Financial Accounting: Concepts and Applications / Edition 7

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seventh Fair [ No Hassle 30 Day Returns ] [ Edition: seventh ] Publisher: South-Western College Pub Pub Date: 7/23/1998 Binding: Hardcover Pages: 736.

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Overview

Skousen introduces students to basic accounting concepts, excites them by using lots of real world examples (both U.S. and international), provides them with some basic accounting knowledge, and then shows them how accounting is used and analyzed in actual case situations. This book does not take an encyclopedic approach to every possible nuance of financial statement preparation or alternative way to perform accounting functions since students who desire that level of detail will find it in more advanced classes.

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Editorial Reviews

Booknews
New edition of a textbook that blends procedure and concepts in order to connect financial accounting principles to the real-life business world. With a focus on global economy and ethics, Albrecht, James D. Stice, Earl K. Stice, and K. Fred Skousen (all of Brigham Young U.) present 13 chapters that discuss financial reporting and the accounting cycle, operating activities, investing and financing activities, and other dimensions of financial reporting. Each chapter contains learning objectives, real-life scenarios, business environment essays, key terms, summaries, cumulative spreadsheet projects, and comprehensive problems. The included CD-ROM provides insights on how to use the principles set forth in the text. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780538876254
  • Publisher: Cengage Learning
  • Publication date: 7/28/1998
  • Series: Swc-Accounting Series
  • Edition description: Older Edition
  • Edition number: 7
  • Pages: 652

Meet the Author

K. Fred Skousen is Advanced Vice President at Brigham Young University. Previously, he was the Dean of the Marriott School of Management and Director of the School of Accountancy at BYU. He earned a bachelor's degree from BYU and master's and Ph.D. degrees from the University of Illinois. Dr. Skousen taught at the University of Illinois and the University of Minnesota prior to joining the faculty at Brigham Young University. In 1983 Dr. Skousen was awarded the Peat Marwick Professorship at BYU. In 1984 Dr. Skousen was elected to the AICPA Council, and in 1985 he received the UACPA Outstanding Faculty Award.

W. Steve Albrecht is the Andersen Alumni Professor of Accountancy in the Marriott School of Management at Brigham Young University. He received a bachelor's degree in accounting from BYU and MBA and PhD degrees from the University of Wisconsin. He is a Certified Public Accountant, Certified Internal Auditor, and Certified Fraud Examiner.

James D. Stice is the Distinguished Teaching Professor in the Marriott School of Management at Brigham Young University. He is currently Associate Dean of the Marriott School. Dr. Stice served for eight years as the director of BYU's MBA Program. He holds bachelor's and master's degrees in accounting from BYU and a PhD in accounting from the University of Washington.

Earl K. Stice is the PricewaterhouseCoopers Professor of Accounting in the School of Accountancy at Brigham Young University, where he has been on the faculty since 1998. He holds bachelor's and master's degrees from Brigham Young University and a PhD from Cornell University.

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Table of Contents

PART 1 FINANCIAL REPORTING AND THE ACCOUNTING CYCLE. Chapter 1. Accounting Information: Users and Uses. Chapter 2. Financial Statements: An Overview. Chapter 3. The Mechanics of Accounting. Chapter 4. Completing the Accounting Cycle. Chapter 5. The Integrity of Financial Information. PART 2: OPERATING ACTIVITIES. Chapter 6. The Operating Cycle. Chapter 7. Inventory. Chapter 8. Revenues. PART 3: INVESTING AND FINANCING ACTIVITIES. Chapter 9. Property, Plant, and Equipment. Chapter 10. Long-Term Debt Financing. Chapter 11. Equity. Chapter 12. Investments in Debt and Equity Securities. PART 4: OTHER DIMENSIONS OF FINANCIAL REPORTING. Chapter 13. Statement of Cash Flows. Appendix A: Microsoft 1997 Annual Report. Appendix B: Glossary. Appendix C: Check Figures. Indexes - Subject - Company - Internet.

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