Financial Accounting, with Annual Report

Book Description

Instructors, looking for a better way to manage homework? Want to save time preparing for lectures? Would you like to help students develop stronger problem-solving skills? If so, eGrade Plus has the answer you need.

eGrade Plus offers an integrated suite of teaching and learning resources, including an online version of Weygandt, Kieso, and Kimmel's Financial Accounting, Fifth Edition, in one easy-to-use website. Organized around the essential activities you perform in class, eGrade Plus helps you:

Create class presentations using a wealth of Wiley-provided resources. You may easily adapt, customize, and add to this content to meet the needs of your course.
Automate the assigning and grading of homework or quizzes by using Wiley-Provided question banks, or by writing your own. Student results will be automatically graded and recorded in your gradebook.
Track you students' progress An instructor's gradebook allows you to analyze individual and overall class results to determine each student's progress and level of understanding.
Administer your course eGrade Plus can easily be integrated with another course management system, gradebook, or other resources you are using in your class.
Provide students with problems-Solving support eGrade Plus can link homework problems to the relevant section of the online text, providing context-sensitive help.

Customer Reviews:

The "study guide" IS your guide. .......2007-07-03

I found the Study Guide to be a big help when needing to understand a little more than what the Course book tries to teach you. In the guide, there were examples of problems that are not explained in the Course book. The guide helped me to make better grades on my assignments, better grades than what I was making before I purchased it. I really understand the concept of accounting more in several areas of the business. I would recommend any study guide book, in any subject, to any one!

This book rocks!.......2007-03-23

I am taking a condensed Accounting course and was somewhat lost in the first half of the course which is why I purchased this book. Each chapter is summarized and then there are various exercises and examples to work on. The most helpful part is having the answers for each problem right there, so one is quickly able to see where mistakes were made. This book is worth the price. And, if you're struggling with accounting, it will make a difference in your understanding of the material and your grade.

Fundamental Financial Accounting Concepts w/Annual Report

Average customer rating:

Best book on the market
Better download the PowerPoint®
A good book with the right instructor
Most Confusing Accounting Textbook On The Market Today.
Great college companion!

Fundamental Financial Accounting Concepts w/Annual Report
Thomas P Edmonds , Frances M McNair , and Philip R Olds
Manufacturer: McGraw-Hill/Irwin
ProductGroup: Book
Binding: Hardcover

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Working Papers to accompany Fundamental Financial Accounting Concepts
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Accessories:

Schaum's Easy Outline of Accounting
Schaum's Outline of Principles of Accounting I (Schaum's)

ASIN: 0073104027

Book Description

Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The "financial statements model" is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). The mechanics of accounting coverage (debits and credits) is delayed until chapter 4. Instructors have flexibility as to the amount of emphasis they want to place on this topic.

Customer Reviews:

Best book on the market.......2006-01-07

I'm a professor at a large state university. On the rare occasions when I teach this course, I always order the Edmonds book.

I believe the purpose of introductory or fundamental financial accounting is to teach students how to read and use finanacial statements. If used properly by the instructor, this is one of only two books on the market (the other is for MBA students) that can be used for this purpose.

I whole-heartedly endorse the horizontal model used by Edmonds, et. al. Most text book writers use a form of it. I even use it in my writings.

Some students want to learn debits and credits. In my opinion, this is best left to technical courses in accounting for those interested in the nuts and bolts.

However, for anyone who want to get something long-lasting from the course, this text book combined with the right professor, will be about the only option.

If this or any text book is used to teach technical aspects at the fundamental level, you won't have a good experience. Techinical aspects are best covered in Intermediate Accounting.

Better download the PowerPoint®.......2005-08-01

This text is abysmal. It is riddled with errors and omissions, gives incomplete examples, and presents information unsequentially. It relies too much and for too long on the horizontal model without practical applicatoin to journals and statements. If your college uses this text (as Medaille College and Finger Lakes Community College currently do) run away!

Fortunately, many of the gaps are filled in by the PowerPoint® presentations they make available on their support site: http://highered.mcgraw-hill.com/sites/0072472960/student_view0/ Note that these presentations are more extensive than the ones on the Topic Tackler CD that comes with the book. You must download these presentations if you want to have a chance with this book.

