Wiley Accounting: Tools for Business Decision Making

Offering a unique approach in the field, this book presents the principles of accounting from a corporate perspective. This provides readers with a real–world understanding of the concepts. It starts with a discussion of real financial statements first, clearly showing how they communicate the financing, operation, and investing activities of a business. The book then helps readers gain the skills, and the confidence they need to use those skills effectively in making business decisions. From the Back Cover Success in Accounting is just a click away... With WileyPLUS, students and instructors will experience success in the classroom. When students succeed–when they stay on–task and make the breakthrough that turns confusion into confidence–they are empowered to realize the possibilities for greatness that lie within each of them. Our goal is to create an environment where students reach their full potential and experience the exhilaration of academic success that will last them a lifetime. WileyPLUS helps to reach that goal. WileyPLUS is an online suite of resources–including the complete text–that will help students: come to class better prepared for lectures get immediate feedback and context–sensitive help on assignments and quizzes track progress throughout the course 85% of students surveyed said it improved their understanding of the material. 82% of students surveyed said it made them better prepared for tests. About the Author Paul D. Kimmel, PhD, CPA, received his bachelor s degree from the University of Minnesota and his doctorate in accounting from the University of Wisconsin. He is an Associate Professor at the University of Wisconsin Milwaukee, and has public accounting experience with Deloitte & Touche (Minneapolis). He was the recipient of the UWM School of Business Advisory Council Teaching Award, the Reggie Taite Excellence in Teaching Award, and a three–time winner of the Outstanding Teaching Assistant Award at the University of Wisconsin. He is also a recipient of the Elijah Watts Sells Award for Honorary Distinction for his results on the CPA exam. He is a member of the American Accounting Association and the Institute of Management Accountants and has published articles in Accounting Review, Accounting Horizons, Advances in Management Accounting, Managerial Finance, Issues in Accounting Education, Journal of Accounting Education, as well as other journals. His research interests include accounting for financial instruments and innovation in accounting education. He has published papers and given numerous talks on incorporating critical thinking into accounting education, and helped prepare a catalog of critical thinking resources for the Federated Schools of Accountancy. Jerry J. Weygandt, PhD, CPA, is Arthur Andersen Alumni Professor of Accounting at the University of Wisconsin Madison. He holds a Ph.D. in accounting from the University of Illinois. Articles by Professor Weygandt have appeared in the Accounting Review, Journal of Accounting Research, Accounting Horizons, Journal of Accountancy, and other academic and professional journals. These articles have examined such financial reporting issues as accounting for price–level adjustments, pensions, convertible securities, stock option contracts, and interim reports. Professor Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Wisconsin Society of Certified Public Accountants. He has seved on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary–Treasurer of the American Accounting Association. In addition, he has been actively involved with the American Institute of Certified Public Accountants and has been a member of the Accounting Standards Executive Committee (