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Financial Accounting : A Decision-Making Approach

Financial Accounting : A Decision-Making Approach - 2nd edition

ISBN13: 978-0471328230

Cover of Financial Accounting : A Decision-Making Approach 2ND 01 (ISBN 978-0471328230)
ISBN13: 978-0471328230
ISBN10: 0471328235
Cover type: Hardback
Edition/Copyright: 2ND 01
Publisher: John Wiley & Sons, Inc.
Published: 2001
International: No

List price: $272.00

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Financial Accounting : A Decision-Making Approach - 2ND 01 edition

ISBN13: 978-0471328230

Thomas E. King, Valdean C. Lembke and John H. Smith

ISBN13: 978-0471328230
ISBN10: 0471328235
Cover type: Hardback
Edition/Copyright: 2ND 01
Publisher: John Wiley & Sons, Inc.

Published: 2001
International: No
Summary

This fully revised edition teaches readers how to understand and use accounting information in their business decisions. Taking a user-oriented approach, the text spotlights the link between accounting information and decisions and helps readers gain an appreciation of the strengths and weaknesses of reported accounting information for making different types of business decisions.

Author Bio

King, Thomas E. :

Thomas E. King, CPA, is Professor of Accounting in the School of Business at Southern Illinois University at Edwardsville, where he served as Chairman of the Accounting Department for seven years. He received his B.S. degree in accounting from California State University, Northridge, and holds an M.B.A. and Ph.D. from the University of California, Los Angeles. Professor King has a number of years of business and consulting experience, and he has been teaching for more than 20 years. He previously was on the faculty of The University of Iowa and has taught courses for the Illinois and Iowa CPA Societies, the Iowa Department of Revenue, the Institute of Internal Auditors, and a major international CPA firm. Professor King has published numerous articles in journals such as The Accounting Review, the Journal of Accounting, Auditing, and Finance, Accounting Horizons, the Journal of Accountancy, and Financial Executive. He also coauthored Advanced financial Accounting, now in its fourth edition. Professor King recently completed his second term on the Board of Gov ernors of the St. Louis Chapter of the Institute of Internal Auditors and is active in the financial Executives Institute and the Institute of Management Accountants. In addition, he serves on the editorial boards of Advances in Accounting and Advances in Accounting Education. Professor King has taught financial and managerial accounting at all levels and has had a special interest in presenting accounting information so that it can be understood and used by non-accountants.


Lembke, Valdean C. :

Valdean C. Lembke is Professor of Accounting in the College of Business Administration at The University of Iowa. He received his B.S. degree from Iowa State University and his MBA and Ph.D. from the University of Michigan. He has internal audit and public accounting experience. He has been active in the American Accounting Association, including service as President of the Midwest Region and book review editor for Issues in Accounting Education. Professor Lembke has been a faculty member at The University of Iowa for more than 25 years, where he was named the first recipient of the Gilbert Maynard Excellence in Accounting Instruction award. He has served two terms as department head and is currently head of the professional program in accounting. Professor Lembke has authored or coauthored articles in The Accounting Review, the Journal of Accounting, Auditing, and finance, the Journal of Accountancy, and the Internal Auditor. He also coauthored an advanced financial accounting textbook with Richard Bake and Thomas King. His teaching has been in undergraduate and graduate financial accounting and governmental and not-for-profit accounting coursework, including responsibility for the introductory financial accounting course.


Smith, John H. :

John H. Smith, CPA, is Professor of Accountancy, Emeritus, at Northern Illinois University in Dekalb, Illinois. He has served as Accounting Department Chairman at Northern Illinois University and at The University of Iowa. He has held visiting professorship at the University of Hawaii and has been a staff member in the Office of the Chief Accountant of The Securities and Exchange Commission.

Table of Contents

Decision Making and Information.
Accounting in a Decision-Making Environment.
Understanding Cash Flows.
Accrual Accounting and Financial Reporting.
Understanding Income.
Understanding Financial Position.
The Accounting Process.
Cash, Receivables, and Investments.
Prepaid Expenses and Inventories.
Operating Assets and Intangibles.
Reporting Liabilities.
Reporting Ownership Interests.
The Cash Flow Statement and Decisions.
Special Income Reporting Considerations.
Using Financial Statement Information.
Financial Reporting in a Global Economy.


Appendices.

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