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Introduction to Financial Accounting [Paperback]

Charles T. Horngren , Gary L. Sundem , John A. Elliott , Donna Philbrick
4.0 out of 5 stars  See all reviews (4 customer reviews)

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Book Description

1 Jan 2005

For Introductory Financial Accounting courses at the MBA level, and for rigorous undergraduate courses. 

 

Introductory Financial Accounting, 9e provides a unique and perfect blend of robust financial statement analysis with early statement of cash flows coverage.

 

 

 

Marlene A. Plumlee, Ph.D, CPA, Associate Professor of Accounting at the University of Utah, authored Pearson’s International Financial Reporting Standards supplement ISBN 013612304X for our Introduction to Financial Accounting 9th edition by Horngren. 

 

This IFRS Supplement discusses the general context of US Generally Accepted Accounting Principles (US GAAP) and International Financial Reporting Standards (IFRS) and provides background information about the use of US GAAP and IFRS and ‘players’ that will ultimately affect how and when IFRS will be adopted internationally.  Included also is an overview of the conceptual frameworks that underlie the formation of US GAAP and IFRS.  A comparison of two companies is offered, one that employs US GAAP to prepare its financial report and one the employs IFRS to prepare its financial report.

 

 

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Product details

  • Paperback: 672 pages
  • Publisher: Pearson; 9 edition (1 Jan 2005)
  • Language: English
  • ISBN-10: 0131968750
  • ISBN-13: 978-0131968752
  • Product Dimensions: 21.5 x 27.5 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Bestsellers Rank: 1,012,597 in Books (See Top 100 in Books)
  • See Complete Table of Contents

More About the Author

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Product Description

From the Back Cover

Get Refreshed. . . with Horngren/Sundem/Elliot's Introduction to Financial Accounting, Eighth Edition

  • NEW Real world companies including Nantucket Nectars, McDonald's, Cisco, Teva Sandals, and more are highlighted in chapter openers, chapter discussions, and many of these also appear in the On Location! Video package
  • NEW Free Software (available to download from the text web site) includes free tutorial and general ledger software!
  • NEW "Take Five" Study Breaks appear within the chapters and encourage students to apply concepts
  • NEW Assignment Options include new critical thinking exercises (Cognitive exercises) for each chapter
  • NEW "Business First" Boxes provide insights into domestic and international business, as well as high-tech and e-Business industries.
  • NEW Free On-Line Courses available in your choice of platforms: WebCT, Blackboard, and Pearson CourseCompass

And, Students can get FREE tutorial software, FREE general ledger software, FREE spreadsheet templates, FREE PowerPoints/ready notes, FREE Excel tutorial, FREE on-line Tutor, and FREE on-line Study Guides at www.prenhall.com/horngren!

Mastering Accounting CD-ROM

Using video and interactive exercises, Mastering Accounting actively engages students in learning core accounting concepts. Through dramatic situations in the life of a fictional e-Business, the CD-ROM teaches your students how to apply the fundamental concepts of accounting to practical problems facing today's dynamic organizations.

Mastering Accounting can be shrink-wrapped to these texts for a nominal fee.

--This text refers to an out of print or unavailable edition of this title.

About the Author

Charles T. Horngren is the Edmund W. Littlefield Professor of Accounting, Emeritus, at Stanford University. A graduate of Marquette University, he received his MBA from Harvard University and his Ph.D. from the University of Chicago. He is also the recipient of honorary doctorates from Marquette University and DePaul University.

A Certified Public Accountant, Horngren served on the Accounting Principles Board for six years, the Financial Accounting Standards Board Advisory Council for five years, and the Council of the American Institute of Certified Public Accountants for three years. For six years, he served as a trustee of the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board and the Government Accounting Standards Board.

Horngren is a member of the Accounting Hall of Fame.

A member of the American Accounting Association, Horngren has been its President and its Director of Research. He received its first annual Outstanding Accounting Educator Award.