A good book with the right instructor.......2002-08-02

I've read the reviews stating that this is a confusing book. I disagree completely. Although the author does not immediately delve into traditional T-accounts, the introduction of the "horizontal model" serves as a good foundation for building the awareness of the accounting equation that should be second nature BEFORE tackling T-accounts. The text's preface states: "A horizontal financial statements model replaces the accounting equation as the predominant teaching platform. The model enables students to VISUALIZE THE SIMULTANEOUS EFFECTS OF A SINGLE BUSINESS EVENT on the income statement, balance sheet, and statement of cash flows." I felt as though this methodology was very effective for my learning style. Recording transactions in T-accounts came almost as second nature after mastering the horizontal model.

The "Working Papers" (a separate workbook) makes doing the assigned problems easy by providing a ready-made template for each problem. If you've had to draw your own T-accounts or your own journal in a notebook before, you will definitely appreciate this.

This text serves as a good introduction to the skills necessary to master financial accounting.

Most Confusing Accounting Textbook On The Market Today........2000-10-27

This Book begins using something called horizontial statments and then in chapter 5 switches to regular T accounts thus confusing students completely, I have yet to find a student that tells me the book is easy to understand or useful. It would be helpful if there was a solutions manual. Our school will change books next semester. It's not even good enough to make dorm furniture.

Great college companion!.......2000-10-20

This book is an excellent book to go with a Financial Accounting course. Everything is laid out in plain English, and shows you in diagrams and models exactly how each kind of transaction works. I recommend for professors everywhere to adopt this book for their clases. I'm glad mine did!

Financial Accounting: Tools for Business Decision Making, with Annual Report

Average customer rating:

No Code Included With Purchse Of "New" Text From Amazon
accounting
Good for its purpose -- learning
Great Book for Non-Finance Managers
simple and easy understanding

Financial Accounting: Tools for Business Decision Making, with Annual Report
Paul D. Kimmel , Jerry J. Weygandt , and Donald E. Kieso
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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Financial Accounting, Working Papers: Tools for Business Decision Making
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Accessories:

Financial Accounting, Working Papers: Tools for Business Decision Making, with Annual Report
Student Workbook to accompany Financial Accounting, 3rd Edition

ASIN: 0471415782

Book Description

Now in its Third Edition, Financial Accounting by Kimmel, Weygandt, and Kieso has been tested and approved in the classroom. This best-selling text has helped students hit the road with a practical set of tools, and the confidence they need to use those tools effectively in making business decisions.

Financial Accounting provides students with an understanding of those concepts that are fundamental to the use of accounting. Starting with a "macro" view of accounting information, the authors present real financial statements and establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. They motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future career.

Student Workbook: This valuable study guide, written to use side-by-side with the Financial Accounting textbook provides the guidance and assurance you need to exceeed in the course. Included a re study objectives, demonstration problems, true/false and multiple-choice questions, solutions, to exercises, chapter outlines, and blank working papers.

Customer Reviews:

No Code Included With Purchse Of "New" Text From Amazon.......2007-08-30

Potential Buyers,

If you are a student who is taking an accounting course and your instructor requires you to use the accompanying Wiley Plus website, do not expect to get a Wiley Plus, registration code with this product.

I purchased the text "new" directly from Amazon for an accounting class I am taking and I assumed that I would recieve the registration code I needed; I assumed wrong as there was no registration code included with my book.

If you do need the code for class and you do choose to buy this book from Amazon, you'll be best off buying the cheapest, used edition and going to the Wiley Plus site directly to get a standard registration code for around $60 dollars. Of Course keep in mind shipping costs may eat up any savings you'd get buying from Amazon in the first place!

The 1 star review actually reflects my dissatisfaction with the description of this product on Amazon's site, and not the quality of the text.

Happy Shopping!

accounting.......2007-07-17

the book arrived a little later than i expected; but, it's a very helpful book if you want to go for accounting. the book's website is extremely useful.

Good for its purpose -- learning.......2007-05-28

The authors have put together a text that is long on examples. It might seem redundant to some, but I think this is the right way to teach a process discipline like accounting.

Much of the book is problem sets, in fact.

Let's see, the chapters begin with study objectives. Then there are highlighted "key points." Then at the end of each lesson, there are demonstration problems, self-study questions, questions, a set of brief exercises, exercises, then problem sets A and B.

