Overview
Keeping its finger on the pulse of the profession, the new twelfth edition of this bestselling book effectively prepares readers for their accounting futures. They’ll find the latest information in the field, including Sarbanes-Oxley Act legislation as well as proven tips for passing the computerized CPA exam. Reflecting the demands for entry-level accountants, the focus of this book is on fostering critical thinking skills, reducing emphasis on memorization and encouraging more analysis and interpretation by requiring use of technology tools, spreadsheets and databases. It integrates numerous examples from real corporations throughout the chapters to clearly demonstrate how accounting principles and techniques are applied in practice.Synopsis
Keeping its finger on the pulse of the profession, the new twelfth edition of this bestselling book effectively prepares readers for their accounting futures. They’ll find the latest information in the field, including Sarbanes-Oxley Act legislation as well as proven tips for passing the computerized CPA exam. Reflecting the demands for entry-level accountants, the focus of this book is on fostering critical thinking skills, reducing emphasis on memorization and encouraging more analysis and interpretation by requiring use of technology tools, spreadsheets and databases. It integrates numerous examples from real corporations throughout the chapters to clearly demonstrate how accounting principles and techniques are applied in practice.
Booknews
The new, enhanced edition of a standard text includes substantial new content and new pedagogical features. Coverage begins with a chapter on financial accounting and accounting standards and continues through 24 chapters covering such topics as income statement and related information; balance sheet and statement of cash flows; valuation of inventories; depreciations, impairments, and depletion; intangible assets; long-term liabilities; income taxes; and pensions and postretirement benefits; among other topics. Annotation c. by Book News, Inc., Portland, Or.