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Financial Accounting: Tools for Business Decision Making / Edition 7

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Overview

This successful book continues to provide accountants with an understanding of the fundamental concepts necessary to use accounting effectively. The 7th edition offers new discussions on IFRS, including new codification numbers, examples of IFRS financial statements, and additional exercises. A look at more recent frauds such as the Bernie Madoff scandal have been added. Enhanced discussions of ethics and international accounting are presented. The coverage of non-cash items and their impact on decision making has been expanded. In addition, comprehensive case studies and problems help accountants tie the material together.
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Product Details

  • ISBN-13: 9781118162286
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 10/9/2012
  • Edition description: New Edition
  • Edition number: 7
  • Pages: 880
  • Sales rank: 80,079
  • Product dimensions: 8.60 (w) x 11.00 (h) x 1.30 (d)

Meet 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.
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Read an Excerpt

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Table of Contents

Ch. 1 Introduction to financial statements 2
Ch. 2 A further look at financial statements 46
Ch. 3 The accounting information system 98
Ch. 4 Accrual accounting concepts 156
Ch. 5 Merchandising operations and the multiple-step income statement 216
Ch. 6 Reporting and analyzing inventory 266
Ch. 7 Internal control and cash 314
Ch. 8 Reporting and analyzing receivables 370
Ch. 9 Reporting and analyzing long-lived assets 418
Ch. 10 Reporting and analyzing liabilities 472
Ch. 11 Reporting and analyzing stockholder's equity 532
Ch. 12 Statement of cash flows 564
Ch. 13 Financial analysis : the big picture 644
App. A Specimen financial statements : tootsie roll industries, Inc
App. B Specimen financial statements : hershey foods corporation
App. C Time value of money
App. D Reporting and analyzing investments
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Customer Reviews

Average Rating 3.5
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Sort by: Showing all of 15 Customer Reviews
  • Anonymous

    Posted February 2, 2010

    don't buy new buy used

    I bought this book with the understanding that new books have access codes to Wiley plus. When I received it there was no code and the customer service said it does not state that it comes with one so save your money and don;t purchase this one.

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  • Anonymous

    Posted February 10, 2003

    A Must Have book for Finance Professionals

    This book is one of the most complete books ever read by me on Financial Accounting. The best part about this book is the excellent Visual Explanation of the concepts. The Financial terms have a neat visual alongside to make it easier to understand and recollect. I would like to point out an example - A sole proprietorship has a graphic of Superman, a partnership of Batman and Robin !!! This book also uses the approach of a chedcklist. This means a checklist or a requirement has a solution which are the financial statements. The book has excellent problems and assignments. This book is a must have for any finance professional or for that matter anybody who is interested in learning more about accounting/finance. This book is especially useful for B-school students and faculty

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