Financial Accounting for Future Business Leaders » (1st Edition)

Dr. Carl S. Warren is Professor Emeritus of Accounting at the University of Georgia, Athens. Dr. Warren has taught classes at the University of Georgia, University of Iowa, Michigan State University, and University of Chicago. He focused his teaching efforts on principles of accounting and auditing. Dr. Warren received his PhD from Michigan State University and his BBA and MA from the University of Iowa. During his career, Dr. Warren published numerous articles in professional journals, including THE ACCOUNTING REVIEW, JOURNAL OF ACCOUNTING RESEARCH, JOURNAL OF ACCOUNTANCY, THE CPA JOURNAL, and AUDITING: A JOURNAL OF PRACTICE AND THEORY. Dr. Warren has served on numerous committees of the American Accounting Association, the American Institute of Certified Public Accountants, and the Institute of Internal Auditors. He also has consulted with numerous companies and public accounting firms. His outside interests include playing handball, golfing, skiing, backpacking, and fly-fishing.

Dr. James M. Reeve is the William and Sara Clark Professor of Accounting and Business at the University of Tennessee. Professor Reeve has been on the accounting faculty since 1980, after graduating with the Ph.D. from Oklahoma State University. His teaching effort has focused on undergraduate accounting principles, and graduate education in the Master of Accountancy and Senior Executive MBA programs. Beyond this, Jim is also very active in the Supply Chain Certification program, which is a major executive education and research effort of the College. His research interests are varied and include work in managerial accounting, supply chain management, lean manufacturing, and information management.He has published over 40 articles in academic and professional journals, including the Journal of Cost Management, Journal of Management Accounting Research, Accounting Review, Management Accounting Quarterly, Supply Chain Management Review, and Accounting Horizons. In addition to his research, Jim is also a co-author on six textbooks including Thomson's market leading introductory textbook, Accounting. He has consulted or provided training around the world for a wide variety of organizations including, Boeing, Procter and Gamble, Norfolk Southern, Hershey Foods, Coca-Cola, and Sony. When not writing books, Jim plays golf and is involved in faith-based activities. SDG.

Designed to be used in a one-term financial accounting course for undergraduate students at four-year colleges and universities, this text presents accounting concepts, principles, and reporting with an emphasis on cash basis accounting, within the framework of the statement of cash flows. Real-world applications are emphasized through chapter-opening stories of real companies, boxes on business scenarios, and an annual report from a well-known company. Annotation (c)2003 Book News, Inc., Portland, OR

1. The Role of Accounting in Business 2. The Cash Basis of Accounting 3. The Accrual Basis of Accounting 4. Accounting Information Systems 5. Merchandising and Manufacturing Accounting 6. Cash 7. Receivables 8. Inventories 9. Fixed Assets and Intangible Assets 10. Liabilities 11. Stockholders' Equity: Capital Stock and Dividends 12. Special Income and Investment Reporting Issues 13. Statement of Cash Flows 14. Financial Statement Analysis Appendices A: Interest Tables B: Code of Professional Ethics for Accountants C: How To Conduct Financial Research D: Annual Report