Instructors Manual Fiancial Accounting 2th财务会计（全套）.doc

Chapter Overview The text’s first chapter lays the foundation for Part One: Fundamentals of Accounting (chapters 1 through 5). Together, this material offers a comprehensive introduction to basic accounting statements and techniques. Chapter 1 introduces accounting’s main product, financial statements. It utilizes a real company’s (Union Plaza Hotel Casino, Inc.) financial statements as well as illustrations of accounting information’s role in the decision-making process. Lastly, the groundwork for future chapters is achieved through an examination of economic concepts, accounting conventions, and institutional context. In short, this material adds a great deal of dimension to the president’s question of the accounting candidate (“What’s two plus two?”) in the chapter introduction. Teaching Opportunities The Chapter Outline by Learning Objective closely parallels the chapter’s Figures and Exhibits. As a result, you can easily reference it to the text and other instructional materials in your classroom presentation. The authors’ creative approach keeps students in a “hands on” mode through use of Union Plaza Inc.’s financial statements and footnote disclosures (Learning Objectives 2, 3, and 5). In addition, Learning Objective 4 provides a solid link to economic concepts critical to successful construction of financial statements. Chapter Problems by Learning Objective The cases offered at the chapter’s conclusion address all 5 learning objectives. Chapter Table of Contents Page Objective 1 – What financial accounting is. 1-1 Objective 2 – What economic information is conveyed in financial statements. 1-2 Objective 3 – How accounting information is used and why it is important. 1-4 Objective 4 – A framework for understanding accounting information. 1-5 Objective 5 – To begin to read actual financial statements by looking at excerpts from the reports of real companies. 1-8 Chapter Outline by Learning Objective Objective 1 – What financial