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Accounting: What the Numbers Mean w/ Student Study Resource: Study Outline/Ready Notes/Solutions to Odd Number Problems&Net Tutor Package
 
 

Accounting: What the Numbers Mean w/ Student Study Resource: Study Outline/Ready Notes/Solutions to Odd Number Problems&Net Tutor Package [Hardcover]

David Marshall (Author), Wayne William McManus (Author), Daniel Viele (Author)
3.1 out of 5 stars  See all reviews (54 customer reviews)

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Book Description

0072478543 978-0072478549 August 7, 2001 5
Accounting: What The Numbers Mean, 5e, was written to meet the needs of non-accountants who want a basic understanding of financial statements, and who want to learn how to use accounting information in the financial decision-making process. The reader is introduced to basic concepts supporting financial statements and managerial accounting information. Students learn what financial statements do and do not communicate. A complete annual report is included in the appendix.

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Editorial Reviews

About the Author

David H. Marshall is Professor of Accounting Emeritus at Millikin University. He taught at Millikin, a small, independent university located in Decatur, Illinois, for 25 years. Wayne W. McManus makes his home in Grand Cayman, Cayman Islands, BWI, where he worked in the private banking sector for several years and is now a semiretired consultant. Daniel F. Viele is Professor of Accounting and currently serves as Associate Vice President for Academic Affairs at Webster University. --This text refers to the Paperback edition.

Product Details

  • Hardcover: 624 pages
  • Publisher: McGraw-Hill/Irwin; 5 edition (August 7, 2001)
  • Language: English
  • ISBN-10: 0072478543
  • ISBN-13: 978-0072478549
  • Product Dimensions: 10 x 8.2 x 1.6 inches
  • Shipping Weight: 4.6 pounds (View shipping rates and policies)
  • Average Customer Review: 3.1 out of 5 stars  See all reviews (54 customer reviews)
  • Amazon Best Sellers Rank: #1,363,321 in Books (See Top 100 in Books)

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Customer Reviews

54 Reviews
5 star:
 (20)
4 star:
 (7)
3 star:
 (2)
2 star:
 (9)
1 star:
 (16)
 
 
 
 
 
Average Customer Review
3.1 out of 5 stars (54 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

15 of 15 people found the following review helpful:
2.0 out of 5 stars Terrible accounting text, February 25, 2007
The textbook is just poorly organized and doesn't begin to prepare you to solve the problems that are given at the end of each chapter. While it defines terms well it also leaves out explanations for most practical applications that are tested for in the problems. There is no way to check your actual work, since even the homework manager only provides solutions and not a detailed methodology as to how the answers were arrived at. It is amazing that this has survived to 7 editions without someone organizing the chapters and the material in some more organized fashion. Unrelated concepts are thrown in at the end of chapters with little explanation. If you want to learn accounting terminology this book is okay. If you want to learn how journal entries are actually recorded line by line look somewhere else. The explanation of debits and credits is perfunctory. This is not written as an entry level accounting text for non accountants.
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12 of 12 people found the following review helpful:
1.0 out of 5 stars Avoid at all costs!!!!, February 12, 2004
By 
Rhino king "DC" (Cincinnati, Ohio United States) - See all my reviews
I am having to use this book for an Accounting Grad class and it is perhaps one of the worst txt books I have ever laid my eyes on! Wordy doesn't begin to describe how bad this book is, did this go through an editor or straight to press? It just goes on and on and on throwing in examples that come later in the chapter, the examples are poor never follwing a simple path, and the questions at the end of each section are as bad as the book. This book reminds me of someone who decides to teach you something off of the top of their head, they didn't bother to make any notes or set a goal for how they wanted to approach the subject. Avoid at all costs!!!
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7 of 7 people found the following review helpful:
1.0 out of 5 stars This book is very confusing, February 2, 2003
By A Customer
This review is from: Accounting: What the Numbers Mean w/ Student Study Resource: Study Outline/Ready Notes/Solutions to Odd Number Problems&Net Tutor Package (Hardcover)
As a first timer to accounting I htought the book should have better explained the basics instead of rushing into so much complicated material. I feel in order to be able to understand this book I should have taken a basic accounting class first.
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Inside This Book (learn more)
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First Sentence:
In a broad sense, accounting is the process of identifying, measuring, and communicating economic information about an organization for the purpose of making decisions and informed judgments. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
use the horizontal model, strategic equity securities, predetermined overhead application rate, segmented income statement, unearned stock compensation, contribution margin model, income statement subtotal, common fixed expenses, network processing components, special pricing decision, using the horizontal model, preferred dividend coverage ratio, depreciation calculation methods, direct fixed expenses, lower average selling prices, relevant range assumption, cost behavior pattern, financial review section, financial statement category, manufacturing overhead account, contribution margin ratio, contribution margin format, following summarized data, relevant cost analysis, average operating assets
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Main Street Store, United States, Intel Corporation, Solutions To What Does It Mean, Business Week, New York, Payable Expense, American Institute of Certified Public Accountants, Internal Revenue Code, Evans Ltd, High Ridge Park, Senior Notes, The Wall Street Journal, Cash Accounts, Motley Fool, Net Situation Assets Liabilities Equity Income, Air Comfort, Current Current, Liabilities Short-term, Student Study Resource, Decision Making Strategic, Dow Jones, Internal Revenue Service, Inventories Prepaid, Modified Accelerated Cost Recovery System
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