Financial Accounting
4th Edition
Published on 16. February 2016
Book
Paperback/Softback
752 pages
978-1-259-25111-5 (ISBN)
Description
Don't you love those moments in your course when students are fully engaged? When the "Aha!"revelations are bursting like fireworks? David Spiceland, Wayne Thomas, and Don Herrmann have developed a unique set of materials based directly on their collective years 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 with real-world companies and decision analysis, and communicating it all in a student-friendly conversational writing style. After the proven success of the first three editions of Financial Accounting, we are confident that the fourth edition will not only motivate,engage, and challenge students-it will illuminate the financial accounting course like never before.
More details
Persons
David Spiceland is Accounting Professor Emeritus at the University of Memphis. He received his BS degree in finance from the University of Tennessee, his MBA from Southern Illinois University, and his PhD in accounting from the University of Arkansas. Professor Spicelands primary research interests are in earnings management and educational research. He has published articles in a variety of journals including The Accounting Review, Accounting and Business Research, Journal of Financial Research, Advances in Quantitative Analysis of Finance and Accounting, and most accounting education journals: Issues in Accounting Education, Journal of Accounting Education, Advances in Accounting Education, The Accounting Educators Journal, Accounting Education, The Journal of Asynchronous Learning Networks, and Journal of Business Education. David has received university and college awards and recognition for his teaching, research, and technological innovations in the classroom. David is a co-author on McGraw-Hills best-selling Intermediate Accounting text, with Mark Nelson and Wayne Thomas. David enjoys playing basketball, is a former all-state linebacker, and is an avid fisherman. Cooking is a passion for David, who served as sous chef for Paula Deen at a Mid-South Fair cooking demonstration.
Wayne Thomas is the W. K. Newton Chair in Accounting at the University of Oklahoma, where he teaches introductory financial accounting and intermediate accounting. He received his bachelors degree in accounting from Southwestern Oklahoma State University, and his masters and PhD in accounting from Oklahoma State University. Professor Thomas has won teaching awards at the university, college, and departmental levels, and has received the Outstanding Educator Award from the Oklahoma Society of CPAs. Wayne is also a co-author on McGraw-Hills best-selling Financial Accounting, with David Spiceland and Don Herrmann. His primary research interests are in markets-based accounting research, financial disclosures, financial statement analysis, and international accounting issues. He previously served as an editor of The Accounting Review and has published articles in a variety of journals including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, and Contemporary Accounting Research. He has won several research awards, including the American Accounting Associations Competitive Manuscript Award. Professor Thomas enjoys various activities such as tennis, basketball, golf, and crossword puzzles, and most of all, he enjoys spending time with his wife and kids.
Don Herrmann passed away on May 8, 2018, after a 14-month battle with brain cancer. He was the Deloitte Professor of Accounting at Oklahoma State University, where he had been on the faculty since 2005. Don won several teaching awards and enjoyed teaching financial accounting, intermediate accounting, and doctoral students. He received his bachelors degree in business from John Brown University, his masters degree in accounting from Kansas State University, and his PhD in accounting from Oklahoma State University. He was active in the AAA and served as president of the International Accounting Section. Don was best known for his warm and welcoming personality. He enjoyed serving in his local community and church, as well as hosting families and students in his home. His outgoing nature wasnt the type that filled a room with his presence, but it was the type that filled a one-on-one conversation with purpose. Above all else, family was first to Don. Some of his favorite family activities included camping, going to amusement parks, and coaching little league sports. He is survived by his wonderful wife Mary and four amazing children Rachel, David, Nathan, and Micah. As he battled through the different stages of cancer, he often reflected on his family. He was so proud of them and talked about them with a humble thankfulness. Those who knew Don were fortunate to share their lives with him. He lived with a sense of purpose and a solid foundation. That foundation continues through his family and the people hes touched. He will be missed by many.
Wayne Thomas is the W. K. Newton Chair in Accounting at the University of Oklahoma, where he teaches introductory financial accounting and intermediate accounting. He received his bachelors degree in accounting from Southwestern Oklahoma State University, and his masters and PhD in accounting from Oklahoma State University. Professor Thomas has won teaching awards at the university, college, and departmental levels, and has received the Outstanding Educator Award from the Oklahoma Society of CPAs. Wayne is also a co-author on McGraw-Hills best-selling Financial Accounting, with David Spiceland and Don Herrmann. His primary research interests are in markets-based accounting research, financial disclosures, financial statement analysis, and international accounting issues. He previously served as an editor of The Accounting Review and has published articles in a variety of journals including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, and Contemporary Accounting Research. He has won several research awards, including the American Accounting Associations Competitive Manuscript Award. Professor Thomas enjoys various activities such as tennis, basketball, golf, and crossword puzzles, and most of all, he enjoys spending time with his wife and kids.
Don Herrmann passed away on May 8, 2018, after a 14-month battle with brain cancer. He was the Deloitte Professor of Accounting at Oklahoma State University, where he had been on the faculty since 2005. Don won several teaching awards and enjoyed teaching financial accounting, intermediate accounting, and doctoral students. He received his bachelors degree in business from John Brown University, his masters degree in accounting from Kansas State University, and his PhD in accounting from Oklahoma State University. He was active in the AAA and served as president of the International Accounting Section. Don was best known for his warm and welcoming personality. He enjoyed serving in his local community and church, as well as hosting families and students in his home. His outgoing nature wasnt the type that filled a room with his presence, but it was the type that filled a one-on-one conversation with purpose. Above all else, family was first to Don. Some of his favorite family activities included camping, going to amusement parks, and coaching little league sports. He is survived by his wonderful wife Mary and four amazing children Rachel, David, Nathan, and Micah. As he battled through the different stages of cancer, he often reflected on his family. He was so proud of them and talked about them with a humble thankfulness. Those who knew Don were fortunate to share their lives with him. He lived with a sense of purpose and a solid foundation. That foundation continues through his family and the people hes touched. He will be missed by many.
Content
Spiceland, Financial Accounting, 3rd Edition Chapter 1: A Framework for Financial AccountingChapter 2: The Accounting Cycle: During the Period Chapter 3: The Accounting Cycle: End of the Period Chapter 4: Cash and Internal Controls Chapter 5: Receivables and Sales Chapter 6: Inventory and Cost of Goods Sold Chapter 7: Long-Term AssetsChapter 8: Current Liabilities Chapter 9: Long-Term LiabilitiesChapter 10: Stockholders' Equity Chapter 11: Statement of Cash Flows Chapter 12: Financial Statement Analysis Appendix A: American Eagle Outfitters, Inc., 2012 Annual Report Appendix B: The Buckle, Inc., 2012 Annual Report Appendix C: Time Value of Money Appendix D: Investments Appendix E: International Financial Reporting Standards Credits Index Future Value and Present Value Tables Summary of Ratios Used in This BookFramework for Financial AccountingRepresentative Chart of Accounts