Interpreting and Analyzing Financial Statements » (5th Edition)

Karen P. Schoenebeck, MBA, CPA, is a Visiting Professor of Accounting at the Stillman School of Business, Seton Hall University, South Orange, New Jersey. She received her MBA from the University of Minnesota and then worked in public accounting while located in Wisconsin, Kansas, and California. Using her practical experience, she brings the real-world relevance of accounting concepts into the classroom. For over ten years she has been developing the financial statement analysis approach presented in this book, challenging both graduate and undergraduate students. She is also president and founder of Two-Paved Roads, a consulting firm, served as Director of the MBA program at Southwestern College in Kansas, presents at national accounting conferences on a regular basis, and has served on the national board of directors for various accounting organizations for over ten years. In addition, Karen is an avid traveler, leading educational tours to Europe and Southeast Asia. She can be reached at kaliforniakaren@gmail.com.

Mark P. Holtzman, PhD, CPA is Associate Professor of Accounting at the Stillman School of Business, Seton Hall University, South Orange, New Jersey. After receiving a bachelor’s degree in business administration at Hofstra University, he began his accounting career in the New York office of Deloitte & Touche. He later earned a PhD in accounting from The University of Texas at Austin. Dr. Holtzman has published articles in Journal of Accountancy, CPA Journal, Research in Accounting Regulation, Advances in Accounting, Strategic Finance, and Accounting Historian’s Journal. He is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Financial Executives Institute. He is also President and founder of a private parochial elementary school for 100 children in Passaic, New Jersey. In his spare time, he enjoys studying Talmud and hiking with his family. He can be reached at mark.holtzman@shu.edu.

For use as a supplement in any accounting course where analyzing financial statements and understanding financial ratios is important.

This activity workbook helps students analyze real company financial statement information. Each activity concentrates on only one aspect of the analysis and uses data from well-known corporations to pique students' interest and add relevancy.

Booknews

Designed as a supplement to financial accounting textbooks, this guide provides a series of preliminary activities to prepare students before they do a comprehensive financial statement analysis. Using data from well-known corporations, each activity concentrates on a single aspect of the overall analysis. The guide includes real-world and Internet activities (but lacks a subject index). The author, a CPA, runs a consulting company that provides presentations on accounting, leadership training, and overseas travel; she also teaches at Southwestern College of Kansas. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Chapter 1: Introduction

Chapter 2: Balance Sheet

Chapter 3: Income Statement

Chapter 4: Statement of Stockholders’ Equity

Chapter 5: Statement of Cash Flows

Chapter 6: Specific Accounts

Chapter 7: The Accounting Cycle

Chapter 8: Comprehensive Review

Chapter 9: Capstone Project

APPENDIX A — FEATURED CORPORATIONS

APPENDIX B — RATIOS

GLOSSARY

INDEX