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Financial Accounting, v. 2.0
- By: Joe Ben Hoyle and C. J. Skender
- Version: 2.0 other versions
- Pub Date: April 2012
- eISBN: 978-1-4533-4387-6
- Pages: 640
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Table of Contents:
- About the Authors
- Chapter 1: What Is Financial Accounting, and Why Is It Important?
- Chapter 2: What Should Decision Makers Know in Order to Make Good Decisions about an Organization?
- Chapter 3: How Is Financial Information Delivered to Decision Makers Such as Investors and Creditors?
- Chapter 4: How Does an Organization Accumulate and Organize the Information Necessary to Create Financial Statements?
- Chapter 5: Why Is Financial Information Adjusted Prior to the Production of Financial Statements?
- Chapter 6: Why Should Decision Makers Trust Financial Statements?
- Chapter 7: In Financial Reporting, What Information Is Conveyed about Receivables?
- Chapter 8: How Does a Company Gather Information about Its Inventory?
- Chapter 9: Why Does a Company Need a Cost Flow Assumption in Reporting Inventory?
- Chapter 10: In a Set of Financial Statements, What Information Is Conveyed about Property and Equipment?
- Chapter 11: In a Set of Financial Statements, What Information Is Conveyed about Intangible Assets?
- Chapter 12: In a Set of Financial Statements, What Information Is Conveyed about Equity Investments?
- Chapter 13: In a Set of Financial Statements, What Information Is Conveyed about Current and Contingent Liabilities?
- Chapter 14: In a Set of Financial Statements, What Information Is Conveyed about Noncurrent Liabilities Such as Bonds?
- Chapter 15: In a Set of Financial Statements, What Information Is Conveyed about Other Noncurrent Liabilities?
- Chapter 16: In a Set of Financial Statements, What Information Is Conveyed about Shareholders’ Equity?
- Chapter 17: In a Set of Financial Statements, What Information Is Conveyed by the Statement of Cash Flows?
- Appendix: Present Value Tables
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About This Textbook:
This book is suitable for an undergraduate or MBA level Financial Accounting course.
If authorship matters (and we believe it is everything) then this book is destined to be a classic. There are no two better authors than these. Joe Ben Hoyle is co-author of two current market-leading advanced accounting textbooks with McGraw-Hill. He and and co-author CJ Skender are nationally recognized as master teachers. Both have won numerous teaching awards, and both were recently recognized by BusinessWeek as top undergraduate professors.
The authors bring their collective teaching wisdom to bear in this book not by changing "the message"(financial accounting content), but by changing "the messenger" (the way the content is presented). The approach centers around utilizing the Socratic method, or simply put, asking and answering questions. The reason that this approach continues to be glorified after thousands of years is simple - it engages students and stresses understanding over memorization. So this text covers standard topics in a standard sequence, but does so through asking a carefully constructed series of questions along with their individual answers.
This approach has a number of unique pedagogical advantages:
1- It breaks topics down into smaller component pieces. Each question and its answer look at a specific piece of material. The student only has to deal with that one question and its answer at a time. Material is presented as a clearly established series of steps rather than as a long flowing monologue.
2- The format allows for a conversational style. Virtually all experts agree that individuals learn better through give and take than they do through one-directional lectures. The questions and answers make the entire book feel like a conversation.
3- Logical sequencing is a key ingredient to successful learning. Because students are being exposed to each new topic for the first time, they often have trouble making leaps of understanding that appear easy to a teacher (or a textbook author). The question and answer format provides an orderly method for creating an appropriate sequencing of material. Question 2 should be the logical follow up for Question 1, and so on. Students are led through each topic in the most understandable fashion.
4- A key to successful teaching is to puzzle the students, and then help them solve the puzzle; Why did this technique work?; Why is the calculation performed this way?; Who really cares about this?; A question and answer format leads to this type of educational presentation.
A final distinction of this text is its simplicity. In today's texts, each page is an eclectic assortment of educational aids: glossary, learning objectives, newspaper articles, etc. Students who only read one word and one sentence at a time are often confused by such a random arrangement. In this book, the presentation of question and answer is clean and uncluttered. Then, at the end of each question and answer, there are links for students who wish to explore further (for example, a link to 1-5 multiple-choice questions with clearly explained answers to immediately reinforce their reading).
Version 2.0 of Financial Accounting boasts unparalleled author attention. Joe rewrote all of the end-of-chapter material for every chapter, personally. He took much of that material from coursework he assigned in his own classes. In summary, he cleaned up the questions at the end of the chapters and added two and three times as many true-false questions, multiple-choice questions, and problems as in the first edition.
In addition, Joe completely revamped the solutions manual to make it clearer and easier to use.
Version 2.0 also contains completely updated real company data, current IFRS references and a new reference case for every applicable chapter.
Review the new edition today and imagine your students taking a heightened interest in and understanding of financial accounting.
This textbook comes with the following materials that you can use in your classroom.Solutions Manual
For exercises that need a little more explanation, our Solutions Manual will take you step by step through solving the problem and offer explanations on the answer.Other Supplements
Solutions manuals, sample exams, video learning segments, workbooks, cases and lab manuals are just some of the extras our books will offer depending on the needs of the course. Click here to see what this textbook offers.Test Item File
Need assistance in supplementing your quizzes and tests? Our test item files (in Word format) contain many true/false, multiple choice, fill in the blanks, and short essay questions.Instructor Manual
The Instructor Manual will help guide you through the main concepts of each chapter such as learning objectives, key terms and takeaways. Many also include explanations and answers to chapter exercises.Powerpoint Lecture Notes
A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a wholeTest Generator
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