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Introduction to Financial Accounting: A User Perspective (3rd Edition) [Hardcover]

Michael L. Werner (Author), Kumen H. Jones (Author)
5.0 out of 5 stars  See all reviews (3 customer reviews)

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Book Description

May 23, 2003 013032759X 978-0130327598 3

An excellent introduction to financial accounting, this book informs the reader about its significant role in making sound business decisions. With its concentration on the uses of financial accounting rather than on the preparation of accounting information, the authors present the information in a manner that makes the topic readily available for use in a broad number of ways. This complete and easy to understand financial accounting book covers the following topics briefly, yet comprehensively: economic decision-making and business in the United States; balance sheets; income statements and statements of owners' equity; economic management; the accounting system; long-lived depreciable assets; inventory accounting; cash flow statements; and a close look at financial statement analysis. For readers needing a book that will allow them a basic understanding of financial accounting.


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Customers buy this book with Health Economics: Theory, Insights, and Industry Studies (with InfoTrac College Edition 2-Semester and Economic Applications Printed Access Card) $172.63

Introduction to Financial  Accounting: A User Perspective (3rd Edition) + Health Economics: Theory, Insights, and Industry Studies (with InfoTrac College Edition 2-Semester and Economic Applications Printed Access Card)
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Editorial Reviews

Review


"The entire book is very clearly written at a presentation level appropriate for an introductory course. The clarity and effectiveness of presentation is excellent, and I have enjoyed using this text. My students typically give me unsolicited positive feedback on the text-particularly its readability." — Connie Groer, Frostburg State University




"I felt that the author was talking to me . . . . The writing style is clear and effective and supports effective teaching. The use of well-known companies throughout gives more credibility to the reading. I have used many introductory texts and I feel that this is one of the best presentations." — A. J Potts, University of Southern Maine




"I believe there are two topics that present the greatest difficulty for students. First is the cash versus accrual bases of accounting. The second is the process of recording transactions via debits and credits, normalization, and posting to the ledger. The Werner/Jones text handles both of these issues better than my current text." — Marshall Pitman, University of Texas-San Antonio




"The entire book is very clearly written at a presentation level appropriate for an introductory course. The clarity and effectiveness of presentation is excellent, and I have enjoyed using this text. My students typically give me unsolicited positive feedback on the text, particularly its readability." — Connie Groer, Frostburg State University




"Chapter 11 is excellent! It gives a very good description of where to look for information of a nonfinancial nature. This is an unusual asset in a beginning accounting text, and the authors should be congratulated. This one chapter is enough to justify buying the book." — Harold Wyman, Florida International University




"I am currently using the Second Edition of this text and have found the chapters to be consistently strong in content, examples, and writing style." — Michael Welker, Drexel University




"The 'Accounting for Inventory' [chapter] did an excellent job of comparing periodic inventory to perpetual inventory systems. Overall, Werner/Jones have done a better job of presenting the data on inventory in a more concise and understandable manner than [current text in use]." — Ken Couvillion, San Joaquin Delta College




"Werner/Jones lays out the inventory chapter (Chapter 8) in a way that is easier for the student to understand than does my present book." — David Caslan, Bethune-Cookman College




"'Statement of Cash Flows' is a difficult chapter . . . [and it] always challenges students. The discussion of the cash flow statement is clear, the example that walks us through the preparation is uncomplicated, and the discussion of the direct method included in the appendix is fine. The best way to understand this topic is through actually preparing a statement of cash flows, and the chapter does a good job of doing so. — Mark Bettini, University of California-Berkeley




"It is my personal belief that the 'Analyzing of Financial Statements' chapter is the most important chapter in the course. After all, what's it all about if a student doesn't know how to use the financial statements to make important business decisions about a company . . . . Trying to be objective, I must tell you that Werner/Jones have done an excellent job in this chapter." — ;Ken Couvillion, San Joaquin Delta College


From the Publisher

This introduction to accounting, and its significant role in making sound business decisions, seeks to teach students how to be wise users, not necessarily preparers of accounting information -- a focus endorsed and supported by the AECC. The authors put accounting information into the broader business context, emphasizing what accounting information is, why it is important, and how it is used to make strategic economic decisions. --This text refers to an alternate Hardcover edition.

Product Details

  • Hardcover: 592 pages
  • Publisher: Prentice Hall; 3 edition (May 23, 2003)
  • Language: English
  • ISBN-10: 013032759X
  • ISBN-13: 978-0130327598
  • Product Dimensions: 11.1 x 8.6 x 1.1 inches
  • Shipping Weight: 3.4 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #334,743 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Easy to read book with necessary examples!, December 3, 2011
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This review is from: Introduction to Financial Accounting: A User Perspective (3rd Edition) (Hardcover)
I had to purchase this book for an Accounting Class and it has been helpful in understanding concepts. Every chapter starts off with a story that helps you grasp what you'll be learning about and what objectives will be touched. After every section there is a discussion question that gets you involved in the learning process. There are plenty of examples, figures and tables and a lot of questions that at the end of the chapter to help you apply what you've learned. The book is very readable and interesting! Instead of selling it, I plan on keeping it in my personal library.
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0 of 2 people found the following review helpful:
5.0 out of 5 stars Excellent Service, June 24, 2011
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This review is from: Introduction to Financial Accounting: A User Perspective (3rd Edition) (Hardcover)
I was a little late to order my book (only a couple of days before the class started) but it made here on time and in perfect condition. Excellent service! I will definetely use them in my next purchase.
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0 of 2 people found the following review helpful:
5.0 out of 5 stars Satisfied customer, September 12, 2010
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I received my product in a timely fashion and it is exactly what I expected.
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