Financial Accounting and Reporting, 2012 - Softcover

Dr. L. Murphy Smith, CPA, Dr. Katherine T. Smith, And Shannon Knight Deer, CPA

Softcover

ISBN 10: 0808031333 ISBN 13: 9780808031338

Publisher: CCH Inc., 2012

Synopsis

The textbook, 2012 Financial Accounting and Reporting, by Murphy Smith, Katherine Taken Smith and Shannon Knight Deer, is especially designed to present financial accounting in a one-sequence course in 2-year or 4-year colleges. The book can also effectively be used in a graduate-level financial accounting course for MBA students, who are from non-business major backgrounds. The text presents the fundamentals of financial accounting using a unique cross-functional approach that demonstrates the relevance of accounting information to the various business functional areas (e.g., marketing, finance, and production). This approach motivates learning by both preparers and users of accounting information. Accounting majors will appreciate how accounting information contributes to the success of the firm and the decision-making of every member of the management team. Non-accounting majors will understand how accounting information contributes to their future job performance. Cross-functional applications are interwoven into the presentation of accounting fundamentals in each chapter. In addition, the book contains contemporary accounting issues related to ethics, information technology, and global commerce. The textbook features a chapter, as well as observations throughout the book, on International Financial Reporting Standards (IFRS) and how they differ from U.S. generally accepted accounting principles (GAAP). The textbook covers the key topics in financial accounting like most books in this field. The significant difference is the bookĘs cross-functional perspective that engages students by showing them how they will use financial accounting in their careers. The book is also unique in its integration of accounting ethics, global commerce, and technology. The textbook includes a CD-ROM containing ancillary materials such as a Solution Manual, Test Bank, Study Guide (including chapter summaries and sample questions and problems), Working Papers in Excel, and Power Point Slides.

About this title

About the Author:

Dr. L. Murphy Smith, CPA, is the David and Ashley Dill Distinguished Professor of Accounting at Murray State University. Dr. Smith's academic record includes numerous professional journal articles, research grants, books, and professional meeting presentations in the U.S. and abroad. His work has been cited in various news media, including Fortune, USA Today, and The Wall Street Journal. He has received numerous teaching and research awards, including the Outstanding Educator Award from the Texas Society of CPAs and Outstanding Researcher Award from the American Accounting Association Strategic and Emerging Technologies Section. He ranks in the top one percent of authors on Social Sciences Research Network (SSRN.com) by downloaded articles. During his career, he has held a number of leadership positions in academic and professional organizations e.g. President of the American Accounting Association Gender Issues and Work-Life Balance Section. Dr. Katherine T. Smith is a business professor at Murray State University. Previously, she taught at Texas A&M University, University of Mississippi, and Louisiana Tech University. She has been recognized for both outstanding teaching and outstanding research. Her research has appeared in major academic journals. Her work is widely recognized; she is in the top 5 percent of authors on Social Sciences Research Network, based on downloaded articles. She serves on six journal editorial boards. She has co-authored several books. In addition, she has made numerous presentations at professional meetings in the U.S. and abroad. In 2010 she received the Outstanding Educator Award from the Academy of Educational Leadership. Shannon Knight Deer, CPA, is the Assistant Department Head in the Accounting Department at Texas A&M University. She gained experience in public accounting prior to entering academia. She teaches financial reporting at the principles and intermediate levels and stays abreast of emerging issues through consulting work and teaching a CPA review course. Her accomplishments include departmental and university level teaching awards.

About this edition

• Publisher: CCH Inc.
• Publication date: 2012
• ISBN 10: 0808031333
• ISBN 13: 9780808031338
• Binding: Perfect Paperback
• Number of pages: 592