Financial Accounting for Future Business Leaders (with Thomson One)

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9780324181456: Financial Accounting for Future Business Leaders (with Thomson One)

This text offers a blend of procedures and concepts. The initial chapters are unique in the marketplace because they focus on how transactions affect financial statements while minimizing the coverage of debits and credits. The heart of the financial chapter is organized around the balance sheet, with real company examples used in both the body of the chapters as well as the end-of-chapter materials. Cash basis accounting is used in the accounting cycle chapters before accrual accounting is presented. This is a key distinguishing feature.

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About the Author:

Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. Dr. Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. He focused his teaching efforts on principles of accounting and auditing. Dr. Warren received his PhD from Michigan State University and his BBA and MA from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including THE ACCOUNTING REVIEW, JOURNAL OF ACCOUNTING RESEARCH, JOURNAL OF ACCOUNTANCY, THE CPA JOURNAL, and AUDITING: A JOURNAL OF PRACTICE AND THEORY. Dr. Warren has served on numerous committees of the American Accounting Association, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors. He also has consulted with numerous companies and public accounting firms. His outside interests include playing handball, golfing, skiing, backpacking, and fly-fishing.

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.

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Warren, Carl; Reeve, James M.
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