Financial Accounting: An Introduction to Concepts, Methods and Uses / Edition 13

by Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

Overview

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

Product Details

ISBN-13:	9780324651140
Publisher:	Cengage Learning
Publication date:	02/25/2009
Series:	Available Titles CengageNOW Series
Edition description:	13
Pages:	936
Product dimensions:	8.70(w) x 10.90(h) x 1.30(d)

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., CPA, is the V. Duane Rath Professor Emeritus of Accounting at the University of Chicago and has within recent years been Visiting Professor at the Haas School of the University of California, Berkeley; Carnegie Mellon University; Harvard Law School; Princeton University; and New York University. 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 and on the exposure of wine snobbery.

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 I: OVERVIEW OF FINANCIAL STATEMENTS. 1. Introduction to Business Activities and Overview of Financial Statements and the Reporting Process. 2. The Basics of Bookkeeping and Financial Statement Preparation. Part II: ACCOUNTING CONCEPTS AND METHODS. 3. Balance Sheet: Presenting and Analyzing Resources and Financing. 4. Income Statement: Reporting the Results of Operating Activities. 5. Statement of Cash Flows: Reporting the Effects of Operating, Investing, and Financing Activities on Cash Flows. 6. Introduction to Financial Statement Analysis. Part III: MEASURING AND REPORTING ASSETS AND EQUITIES USING GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. 7. Revenue Recognition, Receivables, and Advances from Customers. 8. Working Capital. 9. Long-Lived Tangible and Intangible Assets. 10. Notes, Bonds, and Leases. 11. Liabilities: Off-Balance-Sheet Financing, Retirement Benefits, and Income Taxes. 12. Marketable Securities and Derivatives. 13. Intercorporate Investments in Common Stock. 14. Shareholders' Equity: Capital Contributions, Distributions, and Earnings. Part IV: SYNTHESIS. 15. Statement of Cash Flows: Another Look. 16. Synthesis of Financial Reporting. Appendix: Time Value of Cash Flows. Glossary. Index.

Editorial Reviews

"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."

"I like the book's emphasis on the accounting process and the use of journal entries / T-accounts for representing transactions. It is for precisely this emphasis that we continue to prescribe this textbook."

"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."

From the Publisher