I bought the 3rd edition, although the 4th is now available. The fourth edition has different problems in the first two chapters. In many instances, only the names of the company and an occasional number are different. It would matter if you are taking this for a class where the homework is graded. If your purpose is to learn the principles that underly financial accounting, though, you are as well served by the 3rd edition.

Great Book for Non-Finance Managers.......2007-02-24

This was a textbook used in my Managerial Finance class. It was easy to understand, aside from just a few concepts not explained as clearly as I would've liked. My background is engineering, however, I learned a great deal from this book. Great job Kimmel.

simple and easy understanding.......2007-01-05

the book provides examples and graphs to help demonstrate the text.

it has a lot of details and online reviews if u want to learn more and deeper

Average customer rating:

Understanding Corporate Annual Reports
William R Pasewark
Manufacturer: McGraw-Hill/Irwin
ProductGroup: Book
Binding: Paperback

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Financial Statement Analysis

ASIN: 0073101818

Book Description

In this project the student obtains and analyzes an annual report from a publicly traded corporation. Activities include: identifying corporate operations, gaining familiarity with the financial data presentation, recognizing trends, calculating ratios, and performing industry and primary competitor comparisons. This project takes approximately 8 to 20 hours to complete (average 10 hours).

Principles of Accounting, with Annual Report

Average customer rating:

Great service
Excellent Introductory Text
Principles of Accounting, with Annual Report
Best single volume accounting text out there
Difficult to read

Principles of Accounting, with Annual Report
Paul D. Kimmel , Jerry J. Weygandt , and Donald E. Kieso
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

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Accessories:

Principles of Accounting, with Annual Report, Student Workbook, Vol. II
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ASIN: 0471401331

Book Description

This text helps students hit the road with a practical set of tools, and the confidence they need to use those tools effectively in making business decisions. The goal is to introduce a new Principles of Accounting text that better reflects a more conceptual and decision-making approach to the material.
The authors have taken a new "macro- to micro-" approach to the Principles of Accounting course by starting with a discussion of real financial statements first, rather than starting with the Accounting Cycle (although the Accounting Cycle is thoroughly covered in Chapters 3 and 4). The objective is to establish how a financial statement communicates the financing, investing, and operating activities of a business to users of accounting information. They motivate students by grounding the discussion in the real world, showing them the relevance of the topics covered to their future career.

Customer Reviews:

Great service.......2007-05-15

The book was as good as it was described and delivered on time

Excellent Introductory Text.......2006-03-09

I have never written a review on here, but I felt like I should give praise for this book, beacuse I really liked it.

I just finished my second principles of accounting class, and thus completed this text book. I found it to be an excellent learning resource. The book is well written to make the subject entertaining and accessible. There is a wealth of problems after each chapter, and many illustrations to aid in understanding. Even if you get a bad professor, you can easily learn the subject just from this text.

Principles of Accounting, with Annual Report.......2005-09-27

Book used for accounting classes...very complete and thorough. Entertaining and helpful stories and illustrations to help understand concepts.

Best single volume accounting text out there.......2005-08-15

I found this to be the best single volume accounting text to include both financial accounting and managerial accounting topics at a reasonable price.

I use this in my accounting courses. The other reviewers mentioned that the text uses jargon. It does not, though one will need to know or learn standard American business terminology. If you are not interested in American business, you should not be taking an accounting course in the first place. Many of my students are taking this course because it is required. Many of them would be better off in another major, as they have no interest in American business.

Difficult to read.......2005-08-02

This textbook is very difficult to read and comprehend. When I took Principles of Accounting the textbook was very unhelpful and left myself and others looking for alternate resources to understand the basic concepts of accounting. But for those who are in classes that must use this textbook, I recoomend finding the best ways to avoid buying this, such as sharing with two or three friends or buying used.