The California Certified Public Accountants Foundation gave Horngren its Faculty Excellence Award and its Distinguished Professor Award. He is the first person to have received both awards.

The American Institute of Certified Public Accountants presented its first Outstanding Educator Award to Horngren.

Horngren was named Accountant of the Year, Education, by the national professional accounting fraternity, Beta Alpha Psi.

Professor Horngren is also a member of the Institute of Management Accountants, where he received its Distinguished Service Award. He was a member of the Institute's Board of Regents, which administers the Certified Management Accountant examinations.

Horngren is the author of these books published by Prentice-Hall: Cost Accounting: A Managerial Emphasis, Tenth Edition, 2000 (with George Foster and Srikant Datar); Introduction to Management Accounting, Twelfth Edition, 2002 (with Gary L. Sundem and William O. Stratton); Introduction to Financial Accounting, Eighth Edition, 2002 (with Gary L. Sundem and John A. Elliott; Accounting, Fifth Edition, 2002 (with Walter T. Harrison, Jr. and Linda Bamber); and Financial Accounting, Fourth Edition, 2001 (with Walter J. Harrison, Jr.).

Horngren is the Consulting Editor for the Charles T. Horngren Series in Accounting.

Gary L. Sundem is the Julius A. Roller Professor of Accounting and Co-Chair of the Department of Accounting at the University of Washington, Seattle. He received his B.A. degree from Carleton College and his MBA and Ph.D. degrees from Stanford University.

Professor Sundem was the 1992-93 President of the American Accounting Association. He was Executive Director of the Accounting Education Change Commission, 1989-91, and served as Editor of The Accounting Review, 1982-86.

A member of the National Association of Accountants, Sundem is past president of the Seattle chapter. He has served on NAA's national Board of Directors, the Committee on Academic Relations, and the Research Committee.

Professor Sundem has numerous publications in accounting and finance journals including Issues in Accounting Education, The Accounting Review, Journal of Accounting Research, and The Journal of Finance. He was selected as the Outstanding Accounting Educator by the American Accounting Association in 1998 and by the Washington Society of CPAs in 1987. He has made more than 150 presentations at universities in the United States and abroad.

John A. Elliott is Associate Dean and Professor of Accounting at the Johnson Graduate School of Management at Cornell University. He received his B.S. and MBA degrees from the University of Maryland and his Ph.D. degree from Cornell University.

A certified public accountant, Elliott worked for Arthur Andersen & Co. and for Westinghouse before returning for his advanced degrees. He currently teaches financial accounting and international accounting at the Johnson School. Prior teaching experience has included auditing and taxation as well as intermediate accounting and financial statement analysis. With over 25 years as an educator, Professor Elliott has taught at the University of Maryland, St. Lawrence University, Central Washington State College, and the University of Chicago. In addition to executive teaching for Cornell, he has conducted various corporate training programs in the United States and internationally.

As a member of the American Accounting Association, he was the founding president of the Financial Accounting and Reporting Section. As a member of the Financial Accounting Standards Committee he frequently responded to FASB exposure drafts and worked to integrate academic study with practice. His research has been published in accounting and economics journals and deals primarily with the use of accounting information to assess the financial condition of an enterprise.

Professor Elliott served on the Hangar Theatre Board of Trustees for nine years, and was president for four of those years. He also served on the Board of the Cayuga Medical Center at Ithaca for nine years and was president for the final three years.

--This text refers to an out of print or unavailable edition of this title.

