Financial Accounting: A Business Process Approach (2nd Edition)

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9780131473867: Financial Accounting: A Business Process Approach (2nd Edition)

Appropriate for accounting majors AND non-majors.

Students are introduced to an entrepreneur who decides to create his own business (Tom's Wear). In subsequent chapters, students read this running case example and learn financial accounting concepts through Tom's experiences as he grows and expands his business. This is the business process approach: Reimers 1) teaches students about the way a business works and 2) THEN shows how accounting fits into business processes. All of the traditional financial statements and the accounting equation are emphasized, but the focus is on how accounting relates to business processes. Excel Application Problems, financial statements, internal controls, and business risks are integrated into every chapter. Chapter 4 on accounting procedures (debits and credits) may be included or omitted based upon instructor preference.

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From the Back Cover:

STUDENTS LEARN BETTER WITH REIMERS!

THE BEST CHOICE FOR ACCOUNTING MAJORS AND NON-MAJORS

If you're an accounting major, here's some good news! Jane L. Reimers' Financial Accounting: A Business Process Approach covers all of the core topics critical to the financial accounting course. If you're a non-major, you're in luck too. Why? Because Reimers emphasizes how accounting relates to and reports on business activities. The accounting issues are presented in the context of running a business—something you are very likely to do in your future career!

WHERE WE'VE BEEN AND WHERE WE'RE GOING

You always know what's important in Reimers. How? Because each chapter sets the stage for students with a quick overview of what they just learned ("Here's Where You've Been...") and where they're headed ("Here's Where You're Going...") so that students are prepared to tackle new concepts.

STARTING YOUR OWN BUSINESS — TOM'S WEAR RUNNING CASE

Have you ever wanted to run your own business? In Chapter 1, you are introduced to Tom, an entrepreneur who decides to create a t-shirt business. In subsequent chapters, you learn financial accounting concepts through Tom's experiences as he grows and expands his business.

TOM'S WEAR WITH EXCEL

Excel is a critical business tool for all students to master. In every chapter, you see Tom's Wear monthly transactions illustrated in Excel. And, the optional in-text Understanding Excel Problems in each chapter enable you to build your own Excel skills. In addition, Reimers has a unique Getting Started w/ Excel for Tom's Wear that takes the essential concepts from the text and puts them into a handy manual for students to use in the lab or at home.

STUDY BREAKS

In-text "Study Breaks" appear frequently throughout the chapters to enable you to pause and assess your understanding of recently covered material.

FREE INTERNET TOOLS!

Don't forget the wealth of free study tools available to you on the web site at www.prenhall.com/reimers! Go to this site to take chapter quizzes (and get instant feedback on your answers!), chat with your friends, ask questions of an accounting tutor, and download tutorial software, spreadsheets, and much more!

About the Author:

Jane Reimers has taught introductory financial accounting for over 20 years, to students with a wide range of abilities and backgrounds. After earning her Ph.D. from the University of Michigan, where she first taught financial accounting, she spent four years at Duke, fourteen years at Florida State, and the past three years at Rollins College in Winter Park, Florida. Her students have been traditional and non-traditional, and they have been accounting and other business majors, economics majors, fashion design majors, sports management majors, and even IRS employees who needed an introductory course in financial accounting. She has lectured in auditoriums, taught in small- and medium sized-classrooms, and coordinated an on-line course for hundreds of students. With an undergraduate degree in education and graduate degrees in accounting and a wealth of teaching experience, she has written a book for this exact time in the history of accounting education. She hopes both students and instructors come away with the enthusiasm and respect she has for accounting.

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