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About the Book :
This bestselling book has helped countless readers advance in their careers by gaining a practical set of skills and the confidence needed to use those skills effectively in making business decisions. The fifth edition begins by presenting a macro view of accounting information, taking readers through real financial statements. Readers will quickly discover how these statements communicate the financing, investing, and operating activities of a business to users of accounting information. Kimmel, Weygandt and Kieso also arm readers with a Decision Toolkit consisting of a finite set of tools necessary to make intelligent business decisions based on financial information. The integration of this toolkit and the use of financial statements for decision-making make this one of the most user-oriented books available today.
About the Author :
Paul D. Kimmel received his bachelor's degree from the University of Minnesota and his Ph.D. from the Univ. of Wisconsin. He is an Associate Professor at the Univ. of Wisconsin--Milwaukee, and has public accounting experience with Deloitte & Touche (Minneapolis). He was the recipient of the UWM School of Business Advisory Council Teaching Award and the Reggie Taite Excellence in Teaching Award, and is a 3-time winner of the Outstanding Teaching Assisting Award at the Univ. of Wisconsin. He is also a recipient of the Elijah Watts Sells Award. He is a member of the American Accounting Association and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education, and more.
Interesting Facts :
Incorporates significant updates to the printed and computerized testbanks to help reinforce the material. Discusses the latest developments on Sarbanes-Oxley and corporate governance, offering a fresh perspective of these critical topics. Updates the figures, chapter openers, and business insight boxes to make the material more relevant. Presents accounting information in the context of real financial statements.
Chapter 1: Introduction to Financial Statements.Chapter 2: A Further Look at Financial Statements.Just Fooling Around?Chapter 3: The Accounting Information System.Chapter 4: Accrual Accounting Concepts.Chapter 5: Merchandising Operations and the Multiple-Step Income Statement.Chapter 6: Reporting and Analyzing Inventory.Chapter 7: Fraud, Internal Control, And Cash.Chapter 8: Reporting and Analyzing Receivables.Chapter 9: Reporting and Analyzing Long-Lived Assets.Chapter 10: Reporting and Analyzing Liabilities.Chapter 11: Reporting and Analyzing Stockholders' Equity.Chapter 12: Statement of Cash Flows.Chapter 13: Financial Analysis: The Big Picture.APPENDIX A: Specimen Financial Statements: Tootsie Roll Industries, Inc.APPENDIX B: Specimen Financial Statements: Hershey Foods Corporation.APPENDIX C: Time Value of Money.APPENDIX D: Reporting and Analyzing Investments.
Financial Accounting: Tools For Business Decision Making, 5Th Ed
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