Chapter 8 Audit Sampling: Tests of Internal Controls
Chapter 9 Audit Sampling: Substantive Tests of Details
Chapter 10 Cash and Investment Business Processes
Chapter 11 Long-Term Debt and Owner’s Equity Business Process
Chapter 12 Completing the Audit
Chapter 13 Audit Reports
Chapter 14 The Auditing Profession

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