Using Financial Accounting Information: The Alternative to Debits & Credits » (6th Edition)

Gary A. Porter earned M.B.A. and Ph.D. degrees from the University of Colorado. A recently retired professor of accounting, Dr. Porter taught at several universities, including San Diego State and the University of Montana, and also served as department chair. Widely published and the recipient of numerous teaching awards, Dr. Porter has conducted workshops in the field, has worked as a staff accountant with Deloitte & Touche, and has actively served the Illinois CPA Society, American Accounting Association, and Financial Executives International.

Curtis L. Norton received his Ph.D. from Arizona State University and an M.B.A. from the University of South Dakota. Professor of Accounting at Northern Illinois University for more than 30 years, Dr. Norton earned the University Excellence Teaching Award and has published in The Journal of Accounting Education, CPA Review, and other journals. A member of the American Accounting Association and Financial Executives International, he also consults and conducts training for private and governmental authorities, banks, utilities, and others.

USING FINANCIAL ACCOUNTING INFORMATION is a user-oriented text known for its strong decision-making focus, and the incorporation of flagship companies within a more traditional, balance sheet organization. Transactions, which as presented in a spreadsheet (accounting equation) format, are used to help students gain a better conceptual understanding of their impact on financial information.

Introduction: Getting Started in Business. 1. Accounting as a Form of Communication. 2. Financial Statements and the Annual Report. 3. Processing Accounting Information. 4. Income Measurement and Accrual Accounting. 5. Inventories and Cost of Goods Sold. 6. Cash and Internal Control. 7. Investments and Receivables. 8. Operating Assets: Property, Plant, and Equipment, Natural Resources, and Intangibles. 9. Current Liabilities, Contingencies, and the Time Value of Money. 10. Long-Term Liabilities. 11. Stockholders' Equity. 12. The Statement of Cash Flows. 13. Financial Statement Analysis. Appendix. Finish Line 2005 10-K. Footlocker 2005 Annual Report Glossary. Index.