Fundamental Financial Accounting Concepts W/ DVD and Annual Report

Average customer rating:

Fundamental Financial Accounting Concepts W/ DVD and Annual Report
Thomas P. Edmonds , Frances M. McNair , and Philip R. Olds
Manufacturer: McGraw-Hill Higher Education/ Irwin
ProductGroup: Book
Binding: Hardcover

General | Business & Investing | Subjects | Books

Working Papers to accompany Fundamental Financial Accounting Concepts
Fundamental Financial Accounting Concepts
Interpersonal Skills in Organizations
Applied Calculus (with vMentor Applied Mathematics 2-Semester, Premium Web Site Printed Access Card)
Marketing w/ PowerWeb (Mcgraw Hill/Irwin Series in Marketing)

ASIN: 0073193186

Product Description

Book DescriptionStudents are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The "financial statements model" is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). The mechanics of accounting coverage (debits and credits) is delayed until chapter 4. Instructors have flexibility as to the amount of emphasis they want to place on this topic.

Keys to Reading an Annual Report (Barron's Business Keys)

Average customer rating:

Succinct and Informative
Great Little Book To Help You Understand Financial Reports
Keys to Reading an Annual Report
A CUT ABOVE ONE OF MY FINANCE COURSES

Keys to Reading an Annual Report (Barron's Business Keys)
G.T. Friedlob Ph.D. , and R.E. Welton Ph.D.
Manufacturer: Barron's Educational Series
ProductGroup: Book
Binding: Paperback

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Accessories:

Dictionary of Finance and Investment Terms
Keys to Investing in Common Stocks (Barron's Business Keys)

ASIN: 0764113062

Book Description

How to cut through the public relations jargon and analyze a company's financial health and future prospects as it's spelled out in an annual report. Sound advice for non-expert investors in the stock market. New topics covered and explained in this edition include annual reports on the Internet, materiality, and financial derivatives. Titles in the easy-to-understand Business Keys series are directed at consumers and non-professionals, with advice on saving, investing, protecting assets, and increasing wealth through prudent money management. The books define terms, cut through business jargon, speak in plain language, and take the mystery out of business.

Customer Reviews:

Succinct and Informative.......2003-06-11

This book is very succinct and the explanations for each accounting concepts are very easy to understand and easy to remember. The "Red Flags" after each concept are very useful in pointing out all the possible problems that may arise. While the strengths of this book is his conciseness, it does require you to have some basic accounting background. Otherwise, some of the explanations may seem confusing. Having said that, if i am reading an annual report, I would definitely want to have this book beside me. Happy reading!

Great Little Book To Help You Understand Financial Reports.......2002-03-05

"Keys To Reading An Annual Report" by George Thomas Friedlob and Ralph E. Welton is a wonderful, little book for all investors. Each of the fifty, three-or-four-page sections covers a key concept that investors should understand when reading a public company's annual report and other financial statements.

"Keys To Reading An Annual Report" is no substitute for a complete text about financial statement analysis, such as "The Analysis And Use of Financial Statements," but "Keys To Reading An Annual Report" is an excellent first read for new investors who are learning to understand financial statements. And, experienced readers of annual reports will probably find this book a useful review.

Some of the fifty key topics covered include:

--SEC Forms 10-K, 10-Q, and the 8-K
--Current Assets
--Cash and Receivables
--Cost of Goods Sold and Inventories
--Property, Plant, and Equipment
--Depreciation
--Intangibles and Other Assets
--Depletion and Amortization
--Current Liabilities
--Bonds and Amortization
--Owner's Equity
--Classes of Stock
--Treasury Stock
--Discontinued Operations
--Ratio Analysis
--Taxes and Tax Deferrals

Many of the topics "Red Flag" things to which investors should pay special attention. For example, the chapter about Depreciation Red Flags: "The basis for long-lived asset valuation is historical cost. Because depreciation does not measure actual decline in value, the net book value of a long-lived asset (historical cost - accumulated depreciation) is not a good measure of the cost of replacing the asset. Neither is net book value a good measure of what the asset would bring if sold." (i.e., depreciation expense is a way of expensing the long-lived asset. And, the balance sheet only lists the so-called "unexpired cost.")

The red flag also discusses the difficulty in comparing depreciation across different companies because of the different ways depreciation may be computed.

The section about Treasury Stock tells us: "Stock Issued by a company may later be reacquired by the company. In some cases, the company may retire or cancel this stock. When reacquired stock is not retired or canceled, it is referred to as treasury stock." (there is a nice glossary at the end of the book.).

Friedlob and Welton point out that treasury stock is not an asset. "A company cannot create an asset by holding stock in itself."

