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Introductory Financial Accounting, 9e provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage. It is directed at those who will analyze real financial statements, and make business decisions based upon that analysis. Real statements are used throughout (Starbucks). Statement of Cash Flows comes earlier in this book than most. Material is focused on analysis of financial statements — ratios introduced early and often, special “Portfolio” section provides a “road map” to financial statement analysis, and special section in end-of-chapter problems focuses on analyzing financial statements (using Starbucks financial statements). Features strong coverage of statement of cash flows (Ch 5) --an essential financial statement, one of growing importance, and should be regarded as a basic statement. For financial accountants.
- Sales Rank: #299386 in Books
- Published on: 2005-01-21
- Original language: English
- Number of items: 1
- Dimensions: 11.16" h x 1.20" w x 8.70" l, 3.70 pounds
- Binding: Hardcover
- 672 pages
From the Publisher
This best-selling text offers a relevant, real-world approach to financial accounting theory, terminology, and procedures. Students learn how to comprehend a typical corporate annual report and to use accounting as a tool in understanding how economic events affect business. An exceptionally strong pedagogy and flexible structure provide instructors with great latitude in choosing various combinations of breadth and depth, theory and procedures, simplicity and complexity. Simple concepts are introduced early and revisited at more sophisticated levels as students gain sophistication and understanding, and concepts are made concrete at every step with actual, current company illustrations. An extensive selection of supplements help students move beyond the text for hands-on experience with the real world of financial accounting.
From the Back Cover
Get Refreshed. . . with Horngren/Sundem/Elliot's Introduction to Financial Accounting, Eighth Edition
Real world companies including Nantucket Nectars, McDonald's, Cisco, Teva Sandals, and more are highlighted in chapter openers, chapter discussions, and many of these also appear in the On Location! Video package
NEW Free Software (available to download from the text web site) includes free tutorial and general ledger software! NEW "Take Five" Study Breaks appear within the chapters and encourage students to apply concepts NEW Assignment Options include new critical thinking exercises (Cognitive exercises) for each chapter NEW "Business First" Boxes provide insights into domestic and international business, as well as high-tech and e-Business industries. NEW Free On-Line Courses available in your choice of platforms: WebCT, Blackboard, and Pearson CourseCompass And, Students can get FREE tutorial software, FREE general ledger software, FREE spreadsheet templates, FREE PowerPoints/ready notes, FREE Excel tutorial, FREE on-line Tutor, and FREE on-line Study Guides at www.prenhall.com/horngren!
Mastering Accounting CD-ROM
Using video and interactive exercises, Mastering Accounting actively engages students in learning core accounting concepts. Through dramatic situations in the life of a fictional e-Business, the CD-ROM teaches your students how to apply the fundamental concepts of accounting to practical problems facing today's dynamic organizations.
Mastering Accounting can be shrink-wrapped to these texts for a nominal fee.
About the Author
Charles T. Horngren is the Edmund W. Littlefield Professor of Accounting, Emeritus, at Stanford University. A graduate of Marquette University, he received his MBA from Harvard University and his Ph.D. from the University of Chicago. He is also the recipient of honorary doctorates from Marquette University and DePaul University.
A Certified Public Accountant, Horngren served on the Accounting Principles Board for six years, the Financial Accounting Standards Board Advisory Council for five years, and the Council of the American Institute of Certified Public Accountants for three years. For six years, he served as a trustee of the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Government Accounting Standards Board.
Horngren is a member of the Accounting Hall of Fame.
A member of the American Accounting Association, Horngren has been its President and its Director of Research. He received its first annual Outstanding Accounting Educator Award.
The California Certified Public Accountants Foundation gave Horngren its Faculty Excellence Award and its Distinguished Professor Award. He is the first person to have received both awards.
The American Institute of Certified Public Accountants presented its first Outstanding Educator Award to Horngren.
Horngren was named Accountant of the Year, Education, by the national professional accounting fraternity, Beta Alpha Psi.
Professor Horngren is also a member of the Institute of Management Accountants, where he received its Distinguished Service Award. He was a member of the Institute's Board of Regents, which administers the Certified Management Accountant examinations.
