Customer Reviews

Advanced Accounting, Update Edition w/ Enron Powerweb

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1 star:		(2)

 

 

I had to use this book for my Advanced Accounting class at the U of I at Chicago, and I followed it along with Bill Gates' Excel. Even without an available student's solutions manual, I recommend this book.

The learning approach I employed was different. I used the exhibits, figures, and other tables, and duplicated them in Excel. Within the cells, I created formulas to derive the numbers shown in each debit (credit) line item in the worksheet. When it came time to try a different problem, I just changed the inputs, and in most cases, the numbers fell into place. If something didn't, it usually meant that I had to modify or add to a formula or input until the entire worksheet balanced.

After each chapter, the instructor provided the solutions so that we were able to check our answers, but in most cases, I really didn't need them because the answers would just reinforce the solutions that I derived.

With this book and Excel, learning advanced accounting (consolidations) was fun and intellectualy stimulating, and I learned a lot. Moreover, I refined my Excel skills. I just hope I don't become too overconfident and not sufficiently study for the consolidations portion of the CPA exam! :-)

This book was required for my college class. It is clearly designed for the student who enjoys reading textbooks over and over again, just to find the smallest bit of information; versus those who need information fast and reliable.

Not designed for modern day accelerated learning. There are barely any examples and no callouts.

The authors must be simply trying to get their 35 pages per chapter quota. It would be interesting to see what this book would be like if they were compensated based upon student comprehension instead.

This book simply does not explain;and not for student. If you really want to buy, try
Modern Advanced Accounting By E. John Larsen.