In the new sixth edition, readers will be able to clearly see the relevance of accounting in their everyday lives. The authors introduce challenging accounting concepts with examples that are familiar to everyone, which helps build motivation to learn the material. Accounting issues are also placed within the context of marketing, management, IT, and finance.
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More About the Author
Donald E. Kieso, PhD, CPA, received his bachelor's degree from Aurora University and his doctorate in accounting from the University of Illinois. He is currently the KPMG Peat Marwick Emeritus Professor of Accounting at Northern Illinois University. He has public accounting experience with Price Waterhouse & Co. (San Francisco and Chicago) and Arthur Andersen & Co. (Chicago) and research experience with the Research Division of the American Institute of Certified Public Accountants (New York). He has done post-doctorate work as a Visiting Scholar at the University of California at Berkeley and is a recipient of NIU's Teaching Excellence Award and four Golden Apple Teaching Awards. Professor Kieso is the author of other accounting and business books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Illinois CPA Society. He is currently serving on the Board of Trustees and Executive Committee of Aurora University, as a member of the Board of Directors of Castle BancGroup Inc., and as Treasurer and Director of Valley West Community Hospital.
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7 of 7 people found the following review helpful:
5.0 out of 5 stars
The Age-Old Sailboat Book Problem,
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This review is from: Financial Accounting (Hardcover)
One never likes having to buy it new. Still, there are reasons to like the Weygandt, Kimmel and Kieso Sailboat series including this 6th edition of Financial Accounting (Financial Accounting I). These authors have done everything to make the subject progressively more accessible in each edition. I know as I suffered through the courses once too. I have a master's in accounting and am a CPA. It's surprising how many accounting texts assume the student has certain prerequisite skills and knowledge and equally surprising how so many accounting professors want to lecture beyond the level of the students, which is not so easy to do when using the Sailboat Financial Accounting book. These are really teaching books. I buy used recent editions for myself just for reference since they're so well done and so cheap. Not all CPAs do that but I practice financial accounting and train accountants.You'd be lucky if the professor is permissive enough to go with the 5th edition because most students quickly sell these books once the course is over, so used editions are MUCH cheaper. But professors insist on the most recent edition. Also, the authors anticipate that everyone wants to use the cheaper previous edition, so they always change the end of chapter problems. The publisher also provides the professors with additional materials including exam materials, so there's always the incentive for the professor to use the latest edition. These are serious heavy books. This one is 938 pages and you have to know the material by the time the course is finished. No wonder so many people, despite knowing that good accountants tend to stay employed in a recession, won't even consider this route. But at least these Sailboat books are hardcover with large dimensions and quality paper and binding. Nothing is worse than using a thick softcover text that feels like a phone book. Unfortunately they're expensive new, and you might one day be buying the 10th edition used for a fraction of this price. Note also that you don't get a WileyPlus access code with this book, in case your professor requires you to use this resource. You can go to the WileyPlus website and buy an access code for usually about $75 or see what your college bookstore charges in the event that they sell it. Finally, a word of caution and encouragement: This course, along with Intermediate Accounting, are often the courses that usually weed students out from the accounting major program. They are not easy courses and require more study time than a typical course. You can get supplementary materials too such as more basic accounting books if you need them. Good luck - I wish you the best!
5.0 out of 5 stars
Financial Accounting,
Amazon Verified Purchase(What's this?)
This review is from: Financial Accounting (Hardcover)
I read alot of reviews and was not expecting to receive my book as fast as I had. Also for the price I had paid I did not expect to get one in as good of shape as the one I recieved. I was pleasantly surprised and hope to find future books in this same condition for the same price.
5.0 out of 5 stars
Great Financial Accounting Book,
Amazon Verified Purchase(What's this?)
This review is from: Financial Accounting (Hardcover)
This is a great book for the first Financial accounting course. It is concise and easy to follow!
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Inside This Book
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Key Phrases - Statistically Improbable Phrases (SIPs):
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merchandise inventory, salaries expense, prepaid insurance, insurance expense, unearned revenue, sales discounts, rent expense, accumulated depreciation, advertising supplies, interest revenue, specimen financial statements, demonstration problem, ethics case, financial statement analysis, rent revenue, unearned rent, identity theft, prepaid rent, debt investments, estimated warranty liability, delivery expense, younger company, financial highlights, doubtful accounts, repair parts Key Phrases - Capitalized Phrases (CAPs): (learn more)
Accounts Receivable, Accounts Payable, Debit Credit Balance, Service Revenue, Date Explanation Ref, Salaries Payable, Bonds Payable, Notes Payable, Date Ref, Action Plan, Instructions Prepare, Supplies Expense, Student Companion, Stock Transactions, Audio Supply, Interest Payable, Wall Street Journal, Broadening Your Perspective, Advertising Expense, Sauk Stereo, United States, Pioneer Advertising Agency Inc, Time Warner, Penney Company, Self-Study Questions Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
merchandise inventory, salaries expense, prepaid insurance, insurance expense, unearned revenue, sales discounts, rent expense, accumulated depreciation, advertising supplies, interest revenue, specimen financial statements, demonstration problem, ethics case, financial statement analysis, rent revenue, unearned rent, identity theft, prepaid rent, debt investments, estimated warranty liability, delivery expense, younger company, financial highlights, doubtful accounts, repair parts Key Phrases - Capitalized Phrases (CAPs): (learn more)
Accounts Receivable, Accounts Payable, Debit Credit Balance, Service Revenue, Date Explanation Ref, Salaries Payable, Bonds Payable, Notes Payable, Date Ref, Action Plan, Instructions Prepare, Supplies Expense, Student Companion, Stock Transactions, Audio Supply, Interest Payable, Wall Street Journal, Broadening Your Perspective, Advertising Expense, Sauk Stereo, United States, Pioneer Advertising Agency Inc, Time Warner, Penney Company, Self-Study Questions Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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