Synopses & Reviews
This book presents concepts simply while ensuring the best, most accurate coverage. College Accounting is designed to make accounting understandable to virtually everyone without sacrificing substance and technical correctness. A step-by-step, straightforward approach helps students build practical accounting skills that are needed when entering the world of work. The text presents simple topics first and gradually builds to more advanced topics, so learners are not overwhelmed. The narrative approach covers a simple example of a service business before moving to a merchandising business.
Review
It is an impressive text - well-conceived and put together into a cohesive package. I very much like the straight-forward, no frills approach of the text. In addition, the examples in the chapters are well done. The end-of-chapter material is also very good - good planning and very good execution.
Review
The organization of the chapters is excellent. Beginning the chapters with topic explanations, then giving examples of each topic is of great help to both the instructor and students.
Review
College Accounting is an outstanding text that provides students with the critical thinking and business skills that result in the exit competencies demanded by a competitive marketplace.
Review
Overall, I find this a well prepared text. It provides clear explanations and many detailed figures which emphasize a logical, step-by-step approach to learning accounting. It is neither too difficult nor too easy, striking a balance that satisfies the needs of both accounting and non-accounting majors.
About the Author
Jim Heintz currently guides today's students as Professor and Director of Accounting and Information Systems in the School of Business at the University of Kansas, where he has taught for eleven years. Prior to joining University of Kansas, he was the Accounting Department Head at the University of Connecticut for eight years. He also served as Assistant, Associate and Full Professor for twenty years at Indiana University. Professor Heintz earned his doctorate from Washington University in St Louis and is a CPA. He was a Price Waterhouse Faculty Fellow at Indiana, an Arthur Andersen Faculty Fellow at Connecticut, and is currently the Deloitte and Touche Faculty Fellow at Kansas. Professor Heintz has won numerous school and university teaching awards, including three teaching awards from the Doctoral Student Association. He has served in various capacities on twenty-four doctoral dissertation committees. Jim Heintz has published numerous articles in accounting and business journals, including The Accounting Review; Auditing: A Journal of Practice and Theory; Accounting and Business Research; Journal of Business Finance and Accounting; and International Journal of Accounting Education and Research. He served on the editorial board of Auditing: A Journal of Practice and Theory for seven years. Professor Heintz has served on various committees of the AAA and the FSA, and as president of the Accounting Programs Leadership Group of the AAA. He has participated in external reviews of accounting programs at twelve major universities.Rob Parry clarifies accounting concepts for students daily as Professor of Accounting at Indiana University's Kelley School of Business in Bloomington Indiana. He has taught at Indiana University for the past thirty years as an Assistant, Associate, and Full Professor. He earned a B.S. in Business Education at Bloomsburg University of Pennsylvania, an MBA at the University of Scranton, and a Ph.D. in Business and Economics at Lehigh University. An accomplished teacher, Professor Parry has taught accounting at virtually all levels. While earning his MBA, he taught accounting at Bishop Klonowski High School in Scranton, Pennsylvania. While earning his Ph.D., he also taught financial and managerial accounting at Northhampton County Community College and Lehigh University. At Indiana, he taught in the Undergraduate, MBA, MBA in Accounting, Master of Science in Accounting, the online Kelley Direct MBA Program, and Ph. D. Programs. In addition, he has taught accounting in the Consortium of Universities for International Studies in Asolo, Italy. He has won a dozen teaching excellence awards and has been recognized twice by Business Week as one of the country's Outstanding MBA Faculty. In addition, he was awarded the Indiana University Distinguished Service Award for his efforts in planning and deploying a new, integrated MBA Core Program. He also received the Kelley School of Business Innovative Teaching Award for his role in designing and implementing the curriculum for the Master of Science in Accounting Program.
Table of Contents
PART ONE: ACCOUNTING FOR A SERVICE BUSINESS 1. Introduction to Accounting 2. Analyzing Transactions: The Accounting Equation 3. The Double-Entry Framework 4. Journalizing and Posting Transactions 5. Adjusting Entries and the Work Sheet 6. Financial Statements and the Closing Process Comprehensive Problem: The Accounting Cycle. PART TWO: ACCOUNTING FOR CASH, PAYROLL AND SERVICE BUSINESSES 7. Accounting for Cash 8. Payroll Accounting: Employee Earnings and Deductions 9. Payroll Accounting: Employer Taxes and Reports 10. Accounting for a Professional Service Business: The Combination Journal PART THREE: ACCOUNTING FOR A MERCHANDISING BUSINESS 11. Accounting for Sales and Cash Receipts 12. Accounting for Purchases and Cash Payments 13. Special Journals 14. The Voucher System 15. Adjustments and the Work Sheet for a Merchandising Business 16. Financial Statements and Year-End Accounting for a Merchandising Business Comprehenisve Problem 2: Accounting Cyle with the Subsidiary Ledgers, Part 1 Comprehensive Problem 2: Accounting Cycle with the Subsidiary Ledgers, Part 2 Answers to Self-Study Test Questions Index