I purchased this book on August 21, 2013. Financial Accounting, Student Value Edition (9th Edition) Loose Leaf. The book description was as follows:
Package includes: 0132349396 / 9780132349390 MyEducationKit -- Valuepack Access Card 0133049345 / 9780133049343 NEW MyAccountingLab with Pearson eText -- Access Card -- for Financial Accounting
I ordered this item through amazon prime, free 2-day shipping. The first problem I had was the shipping delay. Though it arrived the day after it shipped, it did not ship until September 4, 2 weeks after the class I needed it for had begun. This was my own problem, however, as the order confirmation included the delay, but I did not notice until a few days after I placed the order.
The real problem with this order was the misleading book description. It DID NOT include the myAccountingLab access card, which I need for my class. After speaking with amazon customer service, I found that even though the page I ordered it from said it was included, this was a description for the wrong product. In the box where you can select between the kindle, hardcover, and looseleaf versions of the text, you must click the minuscule plus sign next to looseleaf to see a more expensive version that includes the access code. There is no indication that this step is necessary to receive the code, and I would not have known had I not spoken with amazon customer service.
In short, you should look elsewhere to find this text. The shipping delay and missing access code were very irritating, but that aside, the loose leaf edition is just an unbound stack of 3-hole punched papers. Look for a new copy at your university bookstore, and save yourself a massive headache.
I was nervous about starting a graduate level accounting class, so I bought two other financial accounting textbooks at used bookstores in order to prepare for this class, and I'm glad I did because they explained more about the topic than this book - which was the required book for the class. This text does a great job of making a boring and difficult subject even more confusing and frustrating. The My Accounting Lab is a mess, and a lot of the quizzes contain material from later chapters and take hours to find the information for. The eText Pages option during quizzes and homework take you to pages that don't actually cover the material they're supposed to, and my professor actually stopped using My Accounting Lab a third of the way through the semester because the class was having so many difficulties and the help line didn't provide solutions. By far my worst experience with a text book and online lab!
A note to the people complaining about not received the access code when buying used: used books generally don't come with access to the online labs. Some texts have free websites to accompany their books, but they won't specify having to use an access code to get into those sites. Access code = limited access to those who pay a bunch of money for new editions and codes.
This book was required text for a class. Pretty good overall, content is easy to understand and uses many examples. However, a few things to keep in mind:
- The student value edition is not binded. It arrives as a stack of paper with 3-holes punched. You will need a binder if you purchase this edition.
- Lots of practice questions but no answers! This pretty much makes the practice questions useless. The instructor said we have to contact the publisher for the answers. Given that there are 20 practice questions per chapter, most of us did not bother.
- This edition does not include the Accounting Lab CD. The instructor said the CD contains more practice questions and supplemental content which may be useful for studying, but is not necessary component of the book.
Aside from the fact that accounting is the most driest subject ever, this book is horrid. I'm a visual learner, and the panels don't include all the real life scenarios. The real life scenarios are listed in the text; however there should have also been a visual to show what it means in terms of physically doing accounting. Accounting is based on filling out balance sheets, income sheets, etc., so it stands to reason that we should be able to see an example of how to correctly fill out these reports.
Also, the book and MAL (my accounting lab) has some discrepancies. How can you learn when the book does it one way, and then the software that accompanies the book does it another. This is ONE HOT MESS! Fail - as in F - for the book and supplement.
This does the job. However, if you have a choice, there are much better books. One book that provides much more insight is Essential Financial Accounting by Kermit D. Larson. The CFA recommends this book and it is excellent.
Bought the book NEW. No access code inside. That's the only reason I bought it new. State that it doesn't come with the access code if you're selling it as "new". Now I get to pay $50 more to join the site.
When I first received the book, I had noticed it was the wrong edition. It was my mistake so I can not place any faults on Amazon or the book itself. I asked my professor and he said it would be fine to use the 9th edition instead of the 10th edition which was the one being used by our class. I am overall pleased with the quality of the book and the outstanding low rental fee. Great book and definitely a great deal. Thanks Amazon!