However, because the reacquired stock may have been reacquired at a different price than it was originally issued, the wealth within the company can change in such a treasury stock transaction. For example, suppose stock is issued for $20 per share, but reacquired for $2 per share (it's an internet company!), then, somehow, the company has taken in $18 per share on the transaction. How is this accounted for in the financial statements?

Friedlob and Welton explain: "Just as treasury stock is not an asset, a loss or gain cannot result from treasury stock transactions. 'Things' happen that you and I would call a 'loss' (reacquiring treasury stock for $20 per share and later reissuing it for $12) or a 'gain' (reacquiring treasury stock for $30 per share and later reissuing it for $40). But it is illegal for a company to produce a gain or loss transacting in its own stock. When total stockholder's equity is decreased by treasury stock transactions (a loss), the decrease is generally taken directly from retained earnings. No loss is taken... When total stockholder's equity is increased by treasury stock transactions (a gain), the increase is recorded as a separate source of capital called Paid-In Capital from Treasury Stock Transactions."

So, by reading a little, two-page section about treasury stock in Keys To Reading An Annual Report, you probably now know more than 99% of all investors know about treasury stock!

"...If you are new to investing, you might also want to pick up a copy of Barron's "Keys To Investing In Common Stocks," which is an excellent first read for investors.

Peter Hupalo, Author of "Becoming An Investor"

Keys to Reading an Annual Report.......2001-12-30

This small manual concisely and succinctly presents the major elements of financial statements in easy to read, line-by-line format. It is not only ideal for the average investor without an accounting background, but also for the accountant who needs to explain financial statement concepts and presentations to others. Its examples are easy to relate to and quite illustrative. I regret this wasn't available when I tried to decipher "Accounting 101".

A CUT ABOVE ONE OF MY FINANCE COURSES.......2000-07-02

Even thought this book is five years old, the information still applies to the year 2000. As a person who now works iin finance, I know that detail is extremely important. This book certainly does its job by being very detail oriented. I graduated froom a very pretigious business school in which finance is actually the best subject taught, and I have to admit I think this little guide puts many pricey finance/accounting and finance professors to shame. It's also probably a good little guide for kids as well, to give them a headstart in the world of finance.

Fundamental Financial and Managerial Accounting Concepts with Harley Davidson Annual Report

Average customer rating:

Fundamental Financial and Managerial Accounting Concepts with Harley Davidson Annual Report
Thomas P Edmonds , Cindy Edmonds , Philip R Olds , Frances M McNair , and Bor-Yi Tsay
Manufacturer: McGraw-Hill/Irwin
ProductGroup: Book
Binding: Hardcover

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ASIN: 0073222933

Book Description

Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. Fundamental Financial and Managerial Accounting Concepts gives students the big picture, by focusing on fundamental concepts in a logical sequence. The authors intentionally limit the scope of the material to help students build a solid foundation of the most important concepts. As a result, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. In the Financial portion the “horizontal financial statements model” enables students to understand how any given business event affects the financial statements. This highly praised feature allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). The mechanics of accounting coverage (debits and credits) is delayed until chapter 3 allowing instructors the flexibility in the amount of emphasis they want to place on this topic.

Accounting Principles, Financial Accounting, Chapters 1-19 & PepsiCo Annual Report

Average customer rating:

Accounting Principles, Financial Accounting, Chapters 1-19 & PepsiCo Annual Report
Jerry J. Weygandt , Donald E. Kieso , and Paul D. Kimmel
Manufacturer: Wiley
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Binding: Paperback

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Publishing the Nonprofit Annual Report: Tips, Traps, and Tricks of the Trade

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Publishing the Nonprofit Annual Report: Tips, Traps, and Tricks of the Trade
Caroline Taylor
Manufacturer: Jossey-Bass
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Publishing the Nonprofit Annual Report offers your nonprofit organization hands-on guidance to help you create an annual report that goes beyond fulfilling your financial reporting responsibilities and instead becomes a valuable communications, marketing, and image-building tool. Written by Caroline Taylor--a consultant who has more than twenty years of experience producing award-winning annual reports--this essential guide takes you through the report-writing cycle from start to finish. Step by step, she shows you how to create a plan, fit the report process into the overall schedule, assign tasks, develop the executive message, work with designers to integrate visual elements, and get the report printed on time and within budget.

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