Financial Accounting: An Integrated Statements Approach - Hardcover

Duchac, Jonathan; Reeve, James M.; Warren, Carl S.

Hardcover

ISBN 10: 0324312113 ISBN 13: 9780324312119

Publisher: South-Western College Pub, 2006

Synopsis

Duchac, Reeve, Warren provides an effective new approach to help accounting majors and business students learn and understand financial accounting. The text introduces an integrated financial statements framework that clearly illustrates the inter-relationships between the cash flow statement, income statement and the balance sheet. This integrated framework focuses on providing students with a sound understanding of how the financial statements work together to provide a picture of a company's financial performance, while at the same time teaching students the impact of transactions on the financial statements. This methodology offers a blend of concepts and procedures, which helps students get to the "ah-ha" moment in accounting education sooner by focusing on how the financial statements come together BEFORE introducing debits and credits.

About this title

About the Author:

Dr. Jonathan Duchac is the Merrill Lynch and Co. Professor of Accounting and is Director of the Program in Enterprise Risk Management at Wake Forest University. He earned his PhD in accounting from the University of Georgia and currently teaches introductory and advanced courses in financial accounting. Dr. Duchac has received a number of awards during his career, including the Wake Forest University Outstanding Graduate Professor Award, the T.B. Rose award for Instructional Innovation, and the University of Georgia Outstanding Teaching Assistant Award. In addition to his teaching responsibilities, Dr. Duchac has served as Accounting Advisor to Merrill Lynch Equity Research, where he worked with research analysts in reviewing and evaluating the financial reporting practices of public companies. He has testified before the U.S. House of Representatives, the Financial Accounting Standards Board, and the Securities and Exchange Commission and has worked with a number of major public companies on financial reporting and accounting policy issues. In addition to his professional interests, Dr. Duchac is Treasurer of The Special Children's School of Winston-Salem, a private, nonprofit developmental day school serving children with special needs. Dr. Duchac is an avid long-distance runner, mountain biker, and snow skier. His recent events include the Grandfather Mountain Marathon, the Black Mountain Marathon, the Shut-In Ridge Trail run, and NO MAAM (Nocturnal Overnight Mountain Bike Assault on Mount Mitchell).

Review:

1. The Role of Accounting in Business. 2. Basic Accounting Concepts. 3. Accrual Accounting Concepts. 4. Accounting Information Systems. 5. Accounting for Merchandise Operations. 6. Inventories. 7. Internal Control, Sarbanes-Oxley, and Cash. 8. Receivables. 9. Fixed Assets and Intangible Assets. 10. Liabilities. 11. Stockholders' Equity: Capital Stock and Dividends. 12. Special Income and Investment Reporting Issues. 13. Statement of Cash Flows. 14. Financial Statement Analysis. APPENDICES. A: Interest Tables. B: Code of Professional Ethics for Accountants - Web. C: Annual Report--Pixar.

About this edition

• Publisher: South-Western College Pub
• Publication date: 2006
• ISBN 10: 0324312113
• ISBN 13: 9780324312119
• Binding: Hardcover
• Edition number: 2
• Number of pages: 768