Horngren is the author of these books published by Prentice-Hall: Cost Accounting: A Managerial Emphasis, Tenth Edition, 2000 (with George Foster and Srikant Datar); Introduction to Management Accounting, Twelfth Edition, 2002 (with Gary L. Sundem and William O. Stratton); Introduction to Financial Accounting, Eighth Edition, 2002 (with Gary L. Sundem and John A. Elliott; Accounting, Fifth Edition, 2002 (with Walter T. Harrison, Jr. and Linda Bamber); and Financial Accounting, Fourth Edition, 2001 (with Walter J. Harrison, Jr.).
Horngren is the Consulting Editor for the Charles T. Horngren Series in Accounting.
Gary L. Sundem is the Julius A. Roller Professor of Accounting and Co-Chair of the Department of Accounting at the University of Washington, Seattle. He received his B.A. degree from Carleton College and his MBA and Ph.D. degrees from Stanford University.
Professor Sundem was the 1992-93 President of the American Accounting Association. He was Executive Director of the Accounting Education Change Commission, 1989-91, and served as Editor of The Accounting Review, 1982-86.
A member of the National Association of Accountants, Sundem is past president of the Seattle chapter. He has served on NAA's national Board of Directors, the Committee on Academic Relations, and the Research Committee.
Professor Sundem has numerous publications in accounting and finance journals including Issues in Accounting Education, The Accounting Review, Journal of Accounting Research, and The Journal of Finance. He was selected as the Outstanding Accounting Educator by the American Accounting Association in 1998 and by the Washington Society of CPAs in 1987. He has made more than 150 presentations at universities in the United States and abroad.
John A. Elliott is Associate Dean and Professor of Accounting at the Johnson Graduate School of Management at Cornell University. He received his B.S. and MBA degrees from the University of Maryland and his Ph.D. degree from Cornell University.
A certified public accountant, Elliott worked for Arthur Andersen & Co. and for Westinghouse before returning for his advanced degrees. He currently teaches financial accounting and international accounting at the Johnson School. Prior teaching experience has included auditing and taxation as well as intermediate accounting and financial statement analysis. With over 25 years as an educator, Professor Elliott has taught at the University of Maryland, St. Lawrence University, Central Washington State College, and the University of Chicago. In addition to executive teaching for Cornell, he has conducted various corporate training programs in the United States and internationally.
As a member of the American Accounting Association, he was the founding president of the Financial Accounting and Reporting Section. As a member of the Financial Accounting Standards Committee he frequently responded to FASB exposure drafts and worked to integrate academic study with practice. His research has been published in accounting and economics journals and deals primarily with the use of accounting information to assess the financial condition of an enterprise.
Professor Elliott served on the Hangar Theatre Board of Trustees for nine years, and was president for four of those years. He also served on the Board of the Cayuga Medical Center at Ithaca for nine years and was president for the final three years.
Most helpful customer reviews
0 of 2 people found the following review helpful.
Perfect condition/like new!
By Divy
This book was $193.00 everywhere and to get it brand new for over half off the asking price does my wallet good.
18 of 19 people found the following review helpful.
Used it in place of my assigned financial accounting book...
By A Customer
NYU's Stern School Of Business uses this book and its a well-crafted introduction to financial accounting. While taking accounting at the other New York business school, I deep sixed my assigned accounting book and instead borrowed my wife's. It coverage of topics and pedagogical flow are quite approachable and manageable. Struggling friends begain to purchase it for themselves. An excellent book. An interesting book as well. Case examples and references keep things interesting. Not just dry rules.
6 of 7 people found the following review helpful.
Great book for Engineers
By Sporadic Reviewer
This book was part of our text for the MBA program. Being an Engineer having no background in Accounting, this easy to understand book has been very helpful. The chapters build upon one another. One topic naturally leads to the other. The practice problems at the end of the chapter are very good for cementing the learning. The book is scattered with lots of real life examples and problems representing real companies. Buy this book with the solutions manual.
See all 19 customer reviews...
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