The following list of revisions list of revisions is a testament to the enthusiastic response of dozens of reviews who contributed their considerable expertise. In doing so they have helped to make the 14th edtion of Financial & Managerial Accounting the best book of its kind.

    In this edition, the authors focued on two key revisions: Streamlining the text and providing even more end-of-chapter material. The Williams team accomplished this goal with the following revisions for each chapter:

- Addition of 250 new exercises and problems, PLUS 260 new brief exercises
- Inclusion of at least 10 new brief exercise in each chapter
- Revision of graphics to match new design and improve the illustration of key concepts
- Inclusion of Problem Set B in each chapter, doubling the amount of problem material
- Home Depot Financial Statement featured in Appendix A and tied to end-of-chapter material
- New, vibrant design that features revised graphics in each chapter and and all-new layout
- Selected problems and exercises now available with McGraw-Hill's Homework Manager
- Incorporation of Management strategy and Cash Effects features into the text to streamline the discussion

1. Accounting: Information for Decision Making
2. Basic Financial Statements
3. The Accounting Cycle: Capturing Economic Events
4. The Accounting Cycle: Accruals and Deferrals
5. The Accounting Cycle: Reporting Financial Results Comprehensive Problem 1: Susquehanna Equipment
Rentals
6. Merchandising Activities
7. Financial Assets
8. Inventories and the Cost of Goods Sold Comprehensive Problem 2: Guitar Universe, Inc.
9. Plant and Intangible Assets
10. Liabilities

Etc.