Financial Accounting / Edition 2

by J. David Spiceland, Wayne Thomas, Don Herrmann

Overview

David Spiceland, Wayne Thomas and Don Herrmann have developed a unique text based on over 50 collective years of experience in the classroom. They’ve brought together best practices like highlighting Common Mistakes, offering frequent Let’s Review exercises, integrating the course with a running Continuing Problem, demonstrating the relevance of the course to non-majors with a Career Corner, and communicating it all in a student-friendly Conversational Writing Style.

The new 2nd edition of Financial Accounting, Spiceland, Thomas, Herrmann, has been developed with feedback from over 330 reviewers and focus group participants from across the country. The following list of changes and improvements is a testament to the many hours that reviewers spent analyzing the 1st edition, helping make Financial Accounting, 2nd edition, the best book of its kind.

Product Details

ISBN-13:	9780078110825
Publisher:	McGraw-Hill Higher Education
Publication date:	09/20/2010
Edition description:	Net
Pages:	736
Product dimensions:	8.60(w) x 11.00(h) x 1.20(d)

About the Author

J. David Spiceland received his MBA at Southern Illinois University and his Ph.D. at University of

Arkansas. Dr. Spiceland has been recognized for his teaching, and is active in the AAA.

Wayne Thomas is the John T. Steed Chair in Accounting at the University of Oklahoma, where he teaches Introductory Financial Accounting to nearly 600 students per year. He received his bachelor’s degree in accounting from Southwestern Oklahoma State University, and his master’s and PhD in accounting from Oklahoma State University.

Don Herrmann is the Arthur Andersen Professor of Accounting at Oklahoma State University where he teaches financial accounting, intermediate accounting, and a doctoral-level course in financial accounting research. He received his bachelor’s degree in business from John Brown University, his master’s degree in accounting from Kansas State University, and his PhD in accounting from Oklahoma State University.

Table of Contents

1. Accounting Information and Decision Making

2. The Accounting Information System

3. The Financial Reporting Process

4. Cash and Internal Controls

5. Receivables and Sales

6. Inventory and Cost of Goods Sold

7. Long-Term Assets

8. Current Liabilities

9. Long-Term Liabilities

10. Stockholders’ Equity

11. Statement of Cash Flows

12. Financial Statement Analysis

Appendix A – Annual Report of American Eagle

Appendix B – Annual Report of The Buckle

Appendix C – Time Value of Money

Appendix D – Investments

Appendix E – International Financial Reporting Standards