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Financial Accounting : Information for Decisions - With CD - ISBN10: 0324183976; ISBN13: 9780324183979

ISBN10: 0324183976
ISBN13: 9780324183979
Edition/Copyright: 5TH 04

Publisher: South-Western Publishing Co.
Cover: Hardback
Year Published: 2004
Weight: 3.5lbs.
Used Condition: Good/Excellent Bookmark and Share

Financial Accounting : Information for Decisions - With CD

by Robert W. Ingram, Thomas L. Albright and Bruce A. Baldwin

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Ingram, Robert W. : University of Alabama

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.


Albright, Thomas L. : University of 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 six 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.


Baldwin, Bruce A. : Arizona State University West

Bruce A. Baldwin is Professor of Accounting in the School of Management at Arizona State University West. He has held previous faculty appointments at Arizona State University Main, Portland State University, and Linfield College (Oregon). In addition, he has held visiting appointments at the University of Texas-Austin and the University of Alabama. His primary teaching interests involve financial accounting and reporting issues in courses at both the undergraduate and graduate levels. He is known as a challenging and effective teacher and has won several teaching awards.Professor Baldwin is well-known for his interest in accounting education issues and has special expertise in testing and measurement. He has served as a consultant to a number of national testing organizations and chaired two AICPA task forces that developed employee assessment materials. Currently he is a member of the Certification Advisory Committee of the Arizona State Board of Accountancy. Dr. Baldwin's research articles on accounting policy standards and accounting education have appeared frequently in journals such as the Accounting Review, Journal of Accounting Education, Advances in Accounting, and Issues in Accounting Education. He has served as the associate editor of both the Journal of Accounting Education and of Accounting Education: An International Journal.Professor Baldwin is married and has two children and four grandchildren. He and his wife Connie live busy and sometimes hectic lives in Phoenix, Arizona. At every possible opportunity they escape to the serenity of the beach at Puerto Penasco, Mexico.

This text is written for a one semester course in introductory accounting, generally titled "Financial Accounting," and is written for students who have no prior knowledge of accounting and accounting systems. This text is appropriate for the course where heavy emphasis is on concepts, not procedural detail.

Benefits:

  • NEW! Alternate End-of-Chapter Material on CD: In order to provide you and your students with more end-of-chapter assignments, this edition will have a complete set of alternate exercises and problems on CD- bundled with the text for free or salable separately.
  • Analysis of Real Companies: The authors have consistently and carefully chosen real companies and highlighted this financial information in order to provide students with compelling examples and illustrations of financial accounting topics. Featured companies include General Mills, Starbucks, Krispy Kreme, and Wal-Mart.
  • Continuing Excel Problem: Recognizing the ever-increasing importance of this electronic spreadsheet tool, the authors guide student learning of Excel by providing a problem in every chapter that ties to a continuing case, which runs throughout the text. Additional guidance in using Excel is printed within Ch. F8 and F9.
  • NEW! Continuing Chapter-Opening "Story:" Each chapter starts with a new installment of a financial accounting case, which continues throughout the text and illustrates the chapter coverage. Each chapter story begins with a question that provides a framework for applying key financial accounting concepts. This story-telling method helps enhance student understanding of the importance of accounting in the business environment.
  • NEW! "Thinking Beyond the Question" Feature: In support of the continuing story throughout the text, the authors added a new End-of-Chapter assignment entitled "Thinking Beyond the Question." These questions encourage students to think about the opening story and its focus question in order to test their understanding of the chapter concepts.
  • NEW! Optional Coverage of Computerized Accounting Systems: This extensively revised coverage, now Chapter F7, examines accounting systems, including the flow of data and processing in computerized systems. A goal of this chapter is to help students see accounting as a dynamic, technological process. Also included in this chapter is an optional tutorial involving a simple accounting database system to illustrate how basic accounting functions are automated and how computers facilitate the accounting process. The related database file is on the same CD that contains the alternate end-of-chapter assignments as well as on the text's Web site (http://ingram.swcollege.com).
  • NEW! Extensively Revised First Half: The accounting cycle coverage has been reorganized, simplified, and consolidated into Ch. F3. Coverage of the broader context of financial reporting, including the importance of disclosure, accounting regulation, auditing, and internal control, appears in an all-new Chapter F6. Expanded Ethics Coverage. Chapter F1 contains a new section specifically addressing the timely topic of ethics. In addition, several Case in Point boxes in the text bring to life the real issues of ethics today.
  • Early Presentation of Key Financial Statements: This early, straightforward coverage of the balance sheet, the income statement, the statement of cash flows, and the statement of stockholders' equity carefully guides student understanding of how the statments interrelate and impact each other.
  • Transaction Effects Equation: Examples of the classification of transactions are denoted by a revised transaction effects equation, which easily illustrates for students the impact of their decisions on the financial statements.

Section F1. The Accounting Information System.

F1. Accounting and Organizations.
F2. Business Activities - The Source of Accounting Information.
F3. Measuring Revenues and Expenses.
F4. Reporting Earnings and Financial Position.
F5. Reporting Cash Flows.
F6. Full and Fair Reporting.
F7. Computerized Accounting Systems.

Section F2. Analysis and Interpretation of Financial Accounting Information.

F8. The Time Value of Mone.
F9. Financing Activities.
F10. Analysis of Financing Activities.
F11. Investing Activities.
F12. Analysis of Investing Activities.
F13. Operating Activities.
F14. Analysis of Operating Activities
Appendix A. Sources of Information about Companies and Industries
Appendix B. General Mills, Inc. 2001 Annual Report.
Glossary.
Index.



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