Financial & Managerial Accounting (18th Edition)

Financial and Managerial Accounting: The Basis for Business Decisions arrives in its Eighteenth Edition, representing the most current, thoroughly updated, and pedagogically advanced version of this legendary accounting textbook. Authored by Jan R. Williams, Susan F. Haka, Mark S. Bettner, and Joseph V. Carcello, and published by McGraw-Hill Education, this edition continues the outstanding tradition of excellence established by Meigs and Meigs while bringing the content fully up to date with the latest accounting standards, digital tools, and contemporary business practices.

This textbook is widely prescribed in B.Com, M.Com, BBA, MBA, ACCA, CA, and ICMA programs across Pakistani universities and professional accounting institutes. The Eighteenth Edition is the most comprehensive and relevant version of this classic text ever published, making it the ideal choice for students who want the very best and most current accounting education available.

The book provides seamlessly integrated coverage of both financial and managerial accounting. The financial accounting section covers the complete accounting cycle, cash and internal controls, receivables and credit management, inventory systems and valuation, plant assets and depreciation, current and long-term liabilities, stockholders equity and corporate accounting, investments, and the statement of cash flows along with financial statement analysis. The managerial accounting section covers cost concepts and behavior analysis, job order costing, process costing, cost-volume-profit analysis, budgeting systems and budgetary control, standard costing and variance analysis, relevant costing and short-term decision making, capital budgeting and long-term investment decisions, and responsibility accounting with performance evaluation.

The Eighteenth Edition introduces significant new content and pedagogical enhancements that distinguish it from all previous editions. New material covers digital accounting systems and cloud-based accounting software, updated coverage of international financial reporting standards and their comparison with US GAAP, enhanced treatment of data analytics in accounting, expanded ethics coverage integrated throughout every chapter, new sustainability reporting content, and thoroughly revised problem sets and cases drawn from contemporary business situations. The McGraw-Hill publication also provides access to Connect, an integrated digital learning platform that enhances student engagement and assessment.

This book is essential for B.Com and M.Com students, BBA and MBA candidates, ACCA and CA students, ICMA candidates, finance professionals, and anyone seeking the most complete, authoritative, and up-to-date single-volume treatment of financial and managerial accounting available in Pakistan today.

Available now at Prince Book Depot - Lahore's most trusted bookstore since 1958. Fast delivery across Pakistan.