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Financial Accounting

by James D. Stice, Earl K. Stice, K. Fred Skousen, W. Steve Albrecht (Editor), K. Fred Financial Accounting Skousen (Editor)

ISBN-10: 0324066708
ISBN-10: 0-324-06670-8
ISBN-13: 9780324066708
ISBN-13: 978-0-324-06670-8
Hardcover
2001-03-16
South-Western Educational Publishing


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Editorials


Book Description
Albrecht introduces readers to basic accounting concepts, excites them by using lots of real world examples (both U.S. and international), provides them with some basic accounting knowledge, and then shows them how accounting is used and analyzed in actual case situations. This book does not take an encyclopedic approach to every possible nuance of financial statement preparation or alternative way to perform accounting functions since users who desire that level of detail will find it in more advanced classes.

Reviews


Excellent Book
This book has good explanation about accounting concepts and brief graphs to show the calculations. It is so easy for beginners to understand the accounting concepts and the forms.

Great Accounting Book
THe book is very clear and simple. The author uses straight forward examples to explain the concepts. Great book to refresh your basic accounting concepts!

excellent intro book!
excellent intro book! and a great read too ;)

management accouting for steve albrecht, et al
this text hasn't included solutions manual that's big trouble for student

Missing major material
This book was required for my accounting class. It seems the have the holes of Swiss cheese though. While it probably covers the basics of Financial Accounting as well as any other book, it lacks some things that I thought would be entirely useful. For example only the odd exercises have the solutions in the back. Maybe it's just me, but I expect all since I'm in college. Furthermore, despite the copyright date of 2002, this edition contains a lot of old material. It lists Market Capitalization information about Microsoft from the spring and summer of 2000, the peak in stock prices. Also in the first chapter it speaks of accounting ethics and references a speech made in 1998 by the chairman of the SEC. It makes no mention to the scandals of Enron, WorldCom etc. (Enron declared bankruptcy on Dec. 2, 2001.) This edition appears to be just a desire by the authors to put out a new edition to limit the used book trade of the 7th edition and make more money for the authors.
If you can avoid it, do not buy this edition new.


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