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Financial Accounting: Tools for Business Decision Makingby Paul D Kimmel
Synopses & Reviews
Now in its Fourth Edition, Kimmel, Weygandt, and Kieso’s Financial Accounting: Tools for Business Decision Making has been tested and approved in the classroom. Whether you measure classroom success by improved grades, students who are better prepared for the Intermediate course and their future careers, or by student evaluations at the end of the semester, Financial Accounting delivers real results.
“If you are teaching a debit/credit centered financial accounting principles class there is not a better written or organized text. Believe me I have looked. The supporting materials for instructors [are] also terrific.”
“The textbook is well written with good examples and homework problems. This book is easy to understand, but is rigorous in its coverage of accounting issues.”
“Best presentation of material in the industry. In addition, Financial, Managerial and Intermediate all flow together for greater coverage and comprehension.”
Financial Accounting, 5thEditionprovides students with an understanding of fundamental concepts necessary to use accounting effectively. Starting with a “macro” view of accounting information, the authors present real financial statements. They establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. Kimmel, Weygandt and Kieso motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future.
* Emphasizes the accounting experiences of real high-profile companies, such as Tootsie Roll, Microsoft, Nike, and Intel.
About the Author
Paul D. Kimmel, PhD, CPA,received his bachelor’s degree from the University of Minnesota and his Ph.D. from the Univ. of Wisconsin. He is an Associate Professor at the Univ. of Wisconsin—Milwaukee, and has public accounting experience with Deloitte & Touche (Minneapolis). He was the recipient of the UWM School of Business Advisory Council Teaching Award and the Reggie Taite Excellence in Teaching Award, and is a 3-time winner of the Outstanding Teaching Assisting Award at the Univ. of Wisconsin. He is also a recipient of the Elijah Watts Sells Award. He is a member of the American Accounting Association and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education,and more.
Table of Contents
Chapter 1. Introduction to Financial Statements.
Chapter 2. A Further Look at Financial Statements.
Section 1: The Financial Statements Revisited.
Section 2: Financial Reporting Concepts.
Chapter 3. The Accounting Information System.
Chapter 4. Accrual Accounting Concepts.
Chapter 5. Merchandising Operations and the Multiple-Step Income Statement.
Chapter 6. Reporting and Analyzing Inventory.
Chapter 7. Internal Control and Cash.
Chapter 8. Reporting and Analyzing Receivables.
Chapter 9. Reporting and Analyzing Long-Lived Assets.
Section 1: Plant Assets.
Section 2: Intangible Assets.
Chapter 10. Reporting and Analyzing Liabilities.
Section 1: Current Liabilities.
Section 2: Long-Term Liabilities.
Chapter 11. Reporting and Analyzing Stockholders’ Equity.
Chapter 12. Statement of Cash Flows.
Chapter 13. Financial Analysis: The Big Picture.
Appendix A. Specimen Financial Statements: Tootsie Roll Industries, Inc.
Appendix B. Specimen Financial Statements: Hershey Foods Corporation.
Appendix C. Time Value of Money.
Section 1: Future Value Concepts.
Section 2: Future Value Concepts.
Appendix D. Reporting and Analyzing Investments.
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