Synopses & Reviews
Ideal for graduate, MBA, and higher-level undergraduate programs, FINANCIAL ACCOUNTING: AN INTRODUCTION TO CONCEPTS, METHODS, AND USES presents both the basic concepts underlying financial statements and the terminology and methods that allows the reader to interpret, analyze, and evaluate actual corporate financial statements. Fully integrated with the latest International Financial Reporting Standards, inclusion of the latest developments on Fair Value Accounting, and coverage of the Codification of US GAAP, this text provides the highest return on your financial accounting course investment
Review
"I very much like the [transaction] format and I think students find it intuitive. It does a nice job of highlighting the preservation of the balance sheet identity as transactions are recorded."
Review
"Generally I like this text very much. It is easy to read (never complaints from my students) and it is at a slightly more advanced level than most other introductory texts, making it perfect for an MBA program that wishes to teach or have the option to touch on one or more of these more advanced topics."
Synopsis
This widely respected financial accounting text captures the predominant market share among graduate, MBA, and higher-level undergraduate programs. With great clarity, it presents both the basic concepts underlying financial statements and the terminology and methods that allow students to interpret, analyze, and evaluate actual corporate financial statements.
Synopsis
Ideal for graduate, MBA, and higher-level undergraduate programs, FINANCIAL ACCOUNTING: AN INTRODUCTION TO CONCEPTS, METHODS, AND USES presents both the basic concepts underlying financial statements and the terminology and methods that allow you to interpret, analyze, and evaluate actual corporate financial statements.
About the Author
'Clyde P. Stickney is the Signal Companies\' Professor of Management, Emeritus at the Amos Tuck School of Business Administration, Dartmouth College. He received his DBA from Florida State University and taught at the University of Chicago and the University of North Carolina at Chapel Hill before joining the Tuck School in 1977. He has also taught at business schools in Japan, Australia, Finland, and Germany. Prof. Stickney has authored and coauthored books on financial accounting, managerial accounting, and financial statement analysis.Roman L. Weil, Ph.D., CMA, CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago as well as Visiting Professor at the Haas School of the University of California, Berkeley and the Harvard Law School. He has designed and implemented continuing education programs for partners at two of the large accounting firms and for employees at several operating corporations. Dr. Weil has co-authored dozens of books. His lay articles have appeared in Barron\'s and The Wall Street Journal. He has published more than 80 articles in academic and professional journals, most recently on financial literacy for corporate governance.Katherine Schipper is the Thomas F. Keller Professor of Accounting at the Duke University, Fuqua School of Business. She is a former Board member of the Financial Accounting Standards Board (FASB), a past president of the American Accounting Association and a winner of its Outstanding Educator award, and a member of the Accounting Hall of Fame.Jennifer Francis is the Douglas and Josie Breeden Doctoral Professor of Accounting and Senior Associate Dean for Faculty at the Duke University Fuqua School of Business. Her research and teaching expertise in financial reporting, equity valuation, and security analysts\' role in the capital markets has led to over a dozen teaching awards.'
Table of Contents
PART ONE: OVERVIEW OF FINANCIAL STATEMENTS. 1. Introduction to Business: Activities and Overview of Financial Statements and the Reporting Process. PART TWO: ACCOUNTING CONCEPTS AND METHODS. 2. Balance Sheet: Presenting the Investments and Financing of a Firm. 3. Income Statement: Reporting the Results of Operating Activities. 4. Statement of Cash Flows: Reporting the Effects of Operating, Investing, and Financing Activities on Cash Flows. 5. Introduction to Financial Statement Analysis. PART THREE: MEASURING AND REPORTING ASSETS AND EQUITIES USING GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. 6. Receivables and Revenue Recognition. 7. Inventories: The Source of Operating Profits. 8. Long-Lived Tangible and Intangible Assets: The Source of Operating Capacity. 9. Liabilities: Introduction. 10. Liabilities: Off-Balance-Sheet Financing, Leases, Deferred Income Taxes, and Retirement Benefits. 11. Marketable Securities, Derivatives, and Investments. 12. Shareholders' Equity: Capital Contributions, Distributions, and Earnings. 13. Statement of Cash Flows: Another Look. PART FOUR: SYNTHESIS. 14. Significance and Implications of Alternative Accounting Principles. Appendix: Compound Interest, Accounting, and Bond Tables. Glossary.