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Customer Reviews

4.0 out of 5 stars
4.0 out of 5 stars
Most Helpful Customer Reviews
1 of 1 people found the following review helpful
By A Customer
Format:Paperback
A good book for degree students studying financial accounting at a fairly basic level, this book provides a sound basis for further study into the subject. The layout is inviting and user friendly with a well written dialogue throughout stating clearly the facts and concepts behind financial accounting. This book follows on nicely from the financial aspects of Accounting: An Introduction by McLaney and Attrill explaining further the practices involved and is a good companion for a second year module to an Accounting/Business orientated degree program. Overall a good textbook for the serious user and well worth a look.
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2.0 out of 5 stars It does what it says on the tin however... 31 Mar 2011
By Gokhan
Format:Paperback
This is an excellent book for beginners. I have gone through all the chapters and learnt a great deal of FA (not to mention how great our Prof. was too). And the book has great source of problems but the downside is that students have no access to all answers which I find rediculous in deed. Since a purchaser of this book would like to review the chapters and might want to solve couple of problems to test but since there is no solution manual that is not possible and it is just too sad!
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5.0 out of 5 stars Just a great book 11 Oct 2010
Format:Hardcover
This is probably one of the best books on financial accounting. It clearly explains, step by step the WHY of financial transactions and, hence, increases your understanding about this material. Each chapter ends with a lot of exercises.
Buy it together with its student solutions manual (if you can find it) because all the solutions of the exercises are there. I really can recommend it to everybody who wants to understand the world of financial accounting
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5.0 out of 5 stars Straight-forward, modern and interesting 13 Nov 2009
By Leonard
Format:Paperback
We use "Introduction to Financial Accounting" in our first year Financial Accounting course. I really like the book. Visually clear and appealing, clear language, good examples, good structure. The book truly belongs to a new generation of F&A books that make an effort to demonstrate how and why F&A is interesting. It points out connections and background info. In my opinion a well-written and interesting introduction.
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 4.6 out of 5 stars  16 reviews
35 of 36 people found the following review helpful
5.0 out of 5 stars An excellent text to ease you into accounting 8 Nov 1998
By Chris in Houston - Published on Amazon.com
Format:Hardcover
Accounting is the type of subject that can ramp up quickly in difficulty, and this text plots a nearly perfect learning curve in getting the reader well-grounded in the fundamentals. I purchased this text as a requirement for a course, but it is a definite keeper and I would recommend it without hesitation to anyone interested in learning about accounting.
21 of 22 people found the following review helpful
4.0 out of 5 stars Very good resource 6 Oct 2005
By Barry Kearney - Published on Amazon.com
Format:Hardcover
I'm CEO of a medium size business and wanted a resource to teach me accounting. This is a great book, with plenty of assignments which fully reinforce the lessons. The only disappointment is that there are no solutions and the publisher only gives them to you if you are a registered teacher.
16 of 16 people found the following review helpful
5.0 out of 5 stars Financial accounting 31 Aug 1998
By A Customer - Published on Amazon.com
Format:Hardcover
As a first year accounting student this text provided to be very useful in all aspects of my course. Although textbooks are required so this review won't move anyone to buy it, students can be assured this text is not a wasted purchase.
18 of 19 people found the following review helpful
5.0 out of 5 stars Used it in place of my assigned financial accounting book... 16 Aug 2001
By A Customer - Published on Amazon.com
Format:Hardcover
NYU's Stern School Of Business uses this book and its a well-crafted introduction to financial accounting. While taking accounting at the other New York business school, I deep sixed my assigned accounting book and instead borrowed my wife's. It coverage of topics and pedagogical flow are quite approachable and manageable. Struggling friends begain to purchase it for themselves. An excellent book. An interesting book as well. Case examples and references keep things interesting. Not just dry rules.
6 of 7 people found the following review helpful
5.0 out of 5 stars Great book for Engineers 9 July 2009
By Sudipto Mukherjee - Published on Amazon.com
Format:Hardcover
This book was part of our text for the MBA program. Being an Engineer having no background in Accounting, this easy to understand book has been very helpful. The chapters build upon one another. One topic naturally leads to the other. The practice problems at the end of the chapter are very good for cementing the learning. The book is scattered with lots of real life examples and problems representing real companies. Buy this book with the solutions manual.
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