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Using Financial Accounting Information: The Alternative to Debits & Credits / Edition 5

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Overview

USING FINANCIAL ACCOUNTING INFORMATION, Sixth Edition, is a non-debit/credit text known for its strong decision-making focus and its incorporation of flagship companies for increased relevance. The student-friendly presentation and innovative transaction analysis of the new edition ensures students master financial accounting concepts and the role of those concepts in business decision making. This edition includes a discussion of the current environment of financial reporting, specifically the International Financial Reporting Standards.

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Product Details

  • ISBN-13: 9780324645101
  • Publisher: Cengage Learning
  • Publication date: 2/21/2007
  • Series: Available Titles CengageNOW Series
  • Edition description: Older Edition
  • Edition number: 5
  • Pages: 768
  • Product dimensions: 8.70 (w) x 10.92 (h) x 1.17 (d)

Meet the Author

Gary A. Porter earned M.B.A. and Ph.D. degrees from the University of Colorado. Dr. Porter taught at several universities, including San Diego State and the University of Montana, and also served as department chair. He is currently Distinguished Lecturer at Drake University. Widely published and the recipient of numerous teaching awards, Dr. Porter has conducted workshops in the field, has worked as a staff accountant with Deloitte & Touche, and has actively served the Illinois CPA Society, American Accounting Association, and Financial Executives International.

Curtis L. Norton received his Ph.D. from Arizona State University and an M.B.A. from the University of South Dakota. He is currently Clinical Professor of Accounting at Arizona State University. Professor of Accounting at Northern Illinois University for more than 30 years, Dr. Norton earned the University Excellence Teaching Award and has published in The Accounting Review, The Journal of Accounting Education, CPA Journal, and other journals. A member of the American Accounting Association and Financial Executives International, he also consults and conducts training for private and governmental authorities, banks, and utilities.

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Table of Contents

1. Accounting as a Form of Communication. 2. Financial Statements and the Annual Report. 3. Processing Accounting Information. 4. Income Measurement and Accrual Accounting. 5. Inventories and Cost of Goods Sold. 6. Cash and Internal Control. 7. Investments and Receivables. 8. Operating Assets: Property, Plant, and Equipment; Natural Resources, and Intangibles. 9. Current Liabilities, Contingencies, and the Time Value of Money. 10. Long-Term Liabilities. 11. Stockholders' Equity. 12. The Statement of Cash Flows. 13. Financial Statement Analysis. Appendix A: The Accounting Profession. Appendix B: Kellogg's 2006 Annual Report. Appendix C: General Mills 2006 Annual Report. Appendix D: International Financial Reporting Standards.

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