Financial Accounting: Information for Decisions / Edition 4

Financial Accounting: Information for Decisions / Edition 4

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Financial Accounting: Information for Decisions / Edition 4

In this inspired new edition, the authors illustrate accounting not as a set of technical procedures to be memorized, but as a way of identifying and understanding business problems and a means for evaluating potential solutions. Now in its fourth edition, the primary goal of this text remains the same-teach readers to understand the impact of accounting information on a company's financial statements. This unique organization introduces readers to the accounting information system and then emphasizes accounting for the activities of the firm in the second half of the book. This engages readers in the type of financing, investing and operating decisions that a firm has to make. The approach is especially ideal for readers who will become users of accounting information because concepts-not procedures-are emphasized.

Product Details

ISBN-13: 9780324069549
Publisher: South-Western
Publication date: 03/28/2000
Edition description: Older Edition
Pages: 670
Product dimensions: 8.84(w) x 11.08(h) x 1.04(d)

About the Author

Robert W. Ingram is the Ross-Culverhouse Chair in the Culverhouse School of Accountancy at the University of Alabama. He teaches courses in financial accounting and has been actively involved in course curriculum development. He has served as Director of Education for the American Accounting Association, as a member of the Accounting Education Change Commission, and as editor of Issues in Accounting Education, a journal dedicated to accounting education research. Professor Ingram is a Certified Public Accountant and holds a Ph.D. from Texas Tech University. Prior to joining the faculty at the University of Alabama, he held positions at the University of South Carolina and the University of Iowa, and a visiting appointment at the University of Chicago. His research, which examines financial reporting and accounting education, has been published widely in accounting and business journals. He is the recipient of the National Alumni Association Outstanding Commitment to Teaching Award and the Burlington Northern Foundation Faculty Achievement in Research Award at the University of Alabama. He has also received the Notable Contribution to Literature Award of the Government and Nonprofit Section of the American Accounting Association and the Award for Excellence and Professional Contributions of the Alabama Association for Higher Education in Business. Professor Ingram is married and has two children. He and his family enjoy sports, travel, reading, music, and art. They live contentedly in Tuscaloosa, Alabama.

Thomas L. Albright is the J. Reese Phifer Faculty Fellow in the Culverhouse School of Accountancy at the University of Alabama. He teaches courses at the undergraduate and graduate level in financial and managerial accounting. Professor Albright has received the Professor of the Year award on seven occasions in relation to his work with the MBA and Executive MBA students. Professor Albright is a Certified Public Accountant (California) and holds a Ph.D. from the University of Tennessee. He has received the Certificate of Merit from the Institute of Management Accountants for his work in the area of quality costs. Dr. Albright is actively involved with manufacturing companies in both the United States and Mexico. His work is used to help companies determine more accurate product costs and to develop better performance measures to achieve manufacturing excellence. Professor Albright lives with his wife, Debby, and their two children, Michael and Jenny. He enjoys scuba diving, underwater photography, and sailing.

Table of Contents

SECTION F1: THE ACCOUNTING INFORMATION SYSTEM. F1. Accounting and Organizations. F2. Information in Organizations. F3. Accounting Measurement. F4. Processing Accounting Information. F5. Reporting Accounting Information. F6. Financial Reporting: The Statement of Cash Flows. SECTION F2: ANALYSIS AND INTERPRETATION OF FINANCIAL ACCOUNTING INFORMATION. F7. The Time Value of Money. F8. Financing Activities. F9. Analysis of Financing Activities. F10. Investing Activities. F11. Analysis of Investing Activities. F12. Operating Activities. F13. Analysis of Operating Activities.

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