Corporate Financial Accounting

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9780538873567: Corporate Financial Accounting
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Like the most successful businesses, this text successfully integrates innovation with tradition. Warren/Reeve/Fesst uses the preparation of financial statements as the framework for understanding what accounting is all about.

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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:

The authors give enough [EOC] material that the professor can do some of the exercises and problems in class for the students and still have enough problems and exercises to assign to the students for homework. The exercises and problems tie in nicely with the chapter material. They emphasize the important points the students need to know.

I find the Real World Notes to be especially useful. I often discuss them in class. I think it is quite useful to give the students something that they can relate to in the real world.

I especially like the "Special Activities" section. It allows me to integrate writing skills into the accounting class. It also gives the students insight into real companies that they are familiar with and how the chapter topics relate to the real world.

The Encore section is good and interesting. It provides an example of how critical thinking is used in accounting to make real decisions.

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Carl S. Warren, James Reeve, Philip E. Fess
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