Porter/Norton is a transitional text known for its readability, straightforwardness, decision-making focus, and the incorporation of flagship companies. The authors were careful in the new fifth edition to keep the focus on "the basics". The authors have eliminated confusing and redundant elements. The result is an uncluttered, straightforward, and concise financial accounting textbook.
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Book Description
Editorial Reviews
About the Author
Gary A. Porter earned M.B.A. and Ph.D. degrees from the University of Colorado. A recently retired professor of accounting, Dr. Porter taught at several universities, including San Diego State and the University of Montana, and also served as department chair. Widely published and the recipient of numerous teaching awards, Dr. Porter has conducted workshops in the field, has worked as a staff accountant with Deloitte & Touche, and has actively served the Illinois CPA Society, American Accounting Association, and Financial Executives International.
Curtis L. Norton received his Ph.D. from Arizona State University and an M.B.A. from the University of South Dakota. Professor of Accounting at Northern Illinois University for more than 30 years, Dr. Norton earned the University Excellence Teaching Award and has published in The Journal of Accounting Education, CPA Review, and other journals. A member of the American Accounting Association and Financial Executives International, he also consults and conducts training for private and governmental authorities, banks, utilities, and others.
Curtis L. Norton received his Ph.D. from Arizona State University and an M.B.A. from the University of South Dakota. Professor of Accounting at Northern Illinois University for more than 30 years, Dr. Norton earned the University Excellence Teaching Award and has published in The Journal of Accounting Education, CPA Review, and other journals. A member of the American Accounting Association and Financial Executives International, he also consults and conducts training for private and governmental authorities, banks, utilities, and others.
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Most Helpful Customer Reviews
3 of 3 people found the following review helpful:
4.0 out of 5 stars
Very good introduction to accounting,
By Donald Hsu (NYC, United States) - See all my reviews
This review is from: Financial Accounting: The Impact on Decision Makers (Hardcover)
Accounting is hot due to Sarbanes Oxley Act 2002. This textbook is very clear, starting from the basic fundamental concept of T account, debit credit, annual report, intangibles, income statement, balance sheet, asset, liabilities, owner's equity, accrual accounting, inventory, FIFO, LIFO, investments in stocks and bonds, present value, future value, annuities, etc. It will be better if more retirement examples are given, such as Roth IRA, 401K conversion, and estate planning. I would recommend this book to everyone who never took an accounting course.
5.0 out of 5 stars
Financial Accounting Text Serving Niche Market,
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This review is from: Financial Accounting: The Impact on Decision Makers (Hardcover)
With Financial Accounting: The Impact on Decision Makers, authors Gary Porter and Curtis Norton use a unique approach that has created for them a niche market. My purpose is using their textbooks is to have more material that I can use to develop my lectures, quizzes and exams when I teach accounting courses at the university level. In the past I was more active than I am now. I used to teach two courses a year and now I'm taking a break because I have twin babies in addition to my regular job.Porter and Norton present relevant and interesting examples from real-world corporations, and then they teach how to use accounting to solve such matters. Their text's organization is excellent as they provide lessons with well-done assessments to offer immediate feedback. One can never get enough of all this to help in preparation for course instruction. It helps to build a knowledge base of appropriate real world situations that everybody can identify with and, using that, make accounting practices meaningful. Because of the niche served by Porter and Curtis and their track record of producing excellent texts, I imagine they will continue to revise and update with new additions every year. I also hope they continue.
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